Utah Code > Title 17 > Chapter 12 – Creating Bonded Indebtedness


§ 17-12-1	Authority and applicable procedure for issuance of bonds — Application of proceeds — Debt limit
§ 17-12-2	Bond elections — Consolidating voting districts and precincts — Voting places
§ 17-12-3	Additional purposes for which bonds may be issued — Joint ownership of facilities authorized
§ 17-12-4	Bond issue for auditoriums, etc., and “convention complex” facilities — Board of directors — Use of revenues from facilities — Rights of bondholders

Terms Used In Utah Code > Title 17 > Chapter 12 - Creating Bonded Indebtedness

Authority: means the State Fair Park Authority, created in Section 11-68-201. See Utah Code 11-68-101
Board: means the authority board, created in Section 11-68-301. See Utah Code 11-68-101
Contract: A legal written agreement that becomes binding when signed.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
County legislative body: means :Utah Code 68-3-12.5
Division: means the Division of Facilities Construction and Management created in Section 63A-5b-301. See Utah Code 11-68-101

Executive: when used to describe the powers, duties, or functions of a person or body elected as the county executive or a person appointed as the county manager or administrative officer, refers to:

(a)	the power and duty to carry laws and ordinances into effect and secure their due observance; and

(b)

those powers, duties, and functions that, under constitutional and statutory provisions and through long usage and accepted practice and custom at the federal and state level, have come to be regarded as belonging to the executive branch of government. See Utah Code 17-50-101

Executive director: means the executive director hired by the board under Section 11-68-302. See Utah Code 11-68-101

Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.

Fair park land: includes any land acquired by the authority under Subsection 11-68-201(6)(i). See Utah Code 11-68-101

Land: includes :Utah Code 68-3-12.5

Legislative: when used to describe the powers, duties, or functions of a county commission or council, refers to:

(a)	the power and duty to enact ordinances, levy taxes, and establish budgets; and

(b)

those powers, duties, and functions that, under constitutional and statutory provisions and through long usage and accepted practice and custom at the federal and state level, have come to be regarded as belonging to the legislative branch of government. See Utah Code 17-50-101

Person: means :Utah Code 68-3-12.5

Personal property: includes :Utah Code 68-3-12.5

Personal property: All property that is not real property.

Property: includes both real and personal property. See Utah Code 68-3-12.5

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

United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5