Utah Code Ann. § 73-10g-502 – Capital asset management for a water conservancy district. | Midpage
§ 73-10g-502
Utah Code Ann. § 73-10g-502
Capital asset management for a water conservancy district.
Effective May 7, 2025Amended by Chapter 105, 2025 General Session
(1) As a condition of receiving state or federal financing or grants to be used for an improvement to a capital asset related to water infrastructure, the governing body of a water conservancy district shall commit to adopt a capital asset management plan.
(2) The Board of Water Resources shall make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to establish the elements of a capital asset management plan required under Subsection (1) for a water provider that is a water conservancy district.
(3) A qualified water conservancy district, as defined in Section 17B-2a-1010, is not subject to this section but shall comply with Section 17B-2a-1010.