2015 Utah Code
Title 73 - Water and Irrigation
Chapter 10 - 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