20227427, 62-554.100 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 20227427

Notice of Proposed Rule

Department:

DEPARTMENT OF ENVIRONMENTAL PROTECTION

Chapter:

Water Storage Facility Loan Program

Overview

RULE:

62-554.100	Definitions
62-554.200	General Program Requirements
62-554.300	Project Selection Criteria
62-554.400	Loan Application and Agreements
62-554.500	Audits Required

PURPOSE:

Section 373.475, F.S., requires the Department to adopt rules that set up procedures for providing loans to local governments or water supply entities for the development and construction of water storage facilities. The law defines a “water storage facility” as all facilities (publicly, privately, investor, or cooperatively owned), including land, necessary for an above-ground or in-ground reservoir.

SUMMARY:

Chapter 62-554, Florida Administrative Code (FAC), titled Water Storage Facility Loan Program, will establish procedures for administering this loan program, similar to the Drinking Water State Revolving Fund Program but without the Federal requirements. The Department will solicit proposals once per year when funding is available. Projects deemed environmentally sound and implementable will be ranked in accordance with criteria set forth in 373.475(4), F.S., and funded until funds run out. Loan application, agreement requirements, and state auditing requirements are similar to requirements in Drinking Water State Revolving Loan Program.

RULEMAKING AUTHORITY:

373.475, F.S.

LAW:

373.475, F.S

PRINT PUBLISH DATE:

3/28/2018 Vol. 44/61

COMMENTS:

From 3/28/2018 To 4/18/2018 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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