Loan Application And Review

01. Submission of Application. Those eligible systems that received high priority ranking and are ready to proceed will be invited to apply. The applicant must submit to the Department, a completed application on a form as prescribed by the Department. (7-1-26) 02. Application. Applications must contain the following documentation, as applicable: (7-1-26) a. The construction funding application and all the accompanying documentation requested. This information may include, but is not limited to, financial control policy, managerial policies, financial statements, annual operating costs, and information regarding the financing, including the legal debt limit of the applicant, and the existence and amount of any outstanding bonds or other funding which may affect the project; (7-1-26) b. If applicable, a resolution passed by the governing body authorizing an elected official or officer of the applicant to execute a loan contract and sign subsequent loan disbursement requests; (7-1-26) c. Contracts for engineering or other technical services and the description of costs and tasks set forth therein must be in sufficient detail for the Department to determine whether the costs associated with the tasks are IDAHO ADMINISTRATIVE CODE IDAPA 58.01.12 – Rules for Administration of Department of Environmental Quality Wastewater & Drinking Water Loan Funds Section 041 Page 12 eligible costs pursuant to Section 041; (7-1-26) d. A description of other costs, not included in the contracts for engineering or other technical services, for which the applicant seeks funding. The description of the costs and tasks for such costs must be in sufficient detail for the Department to determine whether the costs are eligible costs pursuant to Section 041; (3-24-22) e. A demonstration that the obligation to pay the costs for which funding is requested is the result or will be the result of the applicant’s compliance with applicable requirements for competitive bidding for construction and professional service contracts, including without limitation, the provisions in Sections 67-2801 et seq., 67-2320, and 42-3212, Idaho Code; (7-1-26) f. Intermunicipal service agreements between all entities within the scope of the project, if applicable; (3-24-22) g. Documented evidence of all necessary easements and land acquisition, if applicable; (7-1-26) h. Nonpoint source implementation funding: (7-1-26) i. Information demonstrating that the project is consistent with and implements the Idaho Nonpoint Source Management Plan; (3-24-22) ii. Data that substantiates a nonpoint source pollution problem or issue exists, and how it will be addressed by the project; (7-1-26) iii. A project implementation plan or workplan; (3-24-22) iv. Project commitment documentation that demonstrates the ability for loan repayment; (3-24-22) v. Documentation that the project owner, manager or sponsoring agency will maintain the project for the life of the project; (3-24-22) vi. A demonstration that there will be adequate tracking and evaluation of the effectiveness of the water quality improvements being funded by either the project owner/manager or the sponsoring agency throughout the life of the project; and (3-24-22) vii. A description of the nexus/benefit to a municipality and a letter of support from one (1) or more affected municipalities, if applicable. (7-1-26) 03. Determination of Completeness of Application. The Department will review the application to determine whether it includes all of the information listed in Section 040. (7-1-26) 04. Notification of Incompleteness of Application. Notification if an application is incomplete, including an explanation of missing documentation will be sent to the applicant. The applicant may provide the missing documentation. (7-1-26) 05. Reapplication for Loan. The action of disapproving, recalling or terminating a loan in no way precludes or limits an applicant from reapplying for another loan when the project deficiencies are resolved and project readiness is secured. (7-1-26)