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Bonds | |
2009 Bonding and Financing Authorizations | |
Section 302 | Authorizations to lease or dispose of property. |
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63B-18-302. Authorizations to lease or dispose of property. (1) The Legislature intends that: (a) the Division of Facilities Construction and Management, acting in coordination with the Utah State Fair Corporation, may negotiate with the Utah Transit Authority for a long-term lease of land, or a license for long-term use of land, to the Utah Transit Authority at the State Fairpark; and (b) before entering into a contract with the Utah Transit Authority, the division shall: (i) obtain the approval of the State Building Board; and (ii) the State Building Board may approve the agreement only if the division demonstrates that the contract terms agree with Section 63A-5-306 and will be a benefit to the state. (2) The Legislature intends that: (a) the Department of Workforce Services may, in coordination with the Division of Facilities Construction and Management, sell a Temporary Placement Office in Salt Lake City, Utah, and three vacated buildings in Logan, Utah; and (b) sales shall be at fair market value.
Enacted by Chapter 134, 2009 General Session |
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