Utah § 17C-2-206 Amending an urban renewal project area budget.

Utah Statutes

§ 17C-2-206 — Amending an urban renewal project area budget.

Utah § 17C-2-206

Title 17CLimited Purpose Local Government Entities - Community Reinvestment Agency Act

Ch. 17C-2Urban Renewal

Part 17C-2-2Urban Renewal Project Area Budget

This text of Utah § 17C-2-206 (Amending an urban renewal project area budget.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 17C-2-206 (2026).

Text

(1)Except as provided in Section 17C-1-1002, an agency may by resolution amend an urban renewal project area budget as provided in this section.

(2)To amend an adopted urban renewal project area budget, the agency shall:

(2)(a) advertise and hold one public hearing on the proposed amendment as provided in Subsection (3);

(2)(b) if approval of the taxing entity committee was required for adoption of the original project area budget, obtain the approval of the taxing entity committee to the same extent that the agency was required to obtain the consent of the taxing entity committee for the project area budget as originally adopted;

(2)(c) if approval of the taxing entity committee is required under Subsection (2)(b), obtain a written certification, signed by an attorney licensed to pract

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(1) Except as provided in Section 17C-1-1002, an agency may by resolution amend an urban renewal project area budget as provided in this section.
(2) To amend an adopted urban renewal project area budget, the agency shall:

(2)(a) advertise and hold one public hearing on the proposed amendment as provided in Subsection (3);
(2)(b) if approval of the taxing entity committee was required for adoption of the original project area budget, obtain the approval of the taxing entity committee to the same extent that the agency was required to obtain the consent of the taxing entity committee for the project area budget as originally adopted;
(2)(c) if approval of the taxing entity committee is required under Subsection (2)(b), obtain a written certification, signed by an attorney licensed to practice law in this state, stating that the taxing entity committee followed the appropriate procedures to approve the project area budget; and
(2)(d) adopt a resolution amending the project area budget.
(3) The public hearing required under Subsection (2)(a) shall be conducted according to the procedures and requirements of Subsections 17C-2-201(2)(c) and (d), except that if the amended project area budget proposes that the agency be paid a greater proportion of tax increment from a project area than was to be paid under the previous project area budget, the notice shall state the percentage paid under the previous project area budget and the percentage proposed under the amended project area budget.
(4) If the removal of a parcel under Subsection 17C-2-110(4)(a)(ii) reduces the base taxable value of the project area, an agency may amend the project area budget to conform with the new base taxable value without:

(4)(a) complying with Subsections (2)(a) and (3); and
(4)(b) if applicable, obtaining taxing entity committee approval described in Subsection (2)(b).
(5) If a proposed amendment is not adopted, the agency shall continue to operate under the previously adopted project area budget without the proposed amendment.
(6) (6)(a) A person may contest the agency's adoption of a budget amendment within 30 days after the day on which the agency adopts the amendment.
(6)(b) A person who fails to contest a budget amendment under Subsection (6)(a):
(6)(b)(i) forfeits any claim against an agency's adoption of the amendment; and
(6)(b)(ii) may not contest:

(6)(b)(ii)(A) a distribution of tax increment to the agency under the budget amendment; or
(6)(b)(ii)(B) an agency's use of a tax increment under the budget amendment.