Section 28 - Charges for use -- Interest.

UT Code § 73-10-28 (2019) (N/A)

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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: (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.

(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

(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.

(i) market conditions;

(ii) the repayment ability of the project; and

(iii) other factors considered relevant by the board.

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Section 29 - Additional amounts allocated -- Repayment.