Section 404 – Repayments returned to Water Resources Conservation and Development Fund — Establishment of an enterprise fund.
73-28-404. Repayments returned to Water Resources Conservation and Development Fund — Establishment of an enterprise fund. (1) The board shall deposit, in accordance with Section 51-4-1, into the Water Resources Conservation and Development Fund: (a) repayments of preconstruction and construction costs; and (b) the interest charged. (2) (a) There is created an enterprise fund, as […]
Section 405 – Transfer of title to project and water rights to districts.
73-28-405. Transfer of title to project and water rights to districts. (1) The board shall convey the project’s title and its associated water rights to the districts if: (a) the state has been fully compensated for all of its reimbursable costs; (b) the board finds that the conveyance of the project’s title would be in […]
Section 507 – Repayments returned to Water Resources Conservation and Development Fund — Deposit of remaining revenue — Division of Finance authorized to establish accounts.
73-26-507. Repayments returned to Water Resources Conservation and Development Fund — Deposit of remaining revenue — Division of Finance authorized to establish accounts. (1) Repayments of construction and environmental mitigation costs, the interest charged, and excess hydropower charges shall be deposited in the Water Resources Conservation and Development Fund. (2) The Division of Finance shall […]
Section 102 – Legislative Water Development Commission created.
Affected by 63I-1-273 on 1/1/2031 Effective 5/5/2021 73-27-102. Legislative Water Development Commission created. (1) (a) The Legislative Water Development Commission is created to determine the state’s role in the protection, conservation, and development of the state’s water resources. (b) For purposes of this chapter, “commission” means the Legislative Water Development Commission. (2) (a) The commission […]
Section 103 – Duties and powers of commission.
Affected by 63I-1-273 on 1/1/2031 Effective 5/4/2022 73-27-103. Duties and powers of commission. (1) The commission shall consider and make recommendations to the Legislature and governor on the following issues: (a) how the water needs of the state’s growing agricultural, municipal, and industrial sectors will be met; (b) what the impact of federal regulations and […]
Section 104 – Powers of the board.
73-28-104. Powers of the board. (1) The board may contract with: (a) a district for the sale of developed water; (b) a qualified entity for the development or construction of the project; or (c) a district or other qualified entity for the operation, maintenance, repair, or replacement of the project. (2) By following the procedures […]
Section 105 – Project Management Committee created.
73-28-105. Project Management Committee created. (1) There is created a Project Management Committee within the division. (2) (a) The committee shall be comprised of one representative appointed by: (i) the division director; (ii) the board; and (iii) each of the participating districts. (b) The division representative is the chair of the committee. (3) (a) The […]
Section 201 – Lake Powell Pipeline project.
73-28-201. Lake Powell Pipeline project. (1) The board shall: (a) construct the project as funded by the Legislature; (b) own, operate, and maintain the project until the title is transferred under Section 73-28-405; and (c) consult with the committee on a regular basis concerning the development, construction, operation, maintenance, repair, and replacement of the project. […]
Section 202 – Construction contingent upon sale of water.
73-28-202. Construction contingent upon sale of water. (1) Except as provided in Subsection (3), the board may not expend money for construction costs for any phase of the project until: (a) the board has contracted with the districts for the sale of at least 70% of the water developed by that phase of the project; […]
Section 506 – Water charges.
73-26-506. Water charges. The division shall set prices for the sale or lease of developed water sufficient to: (1) recover the reimbursable construction and environmental mitigation costs within the time period specified in Section 73-26-504 and pay for the interest on those costs; (2) pay for operation and maintenance costs; and (3) accumulate an adequate […]