Utah § 17C-4-204 Adoption of a budget for a community development project area plan -- Amendment.

Utah Statutes

§ 17C-4-204 — Adoption of a budget for a community development project area plan -- Amendment.

Utah § 17C-4-204

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

Ch. 17C-4Community Development

Part 17C-4-2Funds for Community Development Project from Other Entities

This text of Utah § 17C-4-204 (Adoption of a budget for a community development project area plan -- Amendment.) 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-4-204 (2026).

Text

(1)An agency may prepare and, by resolution adopted at a regular or special meeting of the board, adopt a community development project area budget setting forth:

(1)(a) the anticipated costs, including administrative costs, of implementing the community development project area plan; and

(1)(b) the tax increment, sales and use tax revenue, and other revenue the agency anticipates receiving to fund the project.

(2)An agency may, by resolution adopted at a regular or special meeting of the board, amend a budget adopted under Subsection (1).

(3)Each resolution to adopt or amend a budget under this section shall appear as an item on the agenda for the regular or special board meeting at which the resolution is adopted without additional required notice.

(4)An agency is not required to ob

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(1) An agency may prepare and, by resolution adopted at a regular or special meeting of the board, adopt a community development project area budget setting forth:

(1)(a) the anticipated costs, including administrative costs, of implementing the community development project area plan; and
(1)(b) the tax increment, sales and use tax revenue, and other revenue the agency anticipates receiving to fund the project.
(2) An agency may, by resolution adopted at a regular or special meeting of the board, amend a budget adopted under Subsection (1).
(3) Each resolution to adopt or amend a budget under this section shall appear as an item on the agenda for the regular or special board meeting at which the resolution is adopted without additional required notice.
(4) An agency is not required to obtain taxing entity or taxing entity committee approval to adopt or amend a community development project area budget.