77-4-304. Rental and disposition of rent and other receipts
77-4-304. Rental and disposition of rent and other receipts. (1) The rental payment to the state for a wind resource development lease may not be less than the full market value of the interest described in the approved lease. (2) Rentals are credited to the income fund of the grant to which the lands under each lease […]
77-4-205. Notice of proposed lease or license
77-4-205. Notice of proposed lease or license. If these preliminary investigations and the offer made for lease or license are such that the board deems further proceedings on the application to be justified, it shall cause notice of the proposed lease or license to be published not less than once each week during not less than […]
77-4-125. Pooling agreements and unit operations
77-4-125. Pooling agreements and unit operations. (1) Nothing contained in this part or other related laws shall prevent the board from entering into agreements for the pooling of acreage for unit operations for the production of geothermal resources and apportionment of geothermal royalties on an acreage or other equitable basis or from modifying the royalty provisions […]
77-4-126. Royalties and rentals
77-4-126. Royalties and rentals. Geothermal leases shall be issued at an annual rental of not less than $1 per acre, payable in advance and/or a royalty which shall not be less than 10% of the amount or value of steam or other forms of heat or energy derived from the production under the lease and sold […]
77-4-127. Disposition of royalties and other receipts
77-4-127. Disposition of royalties and other receipts. (1) The department shall credit fees collected under geothermal leases to the general fund. (2) All rentals, penalties, and bonuses shall be credited to the income fund of the grant to which the lands under each lease belong. (3) All moneys collected as royalties shall be credited to the permanent fund […]
77-4-128. Permission for and disposition of improvements
77-4-128. Permission for and disposition of improvements. (1) A geothermal lessee of state lands has the right to place upon the leased lands a reasonable amount of improvements, provided that the improvements are directly related to the purpose of the lease. (2) Whenever another person becomes the geothermal lessee, the person shall pay the former lessee the […]
77-4-129. Procedure to fix value of improvements
77-4-129. Procedure to fix value of improvements. (1) If the owner of any improvements on state lands of the type authorized by law at the time they were placed on the land desires to sell these improvements to the new lessee and they are unable to agree on the value of the improvements, the value must […]
77-4-201. Lease or license of power sites
77-4-201. Lease or license of power sites. It is unlawful to sell or advertise for sale state lands constituting power sites or part of power sites capable of developing hydroelectric energy in commercial quantities. However, the board may issue a lease or license to any person, corporation, or municipality for the development of power sites and […]
77-4-202. Power site defined
77-4-202. Power site defined. The words “power site” as used in this part shall mean not only the state-owned land on which the dam is constructed, but also each separate tract of such land which will become part of the reservoir and which in and of itself makes an essential contribution to the value of the […]
77-4-203. Restrictions and regulations
77-4-203. Restrictions and regulations. In issuing any lease or license under the provisions of this part, the board shall have the power and it shall be its duty to incorporate in the lease or license such reasonable restrictions and regulations as it finds necessary in order to protect the interest of the state and its people. […]