Utah Admin. Code R653-14-1 - Purpose and Authority
(1) As a condition
to receiving federal or state financial assistance for improvement to capital
assets related to water infrastructure, Section
73-10g-502 requires water
conservancy districts with an annual operating budget of $5,000,000 or less to
commit to adopt a capital asset management plan.
(2) The purpose of this rule is to identify
and describe the elements of a capital asset management plan, as directed in
Section 73-10g-502.
(3) Water
conservancy districts with an annual operating budget over $5,000,000 are not
subject to this rule and shall instead comply with Section
17B-2a-1010.
Notes
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