Utah Code 73-10g-502. Capital asset management
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(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 provider shall commit to adopt a capital asset management plan.
Terms Used In Utah Code 73-10g-502
- Board: means the Board of Water Resources. See Utah Code 73-10g-102
- Capital asset: means an asset that:(1)(a) is a significant investment or an essential component necessary to provide water service, including:(1)(a)(i) a facility;(1)(a)(ii) infrastructure, whether above or below ground level;(1)(a)(iii) equipment; or(1)(a)(iv) a communications network; and(1)(b) is owned by a water provider. See Utah Code 73-10g-501
- Governing body: means :
(2)(a) for a political subdivision, the political subdivision governing body defined in Section 63A-15-102; or(2)(b) for a private entity, the private entity's board of directors, managing members, partners, or equivalent body. See Utah Code 73-10g-501- Retail water supplier: means the same as that term is defined in Section 19-4-102. See Utah Code 73-10g-501
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- Water conservancy district: means the same as that term is defined in Section 73-10-32. See Utah Code 73-10g-501
- Water provider: means :
(5)(a) a retail water supplier; or(5)(b) a water conservancy district. See Utah Code 73-10g-501(2)(2)(a) The Drinking Water Board 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 retail water supplier.(2)(b) 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. - Governing body: means :