(A) Borrowers may use any participating local lender. The Carver County Board of Commissioners may designate by resolution a county department or agency to serve as local lender for purposes of the grant program.
(B) The Carver County Board of Commissioners may designate by resolution a loan administrator to administer the loan program to determine the eligibility of property owners, and to approve eligibility of project expenses and distribution of loan funds to eligible borrowers.
(C) All repairs and improvements made to SSTS or wells under this chapter shall be performed by a licensed professional and shall comply with the agency rules adopted pursuant to M.S. § 115.55, subd. 3 and Minn. Rules Chapters 7080 through 7083, and other applicable requirements.
(D) Loan funds shall be disbursed to eligible property owners according to priority criteria adopted by the County Board. In considering loan requests, the loan administrator shall consider criteria including, but not limited to, the age and depth of the SSTS or well, the proximity of the SSTS or well to contaminant sources, the pollution potential, and the risks to public health and safety.
(E) Access to the fund is voluntary. Loans issued by the county when acting as the local lender shall result in a lien on the benefiting property according to the terms set forth in the Administrative Plan. The Administrative Plan may be amended by the Carver County Board.
(F) The property owner has the right to prepay loans and assessments.
(G) Projects shall only be funded to the extent of funds available in the loan fund.
(Ord. 58-2007, passed 3-27-07; Am. Ord. 89-2018, passed 12-18-18)