When awarding a DWSRF loan to a public water system, the department shall consider, at a minimum, the applicant's ability to:
(1) Repay the DWSRF loan based on a risk assessment;
(2) Provide adequate security in case of DWSRF loan default; and
(3) Promptly begin the project based on past contract performance, if applicable.
[Statutory Authority: RCW
70.119A.170 as amended by 2016 c 111. WSR 16-14-086, § 246-296-140, filed 7/5/16, effective 8/5/16. Statutory Authority: RCW
70.119A.170 and Federal Safe Drinking Water Act, H.R. 1452. WSR 12-01-077, § 246-296-140, filed 12/19/11, effective 2/1/12. Statutory Authority: RCW
70.119A.170. WSR 01-21-137, § 246-296-140, filed 10/24/01, effective 11/24/01.]