Utah Code 11-30-3. Petition to establish validity of bonds — Contents — Court action
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(1) | A public body may, at any time after it has authorized the issuance of bonds for other than a project financing involving more than one series of bonds to finance such project or at any time after it has authorized the issuance of the first series of bonds to finance a project in more than one series, but before the issuance and delivery of any such bonds or such first series of bonds, as the case may be, file a petition to establish the validity of such bonds. |
(a) | a public body's authority to issue and deliver the bonds; |
(b) | any ordinance, resolution, or statute granting the public body authority to issue and deliver the bonds; |
(c) | all proceedings, elections, if any, and any other actions taken or to be taken in connection with the issuance, sale, or delivery of the bonds; |
(d) | the purpose, location, or manner of the expenditure of funds; |
(e) | the organization or boundaries of the public body; |
(f) | any assessments, taxes, rates, rentals, fees, charges, or tolls levied or that may be levied in connection with the bonds; |
(g) | any lien, proceeding, or other remedy for the collection of those assessments, taxes, rates, rentals, fees, charges, or tolls; |
(h) | any contract or lease executed or to be executed in connection with the bonds; |
(i) | the pledge of any taxes, revenues, receipts, rentals, or property, or encumbrance thereon or security interest therein to secure the bonds; and |
(j) | any covenants or provisions contained in or to be contained in the bonds. See Utah Code 11-30-2 |
(2) | The petition shall be filed in the district court of the county in which the public body maintains its principal office, and shall name as defendants all taxpayers, property owners, citizens of the public body, including nonresidents owning property or subject to taxation therein, all other persons having or claiming any right, title, or interest in any property or funds affected by or to be affected by the bonds, all parties to any contract or instrument which is part of the validation proceedings, and, pursuant to Section 11-30-6, either the attorney general or the county attorney of the county in which the largest expenditure of proceeds of the bonds is expected to be made. |
(4) | The petitioner may set forth any additional information with respect to such bonds and any questions of law or fact concerning the validity of the bonds that the petitioner desires the court to adjudicate separately in rendering its judgment, as well as those allegations of law or fact necessary to its consideration. |
(5) | The petitioner shall then petition the court to render judgment affirming the validity of the bonds and to pass upon any questions for separate adjudication set forth in the petition. Any petitioner may amend or supplement the petition at any time on or before the hearing, but not thereafter without permission of the court. |
(6) | No amendment or supplement may require republication of the order unless there has been a change in the issuer or there has been a substantial change in the use of the proceeds or the manner of repayment of the bonds. |
Enacted by Chapter 197, 1987 General Session