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f <br /> R <br /> LZ \ <br /> N <br /> £sf <br /> ft-- <br /> s <br /> After the authorization to award is received: <br /> • MassDEP will issue a Project Regulatory Agreement (PRA) <br /> • The PRA is sent to the Trust's Board of Trustees for a vote <br /> • Once approved, the Trust will send a Financing Agreement Package to the borrower containing <br /> two copies of the PRA and Financing Agreement <br /> Project Regulatory Agreement Financing Agreement <br /> Borrower agrees to follow the terms and Borrower agrees to follow the terms and <br /> conditions of MassDEP conditions of the Trust <br /> Lists estimated disbursements Outlines loan information <br /> Lists eligible costs Contains a draft repayment schedule <br /> Borrowers sign and return the Project Regulatory Agreement (PRA) and Financing Agreement to the <br /> Trust for each loan and retain one copy for their records. <br /> 14 <br /> 77, <br /> { �a <br /> z. <br />