Current through Session Law 2024-45
Section 159G-37 - Application to CWSRF, Wastewater Reserve, DWSRF, Drinking Water Reserve, and Viable Utility Reserve(a) Application. - An application for a loan or grant from the CWSRF, the Wastewater Reserve, the DWSRF, or the Drinking Water Reserve, or a grant from the Viable Utility Reserve, must be filed with the Division. An application must be submitted on a form prescribed by the Division and must contain the information required by the Division. An applicant must submit to the Division any additional information requested by the Division to enable the Division to make a determination on the application. An application that does not contain information required on the application or requested by the Division is incomplete and is not eligible for consideration. An applicant may submit an application in as many categories as it is eligible for consideration under this Article.(b) Certification. - The Division shall require all local governments applying for loans or grants for water or wastewater purposes to certify that no funds received from water or wastewater utility operations have been transferred to the local government's general fund for the purpose of supplementing the resources of the general fund. The prohibition in this section shall not be interpreted to include payments made to the local government to reimburse the general fund for expenses paid from that fund that are reasonably allocable to the regular and ongoing operations of the utility, including, but not limited to, rent and shared facility costs, engineering and design work, plan review, and shared personnel costs.N.C. Gen. Stat. § 159G-37
Amended by 2020 N.C. Sess. Laws 79,s. 1-i, eff. 7/1/2020.Amended by 2014 N.C. Sess. Laws 100,s. 14.17, eff. 7/1/2014.Amended by 2013 N.C. Sess. Laws 413,s. 57-u, eff. 8/23/2013.Amended by 2013 N.C. Sess. Laws 360,s. 14.21-i, eff. 7/1/2013.Amended by 2011 N.C. Sess. Laws 145,s. 13.3-kkk, eff. 7/1/2011.Added by 2005 N.C. Sess. Laws 454, s. 3, eff. 1/1/2006.