Ohio Admin. Code 3745-150-14 - Economic and financial need
(A)
To define assistance proposals which may receive reduced interest rates under
the high economic need provision of section
6111.036 of the Revised Code,
the director shall develop criteria which consider median household income,
size of population served, and economies of scale, and may incorporate other
factors related to paying for the costs of the construction and operation of
wastewater collection and treatment systems. Only assistance proposals which
provide residential wastewater treatment service shall be
are eligible
for such rates.
(B) The director
shall determine the level of economic need, and the interest rates to be
awarded under this provision. Projects qualifying for reduced interest rates
under this rule shall also receive additional ranking points, as provided in
paragraph (C) of rule
3745-150-13 of the
Administrative Code.
Notes
Promulgated Under: 119.03
Statutory Authority: 6111.036
Rule Amplifies: 6111.036
Prior Effective Dates: 12/21/2006, 02/20/2012
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(A) To define assistance proposals which may receive reduced interest rates under the high economic need provision of section 6111.036 of the Revised Code, the director shall develop criteria which consider median household income, size of population served, and economies of scale, and may incorporate other factors related to paying for the costs of the construction and operation of wastewater collection and treatment systems. Only assistance proposals which provide residential wastewater treatment service shall be eligible for such rates. The director shall determine the level of economic need, and the interest rates to be awarded under this provision. Projects qualifying for reduced interest rates under this rule shall also receive additional ranking points, as provided in paragraph (C) of rule 3745-150-13 oftheAdministrativeCode.
(B) The director shall determine the level of economic need, and the interest rates to be awarded under this provision. Projects qualifying for reduced interest rates under this rule shall also receive additional ranking points, as provided in paragraph (C) of rule 3745-150-13 of the Administrative Code.
Notes
Promulgated Under: 119.03
Statutory Authority: 6111.036
Rule Amplifies: 6111.036
Prior Effective Dates: 12/21/2006, 02/20/2012
Promulgated Under: 119.03
Statutory Authority: 6111.036
Rule Amplifies: 6111.036
Prior Effective Dates: 12/21/2006