Section 25299.103 Of Chapter 6.76. Loans For Replacing, Removing, Or Upgrading Underground Storage Tanks From California Health And Safety Code >> Division 20. >> Chapter 6.76.
25299.103
. (a) A complete loan application shall include all of the
following:
(1) Evidence of eligibility.
(2) An environmental audit, as specified in Section 5260 of Title
10 of the California Code of Regulations.
(3) Financial and legal documents necessary to demonstrate the
applicant's ability to repay and provide collateral for the loan. The
board shall develop a standard list of documents required of all
applicants, and may also request from individual applicants
additional financial and legal documents not provided on this list.
(4) An explanation of the reasons why the project tank is not in
compliance with applicable local, state, or federal standards, and
evidence that tanks not included in the list of project tanks are
currently in compliance with applicable local, state, or federal
standards.
(5) A detailed cost estimate of the tasks that are required to be
completed in order for the project tanks to comply with applicable
local, state, or federal standards.
(6) Any other information that the board determines to be
necessary to include in an application form.
(b) Notwithstanding paragraph (4) of subdivision (a), the board
may not refuse to grant a loan to an applicant solely because the
applicant has failed to obtain a permit pursuant to the requirements
of Chapter 6.7 (commencing with Section 25280).