17B-1-1104. 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 district from providing its services and from the operation of its facilities and other properties;
Terms Used In Utah Code 17B-1-1104
facilities: includes any structure, building, system, land, water right, water, or other real or personal property required to provide a service that a special 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 17B-1-102
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 17B-1-102
Special district: means a limited purpose local government entity, as described in Section 17B-1-103, that operates under, is subject to, and has the powers described in:
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