The applicant shall show that it either possesses the necessary funds or has reasonable assurance of obtaining the necessary funds, or by a combination of the two, to cover the estimated costs of conducting all licensed activities over the planned operating life of the project, including costs of construction and disposal. The applicant shall provide proof of funds sufficient to cover any annual license fee and any agency costs of processing the application that may exceed the $500,000 application processing fee.

Source Note: The provisions of this §336.735 adopted to be effective June 5, 1997, 22 TexReg 4588; amended to be effective January 8, 2004, 29 TexReg 150