Section R12-15-725.01. Pinal AMA – Extinguishment Credits Calcu- lation  


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  • The Director shall calculate the extinguishment credits for the extinguishment of a grandfathered right in the Pinal AMA as fol- lows:

    1.        For the extinguishment of a type 2 non-irrigation grandfa- thered right, multiply the number of acre-feet indicated on the certificate by the applicable allocation factor as determined under subsection (A)(3) or (A)(4) of this Sec- tion.

    2.        For the extinguishment of all or part of an irrigation grandfathered right, or all or part of a type 1 non-irriga- tion grandfathered right, an amount calculated by multi- plying 1.5 acre-feet by the number of irrigation acres associated with the extinguished irrigation grandfathered right or the number of acres to which the extinguished type 1 non-irrigation grandfathered right is appurtenant, and then multiply that product by the applicable alloca- tion factor as determined under subsection (A)(3) or (A)(4) of this Section, except that:

    a.         If only a portion of an irrigation grandfathered right or a type 1 non-irrigation grandfathered right is extinguished, the Director shall include in the calcu- lation only those acres associated with the portion of the right that is extinguished; and

    b.        If an extinguished irrigation grandfathered right has a debit balance in the corresponding flexibility account established under A.R.S. § 45-467, the Director shall subtract the amount of the debit from the amount of the extinguishment credits.

    3.       

    Year

    Allocation Factor

    2010

    100

      

     
    Except as provided in subsection (A)(4) of this Section, in calculating the extinguishment credits for the extin- guishment of a grandfathered right under subsection (A)(1) or (A)(2) of this Section, the Director shall use the allocation factor associated with the year in which the grandfathered right is extinguished, as shown in the table below.

    2011

    100

    2012

    100

    2013

    100

    2014

    100

    2015

    100

    2016

    100

    2017

    100

    2018

    100

    2019

    94

    2020

    88

    2021

    82

    2022

    76

    2023

    74

    2024

    72

    2025

    70

    2026

    68

    2027

    66

    2028

    64

    2029

    62

    2030

    60

    2031

    58

    2032

    56

    2033

    54

    2034

    52

    2035

    50

    2036

    48

    2037

    46

    2038

    44

    2039

    42

    2040

    40

    2041

    38

    2042

    36

    2043

    34

    2044

    32

    2045

    30

    2046

    28

    2047

    26

    2048

    24

    2049

    22

    2050

    20

    2051

    18

    2052

    16

    2053

    14

    2054

    12

    2055

    10

    2056

    8

    2057

    6

    2058

    4

    2059

    2

    After 2059

    0

    4.        If, before January 1, 2060, there is a moratorium on add- ing new member lands and member service areas in the Pinal AMA pursuant to A.R.S. § 45-576.06(A), in calcu- lating the extinguishment credits for the extinguishment of a grandfathered right under subsection (A)(1) or (A)(2) of this Section, the Director shall use an allocation factor determined as follows:

    a.         If the grandfathered right is extinguished while the moratorium is in effect, the Director shall use the allocation factor associated with the year in which the moratorium first became effective, as shown in the table in subsection (A)(3) of this Section.

    b.        If the grandfathered right is extinguished when the moratorium is no longer in effect, the Director shall use the allocation factor associated with the year determined pursuant to this subsection, as shown in the table in subsection (A)(3) of this Section. The Director shall determine the year as follows:

    i.         Subtract the year in which the moratorium first became effective from the year in which the moratorium ended.

    ii.        Subtract the difference in subsection (A)(4)(b)(i) of this Section from the year in which the grandfathered right was extin- guished.

Historical Note

New Section made by final rulemaking at 19 A.A.R. 4174, effective December 3, 2013; with automatic repeal

date of September 15, 2014 (Supp. 13-4). Section amended with automatic repeal, removed by final rulemaking at 20 A.A.R. 2673; effective September 12,

2014 (Supp. 14-3).