Effective – 28 Aug 2018, 2 histories 640.651. Definitions. — As used in sections 640.651 to 640.686, the following terms mean: (1) “Applicant”, any school, hospital, small business, local government or other energy-using sector or entity authorized by the department through administrative rule, which submits an application for loans on financial assistance to the department; […]
Effective – 28 Aug 2018, 2 histories 640.653. Application and technical assistance report, content and form — loans, how granted — review and summary by agencies. — 1. An application for loan funds or other financial assistance may be submitted to the department for the purpose of financing all or a portion of the costs […]
Effective – 28 Aug 1995 640.657. Annual computation of actual energy cost savings. — Annually, at the conclusion of each state fiscal year, each borrower pursuant to the provisions of sections 640.651 to 640.686 shall compute the actual energy cost savings resulting from the implementation of the energy conservation project financed by the loan or […]
Effective – 28 Aug 1995 640.660. Loan repayment. — 1. Each applicant to which a loan has been made under sections 640.651 to 640.686 shall repay such loan, with interest. The rate of interest shall be the rate required by the funding source. The number, amounts and timing of the payments shall be as determined […]
Effective – 28 Aug 1995 640.663. Record-keeping requirements for borrowers. — 1. A borrower under the provisions of sections 640.651 to 640.686 shall establish on its books an energy conservation loan account. Information sufficient to indicate the receipt and expenditure of all funds authorized and allowed under the terms of the loan or other financial […]
Effective – 28 Aug 2001 640.665. Energy set-aside program fund. — 1. The state treasurer shall establish, maintain, and administer a special trust fund to be administered by the department and to be known as the “Energy Set-aside Program Fund”, from which applicants as determined by the department may seek and obtain loans and financial […]
Effective – 28 Aug 1995 640.668. Transfer of funds from industrial/commercial energy conservation loan fund. — All moneys remaining in the industrial/commercial energy conservation loan fund on July 1, 1996, shall be transferred to the energy set-aside program fund. ——– (L. 1995 H.B. 414)
Effective – 28 Aug 1995 640.670. Transfer of funds from local government energy conservation loan fund. — All moneys remaining in the local government energy conservation loan fund on July 1, 1996, shall be transferred to the energy set-aside program fund. ——– (L. 1995 H.B. 414)
Effective – 28 Aug 1995 640.672. Remittance for improper use of loan, procedure — failure to remit payment, collection, actions — audit of loan, when. — 1. Loans and financial assistance made pursuant to sections 640.651 to 640.686 shall be used only for the purposes specified in an approved application or loan agreement. In the […]
Effective – 28 Aug 1995 640.674. Rulemaking authority, procedure. — 1. Under the provisions of sections 640.651 to 640.686, the department shall establish such procedures, policies and qualifications as may be necessary for the administration of sections 640.651 to 640.686. The department shall promulgate administrative rules that ensure an equitable distribution of funds among the […]
Effective – 28 Aug 1995 640.676. Public and private partnership agreements. — 1. The department director may secure other forms of financial assistance permissible by law and establish public and private partnerships with, but not limited to, financial institutions, performance contracting vendors, energy utilities and other energy providers, when such other financial assistance serves to […]
Effective – 28 Aug 1995 640.678. Administration of fund. — After three years from August 28, 1997, and every year thereafter, the department shall calculate the average unobligated balance of general revenue moneys in the fund. The department shall annually notify the state treasurer as to the amount of the average unobligated balance of general […]
Effective – 28 Aug 1995 640.680. Administration of program moneys from sources other than appropriations. — All moneys from sources other than state appropriations which are specified to be used for purposes identified under the provisions of sections 640.651 to 640.686 shall be handled in the same manner as moneys received through state appropriations unless […]
Effective – 28 Aug 1995 640.682. Revenue bonds, purpose. — The department and the authority shall have the power to issue and sell revenue bonds to provide funds for the projects including costs necessarily incidental thereto. ——– (L. 1995 H.B. 414)
Effective – 28 Aug 1995 640.686. Form, details and incidents of revenue bonds. — 1. When not inconsistent with the provisions of sections 640.651 to 640.686, the department and the authority, respectively, are authorized to prescribe the form, details and incidents of the bonds and to make such covenants as in their judgment may be […]