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This document serves as a template for non-home rule entities in Illinois to authorize a loan agreement for public water supply improvements in accordance with state regulations.
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How to fill out public water supply loan

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How to fill out PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT

01
Begin with the title of the ordinance, indicating it is for the Public Water Supply Loan Program.
02
Include the date of the ordinance's introduction and the governing body responsible for passing it.
03
Specify the purpose of the ordinance, emphasizing the need for financing public water supplies.
04
Outline the terms of the loan agreement, including the amount, interest rate, and repayment schedule.
05
State the responsibilities of the municipality or governing body in relation to the loan.
06
Include any necessary definitions related to the loan and water supply.
07
Add provisions for compliance with state and federal regulations regarding public water supply.
08
Allow for the appointment of officials responsible for executing the loan agreement.
09
Outline the process for public notification and hearings if required.
10
Include final clauses regarding the effective date of the ordinance and other necessary legal statements.

Who needs PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT?

01
Municipalities or local government entities seeking funding for public water supply improvements.
02
Public utilities that operate water supply systems and require financial assistance for infrastructure upgrades.
03
Government agencies that oversee water quality and management and must comply with funding regulations.
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The PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT is a legal document that allows a municipality or public entity to enter into a loan agreement for financing the construction or improvement of public water supply systems.
Municipalities, public water districts, and other entities that operate public water supply systems are typically required to file the PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT when seeking financial assistance for their water supply projects.
To fill out the PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT, follow the provided template, filling in the necessary details such as the name of the municipality, description of the project, amount of the loan requested, and signatures of authorized officials.
The purpose of the PUBLIC WATER SUPPLY LOAN PROGRAM SAMPLE ORDINANCE AUTHORIZING LOAN AGREEMENT is to provide a formal mechanism for municipalities to secure funding for necessary improvements or construction of public water systems, ensuring safe and reliable water supply to residents.
Information that must be reported includes details of the water supply project, financial information regarding the loan amount, repayment terms, project timelines, and any other documentation required by the funding agency.
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Relevant keywords

Public Water Supply Loan Agreement Illinois EPA Ordinance Non-home rule Public health Safety Infrastructure Local Government Debt Reform Environmental Protection

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