§167-11  Rate policy; sale of excess water. The board of agriculture shall have the power to fix and adjust rates andcharges for the furnishing of irrigation or domestic water and for waterservice so that the revenues derived therefrom shall be sufficient to cover thecost of operation, maintenance, replacement, and debt service on revenue bondsin compliance with part III of chapter 39, and may make charges as may benecessary to cover the capital cost of the system or other costs incurred inconnection with the system.

Nothing in this chapter shall be construed toprevent the board from selling water to persons other than land occupiers andother consumers within a water project in the event and to the extent thatwater in excess of the needs of the land occupiers and other consumers may fromtime to time be available. [L 1987, c 306, pt of §1; am L 1995, c 139, §3]