(d) | for a special service district, the special service district's governing body, as defined in Section 17D-1-102. See Utah Code 17D-2-102Local entity: means a county, city, town, school district, special district, or special service district. See Utah Code 17D-2-102 |
(2) |
A creating local entity’s governing body may not dissolve a local building authority unless:
(a) |
(i) |
the principal, interest, and any redemption premium on all outstanding bonds of the local building authority are paid in full; and |
(ii) |
all other obligations of the local building authority are paid in full; or |
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(b) |
the local building authority has made provision for the payment, when due, of all bond and other obligations described in Subsection (2)(a). |
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