(3) oversee, as suitable, the development of rural drinking water offer tasks in Reclamation States which can be proposed via the Secretary in the feasibility report formulated pursuant to section 2405 of this title and subsequently authorized by Congress.
By these types of date as can be laid out in the loan assurance or similar agreements, the Secretary shall pay to your holder of your loan guarantee the unpaid curiosity on, and unpaid principal of, the obligation with respect to which the borrower has defaulted, Except the Secretary finds that there was not default by the borrower while in the payment of interest or principal or which the default is remedied.
An obligation shall bear fascination in a fee that doesn't exceed a degree which the Secretary determines to get proper, taking into consideration the prevailing amount of curiosity from the non-public sector for identical loans and dangers.
Any prepayment or refinancing phrases over a loan guarantee shall be negotiated between the non-Federal borrower and also the lender with the consent of your Secretary.
The rights of the Secretary, with regard to any residence acquired pursuant to some loan warranty or associated arrangement, shall be exceptional to the legal rights of almost every other individual with respect for the assets.
(two) the quantity of 2423 loan the payment that the Secretary is licensed to pay for shall be no increased than the quantity of principal and curiosity which the non-Federal borrower is obligated to pay underneath the agreement being confirmed; and
The Secretary shall adjust to State h2o legal guidelines in carrying out this subchapter. Nothing at all During this subchapter influences or preempts Point out drinking water regulation or an interstate compact governing drinking water.
Loan assures via the Secretary shall not exceed an quantity equivalent to 90 % of the expense of the challenge that's the topic of your loan guarantee, as estimated at the time at which the loan guarantee is issued.
A rural water source project that is set to be possible underneath part 2405 of this title is suitable to get a loan assure below area 2423 of this title.
Not later than 1 yr after the day on which the eligibility criteria are posted in the Federal Sign-up beneath segment 2422(a) of the title, and every 2 many years thereafter, the Secretary shall post towards the Committee on Strength and Organic Resources in the Senate and the Committee on Methods of the House of Reps a report that describes the implementation with the loan assurance plan under segment 2423 of this title.
The Secretary plus the Comptroller Normal of the United States, or their duly authorized Associates, shall have access, for the goal of audit, to the records as well as other pertinent paperwork.
The Secretary shall acquire and publish within the Federal Sign-up requirements for determining the eligibility of the venture for monetary support beneath section 2423 of this title.
The Secretary as well as the Secretary of Agriculture shall enter right into a memorandum of arrangement providing for Division of Agriculture economic appraisal functions and loan promise administration for pursuits carried out underneath this subchapter.
大通りから一本脇道に入った静かなエリア エントランスから入ると見渡せる、ゆるいアーチを描くピンクのカウンターに、アーティスティックなトタンの天井デザイン。開放的なキッチンは美しく整理され、冷蔵庫もシルバーで統一感があり、思わず「オシャレ！」と言いたくなるようなモードで洒落た内観に、食べる前から期待値が上がるはず。光が差し込むテラス席や、ゆっくりと寛げるプリザーブドフラワーが飾られた半個室が特等席だ。