Very little Within this subchapter supersedes or amends any Federal legislation associated with a venture, or perhaps a portion of a undertaking, constructed beneath the reclamation rules.
In figuring out the capability-to-pay of Indian tribe job beneficiaries, the Secretary could look at deferring the collection of all or Element of the non-Federal development charges apportioned to Indian tribe project beneficiaries unless or until eventually the Secretary decides that the Indian tribe task beneficiaries must pay—
Very little With this subchapter authorizes the transfer of pre-current services or pre-present elements of any water technique from Federal to private ownership or from non-public to Federal ownership.
Any prepayment or refinancing phrases on the loan warranty shall be negotiated involving the non-Federal borrower and the lender Along with the consent from the Secretary.
The legal rights in the Secretary, with regard to any residence acquired pursuant to a loan warranty or similar agreement, shall be outstanding towards the legal rights of any other person with regard into the property.
If your Secretary helps make a payment beneath subsection (a), the Secretary shall be subrogated for the legal rights with the receiver of your payment as specified in the loan assurance or similar agreements, including, as proper, the authority (notwithstanding almost every other provision of law) to—
As soon as the Secretary has established that an investigation supplies the knowledge necessary beneath subsection (e), the Secretary shall—
On notification, the Lawyer Common shall consider these motion as is acceptable to Get well the unpaid principal and desire owing from—
The expression "design" means the installation of infrastructure along with the upgrading of present facilities in places by which the infrastructure or amenities are connected to The brand new infrastructure of the rural drinking water undertaking proposed with the Secretary pursuant to this subchapter.
Practically nothing in this subsection precludes any forbearance from the holder in the obligation for the benefit of the non-Federal borrower Which might be agreed on by the functions for the obligation and accepted through the Secretary.
An obligation shall bear fascination in a charge that does not exceed a level the Secretary determines to generally be appropriate, making an allowance for the prevailing price of desire during the private sector for very similar loans and pitfalls.
(B) it really is in the public interest to permit the non-Federal borrower to carry on to go after the reasons with the task; and
The Secretary and also the Comptroller Typical of America, or their duly approved Associates, shall have accessibility, for the goal of audit, on the records and other pertinent documents.
With respect to any obligation confirmed underneath this area, the Secretary could enter right into a contract to pay, and pay, holders on the obligation, for and on behalf of the non-Federal borrower, from money appropriated for that reason, the principal and curiosity payments that develop into because of and payable about the unpaid harmony of website your obligation In case the Secretary finds that—