Eligibility (Repealed)

To be eligible for a loan: (a) the Borrower must be: (1) an investor-owned water company which supplies water to at least twenty-five but less than ten thousand customers; or (2) a municipally-owned water company; or (3) the owner of a privately-owned dam which the commissioner of environmental protection has determined benefits the public; (b) the loan funds can only be used for the purpose of repairing dams which are subject to the jurisdiction of the department of environmental protection under Chapter 446j of the General Statutes. (c) the dam shall have been cited by the department of environmental protection as being in an unsafe condition or as not meeting standards for dams as determined by acceptable engineering practice and the dam owner(s) shall have been ordered to perform engineering investigations and to construct repairs by the department of environmental protection; (d) the Borrower has not received nor is eligible to receive any other State funds or grants or any federal funds or grants for the repair of the dam; (e) the Borrower must present evidence satisfactory to the Authority that the intended repairs will comply with all federal, state and local health and safety laws and regulations.