Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE35. ENVIRONMENTAL PROTECTION |
PART662. PROCEDURES FOR ISSUING LOANS FROM THE PUBLIC WATER SUPPLY LOAN PROGRAM |
SUBPARTD. LOAN ISSUANCE, AUDITING AND RECORDKEEPING |
§662.410. Loan Issuance
Latest version.
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The Agency may, subject to the availability of funds, issue a loan agreement authorizing the initiation of construction of a project or activity listed in Section 662.130 when:
a) the loan applicant submitted a Funding Nomination Form and the project is on the Project Priority List;
b) the Agency has approved the loan applicant's Project Plan pursuant to Sections 662.320 and 662.330; and
c) the documents required by Section 662.350 have been submitted and approved by the Agency.
(Source: Amended at 43 Ill. Reg. 11209, effective October 1, 2019)