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S.B. 162






Sponsor: Ron Allen

             7      LONG TITLE
             8      General Description:
             9          This bill modifies the list of projects authorized by the Legislature to be built or
             10      purchased from the proceeds of the 2004 General Obligation Bond.
             11      Highlighted Provisions:
             12          This bill:
             13          .    removes the monies earmarked in the 2004 General Obligation Bond Authorization
             14      for the Oxbow Jail purchase and authorizes USU to retire its Tooele lease; and
             15          .    exempts USU Tooele from the requirement that part of the funds be used for public
             16      art.
             17      Monies Appropriated in this Bill:
             18          None
             19      Other Special Clauses:
             20          None
             21      Utah Code Sections Affected:
             22      AMENDS:
             23          63B-13-101, as enacted by Chapter 310, Laws of Utah 2004
             25      Be it enacted by the Legislature of the state of Utah:
             26          Section 1. Section 63B-13-101 is amended to read:
             27           63B-13-101. Capital facilities bonds -- Maximum amount -- Projects authorized.

             28          (1) The total amount of bonds issued under this section may not exceed $87,400,000.
             29          (2) (a) Proceeds from the issuance of bonds shall be provided to the division to provide
             30      funds to pay all or part of the cost of acquiring and constructing the projects listed in this
             31      Subsection (2).
             32          (b) These costs may include the cost of acquiring land, interests in land, easements and
             33      rights-of-way, improving sites, and acquiring, constructing, equipping, and furnishing facilities
             34      and all structures, roads, parking facilities, utilities, and improvements necessary, incidental, or
             35      convenient to the facilities, interest estimated to accrue on these bonds during the period to be
             36      covered by construction of the projects plus a period of six months after the end of the
             37      construction period, and all related engineering, architectural, and legal fees.
             38          (c) For the division, proceeds shall be provided for the following:
             39      ------------------------------------------------------------------------------------------------------------ -------
             41                          Estimated        
             42                          Operations        Project
             43      Project                and            Amount
             44      Description                Maintenance        Funded
             45      ----------------------------         ----------------- ----------------
             46      State Capitol Remodel        $0            $50,000,000
             47      Weber State University -
             48      Swenson Building Remodel    $75,400        $5,569,000
             49      Salt Lake Community College -
             50      Health Sciences Building
             51      (West Jordan)            $762,000        $21,000,000
             52      Utah National Guard -
             53      North Salt Lake
             54      Readiness Center            $42,500        $2,719,000
             55      College of Eastern Utah
             56      San Juan Library            $127,200        $2,400,000
             57      [Oxbow Prison Purchase        $0            $4,800,000]

             58      Retirement of Lease - USU Tooele                $985,000

             59      TOTAL CAPITAL
             60      DEVELOPMENT
             61      PROJECTS                                $86,488,000        
             62      ------------------------------------------------------------------------------------------------------------ -------
             64      FOR CAPITAL DEVELOPMENT PROJECTS                 $86,488,000
             65      ------------------------------------------------------------------------------------------------------------ -------
             66          (d) For purposes of this section, operations and maintenance costs:
             67          (i) are estimates only;
             68          (ii) may include any operations and maintenance costs already funded in existing
             69      agency budgets; and
             70          (iii) are not commitments by this Legislature or future Legislatures to fund those
             71      operations and maintenance costs.
             72          (3) (a) The amounts funded as listed in Subsection (2) are estimates only and do not
             73      constitute a limitation on the amount that may be expended for any project.
             74          (b) The board may revise these estimates and redistribute the amount estimated for a
             75      project among the projects authorized.
             76          (c) The commission, by resolution and in consultation with the board, may delete one
             77      or more projects from this list if the inclusion of that project or those projects in the list could
             78      be construed to violate state law or federal law or regulation.
             79          (4) (a) The division may enter into agreements related to these projects before the
             80      receipt of proceeds of bonds issued under this chapter.
             81          (b) The division shall make those expenditures from unexpended and unencumbered
             82      building funds already appropriated to the Capital Projects Fund.
             83          (c) The division shall reimburse the Capital Projects Fund upon receipt of the proceeds
             84      of bonds issued under this chapter.
             85          (d) The state intends to use proceeds of tax-exempt bonds to reimburse itself for
             86      expenditures for costs of the projects listed in Subsection (2)(c).
             87          (5) It is the intent of the Legislature that:
             88          (a) the funding authorized for projects in Subsection (2) includes funds for public art,
             89      except for the following projects:

             90          (i) state capitol remodel;
             91          (ii) Utah National Guard North Salt Lake Readiness Center; and
             92          (iii) [Oxbow prison] Retirement of Lease - USU Tooele;
             93          (b) no state funds may be expended for the National Guard North Salt Lake Readiness
             94      Center project until the United States Congress appropriates monies for the project; and
             95          (c) the Bonding Commission may not issue bonds for the National Guard North Salt
             96      Lake Readiness Center project until the United States Congress appropriates monies for the
             97      project.

Legislative Review Note
    as of 1-27-05 6:20 PM

Based on a limited legal review, this legislation has not been determined to have a high
probability of being held unconstitutional.

Office of Legislative Research and General Counsel

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