Utah Statutes
§ 63B-1-311 — Cost of acquiring or constructing facility.
Utah·Title 63B Bonds·Ch. 63B-1 General Provisions·Part 63B-1-3 State Building Ownership Authority Act
The cost of acquiring or constructing any facility shall be considered to include the following:
(1)the actual cost of acquiring or improving real estate;
(2)the actual cost of enlarging, constructing, reconstructing, improving, replacing, restoring, renovating, maintaining, equipping, or furnishing all or any part of a facility, including architects' or engineers' fees; and
(3)all expenses connected with the authorization, sale, and issuance of the obligations to finance the acquisition or construction, including:
(3)(a) fees for outside attorneys or accountants whose opinions are required to secure the issuance of those obligations;
(3)(b) financial advisors' fees and commissions;
(3)(c) printing costs;
(3)(d) those amounts that the authority considers necessary to establish bond res
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Legislative History
Renumbered and Amended by Chapter 86, 2003 General Session
Nearby Sections
15
§ 63B-1-101
Definitions.§ 63B-1-201
Members -- Powers and duties -- Per diem.§ 63B-1-301
Title.§ 63B-1-302
Legislative findings.§ 63B-1-303
Definitions.§ 63B-1-305
Powers and duties of authority.§ 63B-1-309
Securing of obligations -- Provisions in mortgages given as security -- Procedure upon default.§ 63B-1-310
Proceeds from sale of obligations -- Use.§ 63B-1-311
Cost of acquiring or constructing facility.