Laserfiche WebLink
<br />2" ;.~c ...,-' <br />':'-';'l: <br /> <br />WATER SUPPLY BANK <br /> <br />IDAPA 37.02.03 <br /> <br />by section 42-1763A, Idaho Code. <br /> <br />(07-01-93) <br /> <br />04. All applications received on or prior to the announced <br />date for receiving applications shall be considered as having been <br />received at the same time. Applications received after the close <br />of the application date may be considered only if sufficient <br />available water remains in the Board's water supply bank after all <br />acceptable, timely applications have been filed. (07-01-93) <br /> <br />05. The Director is authorized to rent water rights offered <br />by the Board from the Board's water supply bank for a period up to <br />five (5) years, but shall submit applications for purchase, or <br />rental for a period of more than five (5) years to the Board for <br />action. The Director will advise the Board on applications which <br />require Board approval under Rule 25.06. whether he can approve <br />the application in whole or in part or with conditions to comply <br />with section 42-1763, Idaho Code. (07-01-93) <br /> <br />06. The Board will review applications for purchase or which <br />propose the rental of water rights for a duration of more than five <br />years, and may approve, approve with conditions or may reject the <br />applications as the Board determines to best meet the purposes of <br />Rule 1 and promote the interest of the people of the state of <br />Idaho. (07-01-93) <br /> <br />07. When renting water from the bank, the Director and the <br />Board shall consider rental of water rights in the order the rights <br />were leased to the bank, with first consideration for the rights <br />which have continuously been in the bank the longest period of time <br />provided the rights are suitable for the purpose of the renter. <br />(07-01-93) <br /> <br />031. -- 034. <br /> <br />(RESERVED). <br /> <br />035. HANDLING OF MONEY ASSOCIATED WITH THE BOARD'S WATER SUPPLY <br />BANK (Rule 35). Payments received by the department from the <br />sale or rental of water rights from the Board's water supply bank <br />shall be handled as follows: (07-01-93) <br /> <br />01. Ten percent (10%) of the gross amount received from the <br />sale or rental of a water right from the Board's water supply bank <br />shall be credited to the Water Administration Account created by <br />Section 42-238a, Idaho Code, for administrative costs of operating <br />the Water Supply Bank. (07-01-93) <br /> <br />02. Any funds in excess of the amount needed to compensate <br />the owner of the water right in accordance with the resolution <br />accepting the water right into the Board's water supply bank and <br />the administrative charge of Rule 35.01. shall be credited to the <br />Water Management Account created by section 42-1760, Idaho Code, <br /> <br />- 7 - <br />