(1) The Board
administers the Water Infrastructure Restricted Account (WIRA) for development
of the state's undeveloped share of the Colorado and Bear rivers, pursuant to
existing interstate compacts governing both rivers as described in Title 73,
Chapter 28, Lake Powell Pipeline Development Act and Chapter 26, Bear River
Development Act.
(a) The Board will determine
the need for funding investigation and construction aspects of developing the
Colorado and Bear rivers.
(b) The
Board will authorize expenditures from the WIRA.
(c) Any money utilized to construct water
infrastructure to develop the state's share of the Colorado and Bear rivers is
subject to the repayment provisions of the Lake Powell Pipeline Development Act
and the Bear River Development Act.
(i)
Beneficiaries of projects to develop the Colorado and Bear rivers as described
in the Lake Powell Pipeline Development Act and Bear River Development Act will
be required to provide at least 10% of the project cost.
(ii) Funding for the Lake Powell Pipeline and
Bear River Development will be secured by a water sales agreement as described
in the Lake Powell Pipeline Development Act and the Bear River Development
Act.
(2) The
Board administers the WIRA for the repair, replacement, or improvement of
federal water infrastructure projects developed for local entities in the State
of Utah when federal funds are not available. These entities may apply for this
funding whether the project is owned or operated by the U.S. government or the
local entity.
(a) Any money utilized for the
repair, replacement, or improvement of federal water infrastructure projects
when federal funds are not available shall be repaid pursuant to the terms and
conditions established by the Board and Division by rule, as specified under
Section
73-10g-105,
Utah Code Annotated.
(b) Applicants
shall apply for WIRA funds for federal water infrastructure projects through
the same procedure as stated in
R653-2-3,
Application Procedure.
(c) Federal
water infrastructure projects will be funded through the same process as stated
in
R653-2-4,
Project Funding Process.
(d)
Federal water infrastructure projects or phases of such projects will be
prioritized based the same criteria as stated in R653-2-2.1(a).
(e) Projects financed through WIRA for the
replacement and improvement of federal water infrastructure projects will be
secured by the sale of a bond by the local applicant to the Board.
