that on February 21, 2011, the Department issued an order granting the City of Minneola a variance. The petition was received on January 10, 2011, and the notice of receipt of the petition for variance was published in the Florida Administrative ...  


  • Rule No. : RULE TITLE :
    62-503.430: Loan Agreements
    The Department of Environmental Protection hereby gives notice:
    that on February 21, 2011, the Department issued an order granting the City of Minneola a variance. The petition was received on January 10, 2011, and the notice of receipt of the petition for variance was published in the Florida Administrative Weekly on January 28, 2011. The petition requests a variance from the paragraph 62-503.430(9)(a), F.A.C., which requires that construction loans for projects sponsored by local governments be repaid within 20 years. The City of Minneola requested that their loan, No. 89601L, repayment be extended from 20 years to 30 years due to financial hardship. No public comment was received. The Order, OGC # 11-0050, granted the Petition for variance from paragraph 62-503.430(9)(a), F.A.C., and extended the loan repayment period from 20 years to 30 years, based on a showing that Minneola demonstrated that a strict application of the rule would result in substantial hardship to Minneola and because Minneola had successfully fulfilled the requirements of the underlying statute by other means.
    A copy of the Order or additional information may be obtained by contacting:
    Robert H. Ballard, PE III, Department of Environmental Protection, Bureau of Water Facilities Funding, MS 3505, 2600 Blair Stone Road, Tallahassee, Florida 32399-2400; (850)245-8401; bob.ballard@dep.state.fl.us.

Document Information

Contact:
Robert H. Ballard, PE III, Department of Environmental Protection, Bureau of Water Facilities Funding, MS 3505, 2600 Blair Stone Road, Tallahassee, Florida 32399-2400; (850)245-8401; bob.ballard@dep.state.fl.us.
Related Rules: (1)
62-503.430. Loan Agreements