Utah Code 73-28-403. Water and electricity charges
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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 ;
Terms Used In Utah Code 73-28-403
- Board: means the Board of Water Resources. See Utah Code 73-28-103
- Committee: means the Project Management Committee created in Section
73-28-105 . See Utah Code 73-28-103 - Construction costs: means all costs related to the construction of the project, including the environmental mitigation costs. See Utah Code 73-28-103
- Developed water: means surface water developed by the project. See Utah Code 73-28-103
- District: means :(5)(a) the Central Iron County Water Conservancy District;(5)(b) the Kane County Water Conservancy District;(5)(c) the Washington County Water Conservancy District; or(5)(d) any combination of those districts listed in Subsections
(5)(a) through(c) . See Utah Code 73-28-103- Preconstruction costs: means any of the following costs incurred before project construction begins:
(8)(a) planning;(8)(b) design;(8)(c) engineering studies;(8)(d) legal work;(8)(e) permitting;(8)(f) acquisition of land and rights-of-way;(8)(g) compensation for impairment of existing water rights;(8)(h) environmental studies; or(8)(i) any combination of Subsections(8)(a) through(h) . See Utah Code 73-28-103- Project: means the Lake Powell Pipeline project and associated facilities, including:
(9)(a)(i) facilities associated with environmental mitigation;(9)(a)(ii) hydroelectric generating works and incidental electrical facilities;(9)(a)(iii) pipelines; and(9)(a)(iv) pumping stations. See Utah Code 73-28-103(2) pay for operation and maintenance costs;(3) accumulate an adequate reserve for repair and replacement; and(4) allocate the proportionate cost of the project facilities required to deliver the developed water to each district. - Preconstruction costs: means any of the following costs incurred before project construction begins: