Utah Statutes
§ 11-36a-602 — Expenditure of impact fees.
Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-36a Impact Fees Act·Part 11-36a-6 Impact Fee Proceeds
(1)A local political subdivision may expend impact fees only for a system improvement:
(1)(a) identified in the impact fee facilities plan; and
(1)(b) for the specific public facility type for which the fee was collected.
(2)(2)(a) Except as provided in Subsection (2)(b), a local political subdivision shall expend or encumber an impact fee collected with respect to a lot:
(2)(a)(i) for a permissible use; and
(2)(a)(ii) within six years after the impact fee with respect to that lot is collected.
(2)(b) A local political subdivision may hold the fees for longer than six years if it identifies, in writing:
(2)(b)(i) an extraordinary and compelling reason why the fees should be held longer than six years; and
(2)(b)(ii) an absolute date by which the fees will be expended.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 11-36a-602 (Expenditure of impact fees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 190, 2017 General Session
Nearby Sections
15
§ 11-1-4
Sinking fund -- Investment.§ 11-1-6
Violation of act a misdemeanor.§ 11-10-2
Qualifications of licensee.§ 11-10-3
License fee.§ 11-13-101
Title.§ 11-13-102
Purpose of chapter.§ 11-13-103
Definitions.