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§ 450.2. Application for Funding for Construction Loans.


Barclays Official California Code of Regulations Currentness
Title 23. Waters
Division 2. Department of Water Resources
Chapter 2.3. Loan Programs Under the Water Conservation and Water Quality Bond Law of 1986, and the Water Conservation Bond Law of 1988 and Loan and Grant Programs for Local Projects Under the Safe, Clean, Reliable Water Supply Act
23 CCR § 450.2
§ 450.2. Application for Funding for Construction Loans.
Applicants for a construction loan under the Bond law shall file an application as provided by the Department. A complete application shall contain the following information:
(1) A description of the project, with illustrations or maps showing project features as appropriate to the type of project, signed by a civil engineer, registered pursuant to California law. For a ground water project, a geologist, registered pursuant to California law, must also sign.
(2) Information demonstrating the engineering feasibility of the project.
(3) Information regarding the economic justification for the project, including a discussion of the least costly alternative to the proposed project which will produce similar results and is engineeringly, financially, and environmentally feasible.
(4) Information regarding critical need for the project.
(5) For ground water recharge projects and in-lieu recharge projects, information regarding the hydrogeologic feasibility of the project and the amount of net overdraft reduction that should result from the project.
(6) For water conservation projects, schematic drawings of water routings before and after the project, showing the effect of the project on diversions, deliveries to customers, evaporation, transpiration, deep percolation and surface drainage, as well as information regarding the net water savings to be derived as a result of the project. This includes identifying the source of the water to be conserved and the use proposed to be made of the conserved water.
(7) For water supply projects and local projects, a description of the existing water supply problems and how the proposed project will remedy them, the source of the water supply proposed to be developed, the proposed use to be made of the developed water supply, and the nature and extent of statewide interest in the project.
(8) Copies of any studies previously prepared for the project.
(9) A statement describing the availability of all water supplies needed for the life of the project, and the water rights the applicant has for the project, addressing the type and duration of those rights.
(10) A timetable for project completion.
(11) An estimated total cost of the project, showing details of eligible project costs.
(12) The amount of the State loan requested; the sources and amounts of other funds to be applied toward the project; the proposed loan term, not to exceed 20 years; the proposed method of loan repayment; and other information regarding the financial feasibility of the project.
(13) Information regarding the financial status of the applicant, including it's ability to repay a loan.
(14) Citations of the applicant's statutory enabling laws, and authority to contract with the State for a loan of the proposed type and duration, including a brief description of the procedural steps required by the applicant's enabling laws to contract with the State for a loan.
(15) A resolution of the applicant's governing body authorizing a designated representative to submit the application.
(16) All environmental documentation available at the time the application is filed, together with a plan and schedule for completing all other required environmental documentation and a disclosure of any anticipated problems.
(17) A disclosure of all known public support and opposition to the project at the time of application. This includes the comments of all interested individuals in the area impacted by the project and not solely of the beneficiaries of the project.
(18) A statement regarding whether there is a water management program in the area impacted by the project, and if so, how the proposed project fits within it.
(19) A statement listing all relevant local land use or general plans, and describing how the proposed project fits within those plans.
(20) A list of all permits that will be required for the project, together with a plan and schedule for obtaining those permits and a disclosure of any anticipated problems.
(21) Additional Documentation. During the administration of this program and the evaluation of applications, additional engineering, technical, financial, economic, hydrologic, geologic, soil and water quality, environmental, water rights, and legal analyses and justification may be required by the Department.
Note: Authority cited: Sections 12879.4 and 78680.20, Water Code. Reference: Sections 12879.2, 12879.4, 12879.5, 12879.6, 78680.8, 78680.12 and 78680.14, Water Code, Section 21150, Public Resources Code.
1. New section filed 5-21-87; operative 6-20-87 (Register 87, No. 22).
2. Amendment filed 9-21-90; operative 10-21-90 (Register 90, No. 44).
3. Amendment of subsection (7) and Note filed 1-28-98; operative 2-27-98 (Register 98, No. 5).
This database is current through 6/17/22 Register 2022, No. 24
23 CCR § 450.2, 23 CA ADC § 450.2
End of Document