Terms Used In Utah Code > Title 38 > Chapter 12 - Notice of Lien Filing

• Agency funds: means money that an agency collects or receives for agency operations, implementing a project area plan or an implementation plan as defined in Section 17C-1-1001, or other agency purposes, including:

  (a)	project area funds;

  (b)	income, proceeds, revenue, or property derived from or held in connection with the agency's undertaking and implementation of project area development or agency-wide project development as defined in Section 17C-1-1001;

  (c)	a contribution, loan, grant, or other financial assistance from any public or private source;

  (d)	project area incremental revenue as defined in Section 17C-1-1001; or

  (e)

  property tax revenue as defined in Section 17C-1-1001. See Utah Code 17C-1-102 Board: means the governing body of an agency, as described in Section 17C-1-203. See Utah Code 17C-1-102 Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action. Community: means a county or municipality. See Utah Code 17C-1-102 Community legislative body: means the legislative body of the community that created the agency. See Utah Code 17C-1-102 community reinvestment agency: means a separate body corporate and politic, created under Section 17C-1-201. See Utah Code 17C-1-102 Contract: A legal written agreement that becomes binding when signed. Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries. Deed: The legal instrument used to transfer title in real property from one person to another. Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value. Land: includes :Utah Code 68-3-12.5 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 Lien: A claim against real or personal property in satisfaction of a debt. Mortgage: The written agreement pledging property to a creditor as collateral for a loan. 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. Project area: means the geographic area described in a project area plan within which the project area development described in the project area plan takes place or is proposed to take place. See Utah Code 17C-1-102 Project area development: means activity within a project area that, as determined by the board, encourages, promotes, or provides development or redevelopment for the purpose of implementing a project area plan, including: (a)  promoting, creating, or retaining public or private jobs within the state or a community; (b)  providing office, manufacturing, warehousing, distribution, parking, or other facilities or improvements; (c)  planning, designing, demolishing, clearing, constructing, rehabilitating, or remediating environmental issues; (d)  providing residential, commercial, industrial, public, or other structures or spaces, including recreational and other facilities incidental or appurtenant to the structures or spaces; (e)  altering, improving, modernizing, demolishing, reconstructing, or rehabilitating existing structures; (f)  providing open space, including streets or other public grounds or space around buildings; (g)  providing public or private buildings, infrastructure, structures, or improvements; (h)  relocating a business; (i)  improving public or private recreation areas or other public grounds; (j)  eliminating a development impediment or the causes of a development impediment; (k)  redevelopment as defined under the law in effect before May 1, 2006; or (l)  any activity described in this Subsection (48) outside of a project area that the board determines to be a benefit to the project area. See Utah Code 17C-1-102 Project area plan: means an urban renewal project area plan, an economic development project area plan, a community development project area plan, or a community reinvestment project area plan that, after the project area plan's effective date, guides and controls the project area development. See Utah Code 17C-1-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 Property tax: includes a privilege tax imposed under Title 59, Chapter 4, Privilege Tax. See Utah Code 17C-1-102 Public entity: means : (a)  the United States, including an agency of the United States; (b)  the state, including any of the state's departments or agencies; or (c)  a political subdivision of the state, including a county, municipality, school district, special district, special service district, community reinvestment agency, or interlocal cooperation entity. See Utah Code 17C-1-102 Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims. 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 Statute: A law passed by a legislature. Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC