Utah Code 10-7-16. Call for bids — Notice — Contents
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(1)
Terms Used In Utah Code 10-7-16
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Municipal: means of or relating to a municipality. See Utah Code 10-1-104
- Municipality: means :(5)(a) a city of the first class, city of the second class, city of the third class, city of the fourth class, city of the fifth class;(5)(b) a town, as classified in Section
10-2-301 ; or(5)(c) a preliminary municipality incorporated under Chapter 2a, Part 5, Incorporation of a Preliminary Municipality. See Utah Code 10-1-104- Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
- Property: includes both real and personal property. See Utah Code 68-3-12.5
(1)(a) Before holding an election under Subsection 10-7-15(1)(a)(ii), the municipal legislative body shall open to bid the sale or lease of the property mentioned in Section 10-7-15.(1)(b) The municipal legislative body shall publish notice of the bid process for the municipality, as a class A notice under Section 63G-30-102, for at least three consecutive weeks.(1)(c) The notice described in Subsection (1) shall:(1)(c)(i) give a general description of the property to be sold or leased;(1)(c)(ii) specify the time when sealed bids for the property, or for a lease on the property, will be received; and(1)(c)(iii) specify the time when and the place where the bids will be opened.
(2)
(2)(a) As used in this section and in Section 10-7-17, “responsible bidder” means an entity with a proven history of successful operation of an electrical generation and distribution system, or an equivalent proven history.
(2)(b) Subject to Subsection (2)(c), a municipal legislative body may receive or refuse to receive any bid submitted for the sale or lease of the electrical works and plant.
(2)(c) A municipal legislative body may not receive a bid unless the municipal legislative body determines that the bid is submitted by a responsible bidder.