§ 68-221-1010. Facilities With Earnings or Operating Deficit, or Operating in Default
Within sixty (60) days from the time that an audit of a water system or wastewater facility is filed with the comptroller of the treasury, the comptroller of the treasury shall file with the board the audited annual financial report of any water system or wastewater facility that has a deficit total net position in […]
§ 68-221-1011. Consolidation of Facilities
As a means to restore the financial stability of a water system or wastewater facility under its jurisdiction, and to ensure the continued operations of water system or wastewater facilities for the benefit of the public being served by such water system or wastewater facility, the board may facilitate, assign a mediator, or otherwise participate […]
§ 68-221-1012. Audited Annual Financial Reports Provided
The comptroller of the treasury shall provide the board on an annual basis all audited annual financial reports of those water systems and wastewater facilities within the board’s jurisdiction. Public water systems shall include in their audited annual financial report the public water system’s annual water loss in the manner prescribed by the water and […]
§ 68-221-1013. Appeals
Any person or entity having a hearing before the board may appeal the board’s order or ruling pursuant to the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
§ 68-221-1014. Authority of Local Governments to Enter Into Loan Agreements
Local governments may enter into loan agreements under this part, notwithstanding and without regard to any limit on indebtedness provided by law.
§ 68-221-1015. Part Supplemental — Loan Agreements Governed by This Part
This part is in addition and supplemental to any other law providing for the financing of water systems and wastewater facilities of local governments, and shall not be deemed to amend or repeal any other law. No proceedings by a local government shall be required for loan agreements hereunder except such as are provided by […]
§ 68-221-1016. Annual Report
Each water system and wastewater facility as defined in § 68-221-1008(i) shall submit to the water and wastewater financing board by the first day of the system or facility’s fiscal year an annual report on a form approved by the board. If a system or facility fails to submit the annual report in accordance with […]
§ 68-221-1017. Review and Approval of New Water or Wastewater System — Petition
Notwithstanding any law to the contrary, any city or county attempting to purchase, develop, acquire, or build a new water or wastewater system shall seek the approval of the water and wastewater financing board in the manner provided for in this section before finalizing plans for purchase, development, acquisition, or construction. The governing body of […]
§ 68-221-1009. Wastewater Financing Board — Powers and Duties
Duties and authority of the board include, to: Adopt, modify, repeal, and promulgate rules in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, and, after due notice, to enforce rules and regulations which the board deems necessary for proper administration of §§ 68-221-1007 — 68-221-1012; Investigate and determine the financial […]
§ 68-221-1001. Short Title
This part shall be known and may be cited as the “Wastewater Facilities Act of 1987.”