Section 73-10c-4.5 - Nonpoint source project loans and grants - Project objectives - Water Quality Board duties(1) The Water Quality Board may make a loan from the Utah Wastewater Loan Program Subaccount created in Subsection 73-10c-5(2)(a) or from the Utah State Revolving Fund for Wastewater Projects Subaccount created in Subsection 73-10c-5(2)(b) or a grant from the Hardship Grant Program for Wastewater Projects Subaccount created in Subsection 73-10c-5(2)(c) to a political subdivision, individual, corporation, association, state or federal agency, or other private entity to acquire, construct, or implement a nonpoint source project.(2) The Water Quality Board may only award a loan or grant for a nonpoint source project that will achieve one or more of the following objectives: (a) abate or reduce raw sewage discharges;(b) repair or replace failing individual on-site wastewater disposal systems;(c) abate or reduce untreated or uncontrolled runoff;(d) improve critical aquatic habitat resources;(e) conserve soil, water, or other natural resources;(f) protect and improve ground water quality;(g) preserve and protect the beneficial uses of waters of the state;(h) reduce the number of water bodies not achieving water quality standards;(i) improve watershed management; or(j) prepare and implement total maximum daily load (TMDL) assessments.(3) The Water Quality Board shall: (a) determine the amount, term, and interest rate for each loan made under this section;(b) assure that adequate security is obtained for each loan;(c) establish criteria and procedures for determining priority nonpoint source projects and award loans in accordance with those priorities; and(d) make rules to implement this section in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.Amended by Chapter 382, 2008 General Session.