Utah Code 17D-1-504. Pledge of revenues to pay for bonds

Bonds may be payable from and secured by the pledge of all or any specified part of:

(1)	the revenues to be derived by the special service district from providing its services and from the operation of its facilities and other properties;

facilities: includes any structure, building, system, land, water right, water, or other real or personal property required to provide a service that a special service district is authorized to provide, including any related or appurtenant easement or right-of-way, improvement, utility, landscaping, sidewalk, road, curb, gutter, equipment, or furnishing. See Utah Code 17D-1-102
Property: includes both real and personal property. See Utah Code 68-3-12.5
Special assessment: means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property. See Utah Code 17D-1-102
Special service district: means a limited purpose local government entity, as described in Section 17D-1-103, that:

(a)	is created under authority of the Utah Constitution Article XI, Section 7; and

(b)	operates under, is subject to, and has the powers set forth in this chapter. See Utah Code 17D-1-102 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2)	sales and use taxes, property taxes, and other taxes;

(3)	federal, state, or local grants;

(4)	in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and

(5)	other money legally available to the special service district.

Enacted by Chapter 360, 2008 General Session