Utah § 73-10-28 Charges for use -- Interest.

Utah Statutes

§ 73-10-28 — Charges for use -- Interest.

Utah·Title 73 Water and Irrigation·Ch. 73-10 Board of Water Resources - Division of Water Resources

(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:

(2)(a) a charge for the use of water, power, or a facility based on:

(2)(a)(i) a contractual agreement approved by the board for a project owned by the state; and

(2)(a)(ii) the ability of an individual project to return the investment to the state; and

(2)(b) an interest rate for the money the board lends to finance a project based on:

(2)(b)(i) market conditions;

(2)(b)(ii) the repayment ability of the project; and

(2)(b)(iii) other factors considered relevant by the board.

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(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:

(2)(a) a charge for the use of water, power, or a facility based on:
(2)(a)(i) a contractual agreement approved by the board for a project owned by the state; and
(2)(a)(ii) the ability of an individual project to return the investment to the state; and
(2)(b) an interest rate for the money the board lends to finance a project based on:
(2)(b)(i) market conditions;
(2)(b)(ii) the repayment ability of the project; and
(2)(b)(iii) other factors considered relevant by the board.

Utah § 73-10-28 (Charges for use -- Interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.