Sec. 11. For the purposes of this chapter, the authority shall do the following:

(1) Administer, hold, and manage all aspects of each fund and the wastewater or drinking water program, and any related fund or account the authority creates under this chapter.

(2) Be the point of contact in relations with the United States Environmental Protection Agency.

(3) Prepare and provide wastewater or drinking water program information.

(4) Ensure that each proposed financial assistance agreement meets the environmental and technical aspects of the wastewater or drinking water program.

(5) Periodically inspect project design and construction to determine compliance with the following:

(A) This chapter.

(B) The federal Clean Water Act or the federal Safe Drinking Water Act.

(C) Construction plans and specifications.

(6) Negotiate the negotiable aspects of each financial assistance agreement.

(7) Manage any payment systems through which the state receives grant payments from the federal government for the wastewater or drinking water program and disbursements to the wastewater SRF fund or drinking water SRF fund.

(8) Prepare annual reports concerning each fund and program.

(9) Be the point of contact with participants and other interested persons in preparing and providing wastewater or drinking water program information.

(10) Prepare or cause to be prepared each financial assistance agreement.

(11) Sign each financial assistance agreement.

(12) Conduct or cause to be conducted an evaluation as to the financial ability of each participant to pay the loan or other financial assistance and other obligations evidencing the loans or other financial assistance, if required to be paid, and comply with the financial assistance agreement.

As added by P.L.189-2018, SEC.25.