Utah Statutes
§ 63H-1-503 — Use of municipal services revenue.
Utah·Title 63H Independent State Entities·Ch. 63H-1 Military Installation Development Authority Act·Part 63H-1-5 Authority Funds
(1)The authority may use municipal services revenue to pay for:
(1)(a) administrative, overhead, legal, and other operating expenses of the authority; and
(1)(b) municipal services within the project area from which the revenue was collected.
(2)Unless otherwise provided by agreement between the authority and each county and municipality levying a property tax on property within a project area, the authority shall distribute any remaining municipal services revenue equally among all counties and municipalities that levy a property tax on property within a project area.
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Legislative History
Enacted by Chapter 92, 2009 General Session
Nearby Sections
15
§ 63H-1-101
Title.§ 63H-1-102
Definitions.§ 63H-1-103
Severability.§ 63H-1-202
Applicability of other law.§ 63H-1-204
MIDA energy tax.§ 63H-1-205
MIDA accommodations tax.§ 63H-1-208
Former rail line.§ 63H-1-209
Immunity from contaminated property claims.§ 63H-1-301
Authority board -- Delegation of power.§ 63H-1-302
Number of board members -- Appointment.