Utah § 63B-23-301 Lease-purchase authorizations.

Utah Statutes

§ 63B-23-301 — Lease-purchase authorizations.

Utah § 63B-23-301

Title 63BBonds

Ch. 63B-232014 Bonding and Financing Authorizations

Part 63B-23-32014 Lease-purchase Authorizations

This text of Utah § 63B-23-301 (Lease-purchase authorizations.) 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. § 63B-23-301 (2026).

Text

The Legislature intends that:

(1)the Mountainland Applied Technology Campus of the Utah College of Applied Technology, subject to requirements in Title 63A, Chapter 5b, Administration of State Facilities, use up to $10,683,000 of existing and institutional funds to enter into a lease-purchase agreement to plan, design, and construct a Technology Trades Building for the Mountainland Applied Technology College at the Lehi Campus with up to 40,500 square feet; and

(2)the college may not request state funds for operation and maintenance costs or capital improvements during the term of the lease-purchase agreement.

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The Legislature intends that:
(1) the Mountainland Applied Technology Campus of the Utah College of Applied Technology, subject to requirements in Title 63A, Chapter 5b, Administration of State Facilities, use up to $10,683,000 of existing and institutional funds to enter into a lease-purchase agreement to plan, design, and construct a Technology Trades Building for the Mountainland Applied Technology College at the Lehi Campus with up to 40,500 square feet; and
(2) the college may not request state funds for operation and maintenance costs or capital improvements during the term of the lease-purchase agreement.