| << Previous Section (73-10-27) | Next Section (73-10-29) >> |
Water and Irrigation | |
Board of Water Resources - Division of Water Resources | |
Section 28 | Charges for use -- Interest. |
|
73-10-28. Charges for use -- Interest. (1) As used in this section, "board" means the Board of Water Resources created in Section 73-10-1.5. (2) The board shall establish: (a) a charge for the use of water, power, or a facility based on: (i) a contractual agreement approved by the board for a project owned by the state; and (ii) the ability of an individual project to return the investment to the state; and (b) an interest rate for the money the board lends to finance a project based on: (i) market conditions; (ii) the repayment ability of the project; and (iii) other factors considered relevant by the board.
Amended by Chapter 267, 2008 General Session |
| << Previous Section (73-10-27) | Next Section (73-10-29) >> |