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<br />2(.... ('" ,,;.. <br />. (.v~) <br /> <br />WATER SUPPLY BANK <br /> <br />for use by the Board for the purposes of Rule 1. <br /> <br />IDAPA 37.02.03 <br />(07-01-93) <br /> <br />036. <br /> <br />039. <br /> <br />(RESERVED) . <br /> <br />040. APPOINTMENT OF LOCAL RENTAL POOL COMMITTEES (Rule 40). <br />(07-01-93) <br /> <br />01. The Board may at any regular or special meeting consider <br />appointing an entity to serve as a local committee to facilitate <br />the lease and rental of stored water. At least 10 days prior to <br />the meeting, the entity seeking appointment shall provide to the <br />Director information concerning the organization of the entity, a <br />listing of its officers, a copy of its bylaws and procedures, if <br />applicable, a copy of the proposed local committee procedures, <br />pursuant to which the local committee would facilitate the lease <br />and rental of stored water, together with a copy of each general <br />lease and rental form proposed to be used by the local committee. <br />The local committee procedures must be approved by the Board and <br />must provide for the following: (07-01-93) <br /> <br />a. Determination of priority among competing applicants to <br />lease stored water to the rental pool and to rent stored water from <br />the rental pool; (07-01-93) <br /> <br />b. Determination of the reimbursement schedule for those <br />leasing stored water into the rental pool; (07-01-93) <br /> <br />c. Determination of the rental price charge to those renting <br />stored water from the rental pool; (07-01-93) <br /> <br />d. Determination of the administrative charge to be assessed <br />by the local committee; (07-01-93) <br /> <br />e. <br />rented; <br /> <br />Allocation of stored water leased to the bank but not <br />(07-01-93) <br /> <br />f. Notification of the Department and the watermaster of any <br />rentals where stored water will be moved from the place of use <br />authorized by the permit, license, or decree establishing the <br />stored water right; (07-01-93) <br /> <br />g. Submittal of applications to rent water from the rental <br />pool for more than five (5) years to the Board for review and <br />approval as a condition of approval by the local committee; <br />(07-01-93) <br /> <br />h. Prevention of injury to other water rights; (07-01-93) <br /> <br />i. Protection of the local public interest, except for <br />applications submitted pursuant to the interim authority provided <br /> <br />- 8 - <br />