Utah Administrative Code (Current through November 1, 2019) |
R309. Environmental Quality, Drinking Water |
R309-700. Financial Assistance: State Drinking Water State Revolving Fund (SRF) Loan Program |
R309-700-11. Loans
Latest version.
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The Board may make loans to finance all or part of a drinking water project only after credit enhancement agreements and interest buy-down agreements have been evaluated and found either unavailable or unreasonably expensive. The financing alternative chosen should be the one most economically advantageous for the state and its political subdivisions.