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2017-01 Authorizing to Borrow from Water Pollution Control Revolving Loan Fund
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2017-01 Authorizing to Borrow from Water Pollution Control Revolving Loan Fund
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Last modified
5/22/2017 2:04:46 PM
Creation date
1/25/2017 4:24:36 PM
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Resolution/Ordinance
Res Ord Num
2017-01
Res Ord Title
Authorizing to borrow funds from the Water Pollution Control Revolving Loan Fund
Department
Public Works
Approved Date
1/17/2017
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22. FISCAL SUSTAINABILITY PLAN REQUIREMENTS <br /> The loan recipient shall comply with the Fiscal Sustainability Plan(FSP)requirement contained in Section 603(d)(1)(E)of the Federal <br /> Water Pollution Control Act by submitting a certification that they have developed and implemented a FSP. This provision applies to <br /> all loans for which the borrower submitted a loan application on or after October 1, 2014. The Agency will send the loan recipient a <br /> FSP Development Certification form prior to final loan closing which shall be submitted and returned as directed. This condition only <br /> applies to loans issued from the Water Pollution Control Loan Program. This condition does not apply to Public Water Supply loans. <br /> 23. SIGNAGE REQUIREMENT <br /> The loan recipient shall meet a signage requirement by posting a sign at the project site or making an equivalent public notification <br /> such as a newspaper or newsletter publication;utility bill insert;or online posting for the project duration. After the signage <br /> requirement is met,documentation must be submitted to the IEPA using the Public Notification/Signage Requirement Certificate of <br /> Completion. Guidance is available on the IEPA website. <br /> PAGE 5 OF 5 <br />
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