Utah Statutes

§ 63B-7-502 — Other capital facility authorizations and intent language.

Utah·Title 63B Bonds·Ch. 63B-7 1998 Bonding·Part 63B-7-5 Revenue Bond and Other Capital Facilities Authorizations
(1)(1)(a) It is the intent of the Legislature that if funding from General Obligation bonding is provided for construction of new facilities, the Division of Finance shall transfer any occupying agency funds that are currently being used for rent payments to the service fund for debt service on the bonds.
(1)(b) The Division of Finance may not transfer agency funds for operation and maintenance costs, which will continue to be incurred by the occupying agency.
(2)It is the intent of the Legislature that Utah State University use institutional funds to plan, design, and construct the American West Heritage Center under the direction of the director of the Division of Facilities Construction and Management unless supervisory authority has been delegated.
(3)It is the intent of the Legisla

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Utah § 63B-7-502 (Other capital facility authorizations and intent language.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Chapter 465, 2013 General Session

Nearby Sections

15
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