Utah Statutes
§ 63N-3-1402 — Project area.
Utah·Title 63N Economic Opportunity Act·Ch. 63N-3 Economic Development Programs·Part 63N-3-14 Capital City Revitalization Zone
(1)A local government may, according to the requirements and procedures of this part, create a project area for the use of revenue authorized under Section 59-12-402.5, which revenue shall be used only for the allowed purposes under Section 63N-3-1403.
(2)A project area created under this part shall:
(2)(a) be located entirely within the boundaries of the local government;
(2)(b) be no greater than 100 acres in area;
(2)(c) be roughly centered around, and include the entire property footprint of a currently existing qualified stadium;
(2)(d) include the entire property footprint of any qualified stadium that is planned to be built;
(2)(e) be contiguous; and
(2)(f) have boundaries that are reasonably compact in relation to their distance from the currently existing qualified stadium.
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Legislative History
Enacted by Chapter 436, 2024 General Session
Nearby Sections
15
§ 63N-13-101
Title -- Projects to assist companies to secure new business with federal, state, and local governments.§ 63N-13-301
Title.§ 63N-13-302
Definitions.§ 63N-13-303
Contract with facilitator.§ 63N-13-304
Functions and responsibilities of facilitator.§ 63N-13-305
Office oversight over contract performance of facilitator -- Office reports to Legislature.§ 63N-16-102
Definitions.§ 63N-16-104
Creation and duties of advisory committee.§ 63N-16-105
Annual report.§ 63N-16-202
Scope of the regulatory sandbox.§ 63N-16-203
Consumer protection for regulatory sandbox.§ 63N-16-204
Requirements for exiting regulatory sandbox.