(1) must have storage capacity of a minimum of 30,000 water gallons located within close proximity to the area to be served;
(2) whose headquarters are outside of the State, must have storage capacity located in the State within close proximity to the area served in the State.
(B) The board may waive the minimum bulk storage facility requirement of subsection (A).
(C) If the storage capacity required by subsection (A) is leased, the storage capacity must be dedicated to the exclusive use of the lessee and must include separate piping and loading-unloading facilities.