§ 159I-8. Eligible purpose. - North Carolina Statutes

§ 159I‑8.  Eligiblepurpose.

(a)        Loans may be made by the Agency to finance the cost ofacquisition or construction of projects. Projects shall include solid wastemanagement projects and capital expenditures to implement such projects,including, without limitation, the purchase of equipment or facilities,construction costs of an incinerator; land to be used for recycling facilitiesor landfills; leachate collection and treatment systems; liners for landfills;monitoring wells; recycling equipment and facilities; volume reductionequipment; and financing charges.

(b)        Projects may not include:

(1)        The operational and maintenance costs of solid wastemanagement facilities or programs;

(2)        General planning or feasibility studies; or

(3)        The purchase of land, unless the land is to be used for arecycling facility or a landfill. (1989, c. 756, s. 1; 1995, c. 384, s. 1.)