73-28-403. Water and electricity charges.
92 words·~1 min read·
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73-28-403. Water and electricity charges.
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 ;
(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.
Enacted by Chapter 216 , 2006 General Session