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H.B. 210

             1     

HIGHER EDUCATION REVENUE BOND

             2     
2000 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Sponsor: Jeff Alexander

             5      AN ACT RELATING TO HIGHER EDUCATION; MODIFYING CERTAIN REVENUE BOND
             6      AUTHORIZATIONS; REPEALING OBSOLETE AUTHORIZATIONS; AND MAKING
             7      TECHNICAL CORRECTIONS.
             8      This act affects sections of Utah Code Annotated 1953 as follows:
             9      AMENDS:
             10          53B-22-106, as enacted by Chapter 32, Laws of Utah 1991
             11      REPEALS:
             12          53B-22-101, as enacted by Chapter 15, Laws of Utah 1987, First Special Session
             13          53B-22-102, as last amended by Chapter 332, Laws of Utah 1995
             14          53B-22-103, as enacted by Chapter 32, Laws of Utah 1991
             15          53B-22-105, as enacted by Chapter 32, Laws of Utah 1991
             16          53B-22-107, as enacted by Chapter 32, Laws of Utah 1991
             17          53B-22-108, as enacted by Chapter 177, Laws of Utah 1992
             18          53B-22-109, as last amended by Chapter 209, Laws of Utah 1994
             19          53B-22-110, as enacted by Chapter 209, Laws of Utah 1994
             20          53B-22-111, as enacted by Chapter 209, Laws of Utah 1994
             21          53B-22-112, as enacted by Chapter 332, Laws of Utah 1995
             22          53B-22-113, as enacted by Chapter 332, Laws of Utah 1995
             23          53B-22-114, as enacted by Chapter 332, Laws of Utah 1995
             24      Be it enacted by the Legislature of the state of Utah:
             25          Section 1. Section 53B-22-106 is amended to read:
             26           53B-22-106. Utah Valley State College revenue bonds -- Student center addition.
             27          (1) The State Board of Regents, on behalf of Utah Valley [Community] State College, may


             28      issue, sell, and deliver revenue bonds or other evidences of indebtedness of Utah Valley
             29      [Community] State College to borrow money on the credit of the income and revenues of Utah
             30      Valley [Community] State College, other than appropriations of the Legislature, to finance the cost
             31      of constructing, furnishing, and equipping a student center addition.
             32          (2) The bonds or other evidences of indebtedness authorized by this section may not
             33      exceed [$4,400,000] $13,500,000 and shall be issued in accordance with Title 53B, Chapter 21,
             34      Revenue Bonds, under such terms and conditions and in such amounts as the board, by resolution,
             35      determines are reasonable and necessary.
             36          Section 2. Repealer.
             37          This act repeals:
             38          Section 53B-22-101, University of Utah revenue bonds -- Utility submetering devices
             39      at student housing.
             40          Section 53B-22-102, Utah State University revenue bonds -- Student family housing
             41      and Human Resource Research Center.
             42          Section 53B-22-103, Weber State University revenue bonds -- Student services
             43      building.
             44          Section 53B-22-105, Dixie College revenue bonds -- Student center building.
             45          Section 53B-22-107, Salt Lake Community College revenue bonds --
             46      Classroom/physical education facility.
             47          Section 53B-22-108, Utah State University revenue bonds -- PBX telephone switch.
             48          Section 53B-22-109, Salt Lake Community College revenue bonds -- Science/major
             49      industry building.
             50          Section 53B-22-110, Snow College revenue bonds -- Administration-student center.
             51          Section 53B-22-111, Southern Utah University revenue bonds -- Stadium expansion.
             52          Section 53B-22-112, University of Utah revenue bonds -- Biology research building.
             53          Section 53B-22-113, University of Utah revenue bonds -- Robert L. Rice Stadium
             54      renovation and expansion.
             55          Section 53B-22-114, College of Eastern Utah revenue bonds -- Student center.





Legislative Review Note
    as of 1-5-00 10:41 AM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


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