Utah Statutes

§ 63B-10-301 — Revenue bond authorizations.

Utah·Title 63B Bonds·Ch. 63B-10 2001 Bonding·Part 63B-10-3 Revenue Bond Authorization
(1)(1)(a) It is the intent of the Legislature that the State Building Ownership Authority, under the authority of Title 63B, Chapter 1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or enter into or arrange for a lease purchase agreement in which participation interests may be created, to provide up to $8,281,000 for the construction of an expansion of the Department of Alcoholic Beverage Services warehouse together with additional amounts necessary to pay costs of issuance, pay capitalized interest, and fund any debt service reserve requirements.
(1)(b) It is the intent of the Legislature that enhanced revenues of the Department of Alcoholic Beverage Services be used as the primary revenue source for repayment of any obligation created under authority

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Utah § 63B-10-301 (Revenue bond authorizations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Chapter 390, 2025 General Session

Nearby Sections

15
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