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Bonds | |
1993 Bonding | |
Section 301 | Legislative intent -- Additional projects. |
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63B-2-301. Legislative intent -- Additional projects. It is the intent of the Legislature that: (1) The Department of Employment Security use money in the special administrative fund to plan, design, and construct a Davis County facility under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (2) The University of Utah may use donated funds to plan, design, and construct the Nora Eccles Harrison addition under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (3) The University of Utah may use hospital funds to plan, design, and construct the West Patient Services Building under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (4) The University of Utah may use federal funds to plan, design, and construct the Computational Science Building under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (5) The Board of Regents may issue revenue bonds to provide: (a) $6,700,000 to plan, design, and construct single student housing at Utah State University under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206; and (b) additional money necessary to: (i) pay costs incident to the issuance and sale of the bonds; (ii) pay interest on the bonds that accrues during construction and acquisition of the project and for up to one year after construction is completed; and (iii) fund any reserve requirements for the bonds. (6) Utah State University may use federal funds to plan, design, and construct the Natural Resources Lab addition under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (7) Utah State University may use funds derived from property sales to plan, design, and construct emergency relocation facilities for the Farmington Botanical Gardens under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (8) Utah State University may use institutional funds to plan, design, and construct an institutional residence for the president under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (9) Weber State University may use discretionary funds to construct a remodel and expansion of the stores building and mail service facilities under the supervision of the director of the Division of Facilities Construction and Management unless supervisory authority is delegated by him as authorized by Section 63A-5-206. (10) Weber State University may use fees and auxiliary revenue to plan, design, and
construct a remodel and expansion of the Shepherd Student Union Building under the
supervision of the director of the Division of Facilities Construction and Management unless
supervisory authority is delegated by him as authorized by Section 63A-5-206. (c) This intent statement for Subsection (17) constitutes a declaration of official intent under Section 1.103-18 of the U.S. Treasury Regulations.
Amended by Chapter 382, 2008 General Session |
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