Terms Used In Utah Code > Title 63G > Chapter 10 > Part 4 - Department of Transportation Settlement Agreements

• Action settlement agreement: includes a stipulation, consent decree, settlement agreement, or any other legally binding document or representation that resolves a threatened or pending lawsuit between the state and another party by requiring the state to take legally binding action. See Utah Code 63G-10-102
• Appraisal: A determination of property value.
• Contract: A legal written agreement that becomes binding when signed.
• Financial settlement agreement: includes a stipulation, consent decree, settlement agreement, and any other legally binding document or representation that resolves a dispute between the state and another party exclusively by requiring the payment of money from one party to the other. See Utah Code 63G-10-102
• Government entities: means the state and its political subdivisions. See Utah Code 63G-10-102
• 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.
• Settlement agreement report: means a report that:

  (a)	states the total amount of the settlement;

  (b)	states the payer of the settlement;

  (c)	states the recipient of the payment;

  (d)	summarizes the circumstances related to the settlement; and

  (e)	contains a copy of the settlement agreement, unless the agreement is not permitted to be disclosed due to a court order or other legal requirement. See Utah Code 63G-10-102