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<br />. <br /> <br />. <br /> <br />. <br /> <br />Part 2 <br />Grant and Loan Program Eligibility and Application Process <br /> <br />Overview of the Account and Fund Manal!ement <br /> <br />To help ensure opportunities for IBCRTs to seek funding in an orderly fashion and at the <br />same time to encourage competitive water activities from every river basin the CWCB <br />will administer two accounts. There will be a Statewide Account that will be used to <br />fund water activities from any roundtable on a competitive basis based on the eligibility <br />requirements in this section and the threshold and evaluation criteria outlined in Part 3 of <br />this document. There will also be Basin Accounts for each of the 9 roundtables. The <br />Basin Accounts will be used to fund water activities from the designated IBCRTs based <br />on the eligibility requirements in this section and the threshold criteria outlined in Part 3 <br />of this document. It is important to emphasize that funds for the Basin Account are <br />reserved for the roundtables until January 2010. If funding is not sought or if funding is <br />not approved based on the merits of the water activity by that time, remaining funds in <br />the Basin Accounts in January 2010 will be transferred to the Statewide Account. <br /> <br />The table on the following page summarizes the funding and cash management strategy <br />to be used to administer the Account. <br /> <br />7 <br /> <br />Final Draft <br /> <br />July 12,2006 <br />Rev. I July 17,2006; Rev.2 July 31,2006; Rev. 3 August 4,2006; <br />Rev. 4 August 9, 2006; Rev. 5 September 15,2006; Rev. 6 September 18,2006 <br />