Utah Statutes
§ 63B-23-301 — Lease-purchase authorizations.
Utah·Title 63B Bonds·Ch. 63B-23 2014 Bonding and Financing Authorizations·Part 63B-23-3 2014 Lease-purchase Authorizations
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 63B-23-301 (Lease-purchase authorizations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 113, 2014 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.