Utah Statutes

§ 63B-3-301 — Legislative intent -- Additional projects.

Utah·Title 63B Bonds·Ch. 63B-3 1994 Bonding·Part 63B-3-3 Legislative Intent
(1)It is the intent of the Legislature that, for any lease purchase agreement that the Legislature may authorize the Division of Facilities Construction and Management to enter into during its 1994 Annual General Session, the State Building Ownership Authority, at the reasonable rates and amounts it may determine, and with technical assistance from the state treasurer, the director of the Division of Finance, and the executive director of the Governor's Office of Planning and Budget, may seek out the most cost effective and prudent lease purchase plans available to the state and may, pursuant to Chapter 1, Part 3, State Building Ownership Authority Act, certificate out interests in, or obligations of the authority pertaining to:
(1)(a) the lease purchase obligation; or
(1)(b) lease rental

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Legislative History

Amended by Chapter 240, 2024 General Session

Nearby Sections

15
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