Sec 37-702. Application for selection of arid lands for irrigation projects or reclamation projects; proposal; deposit

A. Any person desiring to construct irrigation works or to reclaim lands under the provisions of this article shall file with the state land department an application for selection of the lands to be reclaimed. The application shall be accompanied by a proposal for complete reclamation of the lands so designated.

B. The proposal shall state:

1. The source and right of the water supply acquired or to be acquired.

2. The location and layout of the works constructed, in process of construction or proposed.

3. The maximum price and terms per acre at which perpetual water rights will be sold to settlers on the land to be reclaimed.

4. The maximum price per acre per annum for maintenance charges.

C. If the applicant is a corporation, the proposal shall state:

1. The purposes for which the corporation is organized.

2. The names and residences of its directors and officers.

3. The amount of its authorized and paid-up capital.

D. If applicant is not a corporation, the proposal shall set forth the names of the parties and such facts as will enable the commissioner to determine their financial ability to carry out the proposed enterprise.

E. A certified check in a reasonable sum required by the department, but not less than two hundred fifty dollars, shall accompany each proposal to be held as guaranty for the execution of the contract with the state in accordance with its terms, if the proposal is approved by the department.