73-28-401. Analysis of benefits and costs — Allocation of costs. (1) The board shall allocate project costs based on the economic costs and benefits of the developed water and electricity among the following water uses: (a) municipal and industrial; (b) electricity; (c) public recreation; and (d) fish and wildlife. (2) The state shall pay the […]
73-28-402. Agreement for delivery — Period for repayment of costs. (1) The board and each district shall establish by contract the timing and amount of developed water to be delivered to the district. (2) If a contract was made before the project’s completion, the district shall repay the preconstruction and construction costs within 50 years […]
73-28-403. Water and electricity charges. The board, in consultation with the committee, shall establish prices for the developed water sold to the districts and electricity sufficient to: (1) recover the reimbursable preconstruction costs, construction costs, and interest on those costs within the time period specified in Section 73-28-402; (2) pay for operation and maintenance costs; […]
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 […]
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 […]
