SECTION 375.109. Responsibilities of Applicant

After the satisfactory completion of the project, the Applicant remains responsible for compliance with applicable laws and rules relating to the project and to the financial assistance documents required by the Board resolution or the bond ordinance or resolution, including but not limited to submission of an annual audit, implementation and enforcement of the approved water conservation plan and other assurances made to the Board. The Board has a continuing interest in the State's investment and therefore, the Applicant will be subject to the continuing authority of the Board and the executive administrator through final payment of the financial assistance.

Source Note: The provisions of this §375.109 adopted to be effective September 8, 2010, 35 TexReg 8126; amended to be effective July 30, 2012, 37 TexReg 5615; amended to be effective July 4, 2016, 41 TexReg 4853; amended to be effective June 10, 2020, 45 TexReg 3869