Sec. 7. Except as provided in section 8 of this chapter, a contract for the sale of water on a unit pricing basis that was entered into under this chapter before July 1, 1991, is binding upon the commission. However, notwithstanding the terms of the contract, the rate of compensation for water sold under the contract on a unit pricing basis is thirty-three dollars ($33) per one million (1,000,000) gallons of water.
[Pre-1995 Recodification Citation: 13-2-1-7(e).]
As added by P.L.1-1995, SEC.18.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 25. Water Rights and Resources
Chapter 2. Minimum Stream Flow and Water Sale Contracts
14-25-2-1. Provision of Minimum Stream Flow; Sale of Water
14-25-2-2. Contracts on Unit Pricing Basis
14-25-2-3. Rate of Compensation
14-25-2-4. Water Resources Development Fund
14-25-2-6. Employment of Personnel
14-25-2-7. Contracts Entered Into Before July 1, 1991, Binding
14-25-2-8. Primary Source of Water; Compensation Not Required
14-25-2-9. Primary Source of Water; Contracts Entered Into Before July 1, 1991, Binding
14-25-2-10. Primary Source of Water; Contracts on Measured Basis