This document includes Senate 3rd Reading Floor Amendments incorporated into the bill on Wed, Mar 2, 2022 at 6:57 PM by lpoole.
Senator Chris H. Wilson proposes the following substitute bill:


1     
REVENUE BOND AND CAPITAL FACILITIES

2     
AMENDMENTS

3     
2022 GENERAL SESSION

4     
STATE OF UTAH

5     
Chief Sponsor: Douglas V. Sagers

6     
Senate Sponsor: Chris H. Wilson

7     

8     LONG TITLE
9     General Description:
10          This bill amends and enacts provisions relating to calendar year 2022 revenue bonds
11     and revenue for certain capital facility design and construction.
12     Highlighted Provisions:
13          This bill:
14          ▸     increases the amount of revenue bonds previously approved for construction of the
15     Impact-Epicenter building at the University of Utah;
16          ▸     increases the amount of obligations previously approved for reconstructing the Store
17     4: Foothill liquor store;
18          ▸     increases the amount of obligations previously approved for the downtown liquor
19     store relocation;
20          ▸     expresses the Legislature's intent relating to the Utah Board of Higher Education's
21     issuance, sale, and delivery of revenue bonds to finance:
22               •     the construction of the fourth wing of Kahlert Village at the University of Utah;
23               •     the construction of the West Valley Health and Community Center at the
24     University of Utah;
25               •     the construction of improvements to Maverik Stadium at Utah State University;
26               •     the construction of Campus View Suites Phase Three at Dixie State University;
27               •     the construction of a parking garage at Utah Valley University;
28               •     the construction of the Applied Sciences Building at the University of Utah;
29               •     the construction of the Mental Health Facility at the University of Utah;
30               •     the purchase, on behalf of Southern Utah University, of The Cottages at
31     Shakespeare Lane apartment complex and adjoining home; and
32               •     the construction of an indoor football practice facility at the University of Utah;
33          ▸     expresses the Legislature's intent relating to the State Building Ownership
34     Authority's issuance of obligations to finance:
35               •     a new state liquor store in Park City; and
36               •     a new state liquor store in St. George;
37          ▸     creates the State Store Land Acquisition and Building Construction Fund (fund);
38          ▸     authorizes uses for the fund; and
39          ▸     makes conforming changes.
40     Money Appropriated in this Bill:
41          None
42     Other Special Clauses:
43          This bill provides a coordination clause.
44     Utah Code Sections Affected:
45     AMENDS:
46          32B-2-307, as enacted by Laws of Utah 2018, Chapter 329
47          63B-28-101, as last amended by Laws of Utah 2020, Chapter 301
48          63B-29-101, as enacted by Laws of Utah 2019, Chapter 410
49          63B-31-201, as enacted by Laws of Utah 2021, Chapter 320
50          63B-31-202, as enacted by Laws of Utah 2021, Chapter 320
51     ENACTS:
52          63B-32-101, Utah Code Annotated 1953
53          63B-32-102, Utah Code Annotated 1953
54     Utah Code Sections Affected by Coordination Clause:
55          32B-2-307, as enacted by Laws of Utah 2018, Chapter 329
56     

57     Be it enacted by the Legislature of the state of Utah:
58          Section 1. Section 32B-2-307 is amended to read:
59          32B-2-307. State Store Land Acquisition and Building Construction Fund.
60          (1) As used in this section, "fund" means the State Store Land Acquisition and
61     Building Construction Fund created in this section.
62          [(1)] (2) There is created an enterprise fund known as the State Store Land Acquisition
63     and Building Construction Fund.
64          [(2)] (3) The [State Store Land Acquisition Fund] fund is funded from the following
65     sources:
66          (a) appropriations made to the [State Store Land Acquisition Fund] fund by the
67     Legislature; [and]
68          (b) in accordance with Subsection [(5)] (6)(a), proceeds from revenue bonds authorized
69     by Title 63B, Bonds[.];
70          (c) subject to Subsection (7)(b), repayments to the fund; and
71          (d) the interest described in Subsection (4).
72          (4) (a) The fund shall earn interest.
73          (b) Interest earned on the fund shall be deposited into the fund.
74          [(3)] (5) Subject to Subsection [(4)] (6), the department may use the money deposited
75     into the [State Store Land Acquisition Fund to purchase or lease property for new state stores.]
76     fund:
77          (a) for construction of new state stores, including to purchase or lease property; and
78          (b) for maintenance or renovation of existing state stores or facilities.
79          [(4)] (6) (a) Before the department spends or commits money from the [State Store
80     Land Acquisition Fund] fund, the department shall:
81          (i) present to the Infrastructure and General Government Appropriations Subcommittee
82     a description of how the department will spend the money[.]; and
83          (ii) if the department intends to spend or commit money from the fund for construction
84     of a new state store:
85          (A) receive approval from Ŝ→ [the state building board] DFCM ←Ŝ , created in Section
85a     63A-5b-201; and
86          (B) receive authorization in an appropriations act.
87          (b) Following a presentation described in Subsection [(4)(a)] (6)(a)(i), the
88     Infrastructure and General Government Appropriations Subcommittee shall recommend
89     whether the department spend the money in accordance with the department's presentation.
90          [(5) When the department uses money in the State Store Land Acquisition Fund to
91     purchase or lease property for a new state store]
92          (7) (a) If the department uses money in the fund for a purpose described in Subsection
93     (5), and subsequently issues a revenue bond for [the state store for which the department
94     purchased or leased the property] that purpose, the department shall repay the money [used to
95     purchase or lease the property] with proceeds from the revenue bond.
96          (b) If the department uses money from the fund for a purpose described in Subsection
97     (5), and subsequently uses, instead of issuing bonds, cash funding appropriated by the
98     Legislature to fund that purpose, the department shall reimburse the fund:
99          (i) with proceeds from liquor revenue in the Liquor Control Fund, created in Section
100     32B-2-301, on a long-term payment schedule set by the state treasurer; and
101          (ii) before the transfer described in Subsection 32B-2-301(7).
102          Section 2. Section 63B-28-101 is amended to read:
103          63B-28-101. Revenue bond authorizations -- State Building Ownership
104     Authority.
105          (1) The Legislature intends that:
106          (a) the State Building Ownership Authority, under the authority of [Title 63B,] Chapter
107     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
108     enter into or arrange for a lease-purchase agreement in which participation interests may be
109     created, to provide up to $5,451,800 for a Pleasant Grove or Lehi market area liquor store,
110     together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
111     and fund any existing debt service reserve requirements;
112          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
113     revenue source for repayment of any obligation created under authority of this Subsection (1);
114     and
115          (c) the Department of Alcoholic Beverage Control may request operation and
116     maintenance funding from sales revenues.
117          (2) The Legislature intends that:
118          (a) the State Building Ownership Authority, under the authority of [Title 63B,] Chapter
119     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
120     enter into or arrange for a lease-purchase agreement in which participation interests may be
121     created, to provide up to [$10,759,000] $12,859,000 for reconstructing the Store 4: Foothill
122     liquor store, together with additional amounts necessary to pay costs of issuance, pay
123     capitalized interest, and fund any existing debt service reserve requirements;
124          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
125     revenue source for repayment of any obligation created under authority of this Subsection (2);
126     and
127          (c) the Department of Alcoholic Beverage Control may request operation and
128     maintenance funding from sales revenues.
129          Section 3. Section 63B-29-101 is amended to read:
130          63B-29-101. Revenue bond authorizations -- State Building Ownership
131     Authority.
132          (1) The Legislature intends that:
133          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
134     State Building Ownership Authority Act, may issue or execute obligations, or may enter into or
135     arrange for a lease-purchase agreement in which participation interests may be created, to
136     provide up to [$10,091,100] $14,591,000 for the downtown liquor store relocation, together
137     with additional amounts necessary to pay costs of issuance, pay capitalized interest, and fund
138     any existing debt service reserve requirements;
139          (b) the Department of Alcoholic Beverage Control use sales revenue as the primary
140     revenue source for repayment of any obligation created under authority of this Subsection (1);
141     and
142          (c) the Department of Alcoholic Beverage Control may request operation and
143     maintenance funding from sales revenue.
144          (2) The Legislature intends that:
145          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
146     State Building Ownership Authority Act, may issue or execute obligations, or may enter into or
147     arrange for a lease-purchase agreement in which participation interests may be created, to
148     provide up to $14,000,000 for two liquor stores in the Taylorsville and West Valley City
149     market areas, together with additional amounts necessary to pay costs of issuance, pay
150     capitalized interest, and fund any existing debt service reserve requirements;
151          (b) the Department of Alcoholic Beverage Control use sales revenue as the primary
152     revenue source for repayment of any obligation created under authority of this Subsection (2);
153     and
154          (c) the Department of Alcoholic Beverage Control may request operation and
155     maintenance funding from sales revenue.
156          Section 4. Section 63B-31-201 is amended to read:
157          63B-31-201. Revenue bond authorizations -- Utah Board of Higher Education.
158          (1) The Legislature intends that:
159          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
160     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
161     Utah to borrow money on the credit, revenues, and reserves of the university, other than
162     appropriations of the Legislature, to finance the cost of constructing the West Village Graduate
163     and Family Student Housing;
164          (b) the University of Utah use student housing rental fees and other auxiliary revenue
165     as the primary revenue sources for repayment of any obligation created under authority of this
166     Subsection (1);
167          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
168     Subsection (1) may not exceed $125,800,000 for acquisition and construction proceeds,
169     together with other amounts necessary to pay costs of issuance, pay capitalized interest, and
170     fund any debt service reserve requirements;
171          (d) the university may plan, design, and construct the West Village Graduate and
172     Family Student Housing, subject to the requirements of Title 63A, Chapter 5b, Administration
173     of State Facilities; and
174          (e) the university may not request state funds for operation and maintenance costs or
175     capital improvements.
176          (2) The Legislature intends that:
177          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
178     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
179     Utah to borrow money on the credit, revenues, and reserves of the university, other than
180     appropriations of the Legislature, to finance the cost of constructing the Impact - Epicenter
181     building;
182          (b) the University of Utah use donations, student housing rental fees, and other
183     auxiliary revenue as the primary revenue sources for repayment of any obligation created under
184     authority of this Subsection (2);
185          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
186     Subsection (2) may not exceed [$85,700,000] $118,700,000 for acquisition and construction
187     proceeds, together with other amounts necessary to pay costs of issuance, pay capitalized
188     interest, and fund any debt service reserve requirements;
189          (d) the university may plan, design, and construct the Impact - Epicenter building,
190     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
191          (e) the university may not request state funds for operation and maintenance costs or
192     capital improvements.
193          (3) The Legislature intends that:
194          (a) the Utah Board of Higher Education, on behalf of Utah State University, may issue,
195     sell, and deliver revenue bonds or other evidences of indebtedness of Utah State University to
196     borrow money on the credit, revenues, and reserves of the university, other than appropriations
197     of the Legislature, to finance the cost of constructing an expansion of the Electric Vehicle and
198     Roadway building;
199          (b) Utah State University use research revenue, donations, and institutional funds as the
200     primary revenue sources for repayment of any obligation created under authority of this
201     Subsection (3);
202          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
203     Subsection (3) may not exceed $9,200,000 for acquisition and construction proceeds, together
204     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
205     debt service reserve requirements;
206          (d) the university may plan, design, and construct the expansion of the Electric Vehicle
207     and Roadway building, subject to the requirements of Title 63A, Chapter 5b, Administration of
208     State Facilities; and
209          (e) the university may not request state funds for operation and maintenance costs or
210     capital improvements.
211          (4) The Legislature intends that:
212          (a) the Utah Board of Higher Education, on behalf of Weber State University, may
213     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Weber State
214     University to borrow money on the credit, revenues, and reserves of the university, other than
215     appropriations of the Legislature, to finance the cost of constructing the Stewart Stadium east
216     bleachers;
217          (b) Weber State University use student fees and institutional funds as the primary
218     revenue sources for repayment of any obligation created under authority of this Subsection (4);
219          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
220     Subsection (4) may not exceed $4,000,000 for acquisition and construction proceeds, together
221     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
222     debt service reserve requirements;
223          (d) the university may plan, design, and construct the Stewart Stadium east bleachers,
224     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
225          (e) the university may not request additional state funds for operation and maintenance
226     costs or capital improvements.
227          (5) The Legislature intends that:
228          (a) the Utah Board of Higher Education, on behalf of Weber State University, may
229     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Weber State
230     University to borrow money on the credit, revenues, and reserves of the university, other than
231     appropriations of the Legislature, to finance the cost of constructing the Noorda Engineering
232     and Applied Science building;
233          (b) Weber State University use lease payments as the primary revenue sources for
234     repayment of any obligation created under authority of this Subsection (5);
235          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
236     Subsection (5) may not exceed $8,500,000 for acquisition and construction proceeds, together
237     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
238     debt service reserve requirements;
239          (d) the university may plan, design, and construct the Noorda Engineering and Applied
240     Science building, subject to the requirements of Title 63A, Chapter 5b, Administration of State
241     Facilities; and
242          (e) the university may not request additional state funds for operation and maintenance
243     costs or capital improvements.
244          Section 5. Section 63B-31-202 is amended to read:
245          63B-31-202. State Building Ownership Authority obligations for new state liquor
246     stores.
247          (1) The Legislature intends that:
248          (a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
249     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations or may
250     enter into or arrange for a lease-purchase agreement in which participation interests may be
251     created, to provide up to $11,725,700 for a Salt Lake City market area liquor store in
252     Sugarhouse, together with additional amounts necessary to pay costs of issuance, pay
253     capitalized interest, and fund any existing debt service reserve requirements;
254          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
255     revenue source for repayment of any obligation created under authority of this Subsection (1);
256          (c) the Department of Alcoholic Beverage Control may request operation and
257     maintenance funding from sales revenues; and
258          (d) the Department of Alcoholic Beverage Control use up to $5,000,000 to repay the
259     State Store Land Acquisition and Building Construction Fund under Section 32B-2-307.
260          (2) The Legislature intends that:
261          (a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
262     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations or may
263     enter into or arrange for a lease-purchase agreement in which participation interests may be
264     created, to provide up to $5,524,000 for a Salt Lake City area market liquor store in east Sandy,
265     together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
266     and fund any existing debt service reserve requirements;
267          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
268     revenue source for repayment of any obligation created under authority of this Subsection (2);
269     and
270          (c) the Department of Alcoholic Beverage Control may request operation and
271     maintenance funding from sales revenues.
272          Section 6. Section 63B-32-101 is enacted to read:
273     
CHAPTER 32. 2022 BONDING AND FINANCING AUTHORIZATIONS

274     
Part 1. 2022 Revenue Bond Authorizations

275          63B-32-101. Revenue bond authorizations -- Utah Board of Higher Education.
276          (1) The Legislature intends that:
277          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
278     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
279     Utah to borrow money on the credit, revenues, and reserves of the university, other than
280     appropriations of the Legislature, to finance the cost of constructing the fourth wing of Kahlert
281     Village;
282          (b) the University of Utah use student housing rental fees and other auxiliary revenues
283     as the primary revenue sources for repayment of any obligation created under authority of this
284     Subsection (1);
285          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
286     Subsection (1) may not exceed $47,600,000 for acquisition and construction proceeds, together
287     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
288     debt service reserve requirements;
289          (d) the university may plan, design, and construct the fourth wing of Kahlert Village
290     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
291          (e) the university may not request state funds for operation and maintenance costs or
292     capital improvements.
293          (2) The Legislature intends that:
294          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
295     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
296     Utah to borrow money on the credit, revenues, and reserves of the university, other than
297     appropriations of the Legislature, to finance the cost of constructing the West Valley Health
298     and Community Center;
299          (b) the University of Utah use clinical revenues and other non-state revenues of the
300     University of Utah Health Sciences as the primary revenue sources for repayment of any
301     obligation created under authority of this Subsection (2);
302          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
303     Subsection (2) may not exceed $400,000,000 for acquisition and construction proceeds,
304     together with other amounts necessary to pay costs of issuance, pay capitalized interest, and
305     fund any debt service reserve requirements;
306          (d) the university may plan, design, and construct the West Valley Health and
307     Community Center subject to the requirements of Title 63A, Chapter 5b, Administration of
308     State Facilities; and
309          (e) the university may not request state funds for operation and maintenance costs or
310     capital improvements.
311          (3) The Legislature intends that:
312          (a) the Utah Board of Higher Education, on behalf of Utah State University, may issue,
313     sell, and deliver revenue bonds or other evidences of indebtedness of Utah State University to
314     borrow money on the credit, revenues, and reserves of the university, other than appropriations
315     of the Legislature, to finance the cost of constructing improvements to Maverik Stadium;
316          (b) Utah State University use existing student fees as the primary revenue sources for
317     repayment of any obligation created under authority of this Subsection (3);
318          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
319     Subsection (3) may not exceed $7,000,000 for acquisition and construction proceeds, together
320     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
321     debt service reserve requirements;
322          (d) the university may plan, design, and construct improvements to Maverik Stadium
323     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
324          (e) the university may not request state funds for operation and maintenance costs or
325     capital improvements.
326          (4) The Legislature intends that:
327          (a) the Utah Board of Higher Education, on behalf of Dixie State University, may
328     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Dixie State
329     University to borrow money on the credit, revenues, and reserves of the university, other than
330     appropriations of the Legislature, to finance the cost of constructing Campus View Suites
331     Phase Three;
332          (b) Dixie State University use student housing rental fees and other auxiliary revenues
333     as the primary revenue sources for repayment of any obligation created under authority of this
334     Subsection (4);
335          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
336     Subsection (4) may not exceed $62,500,000 for acquisition and construction proceeds, together
337     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
338     debt service reserve requirements;
339          (d) the university may plan, design, and construct Campus View Suites Phase Three
340     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
341          (e) the university may not request additional state funds for operation and maintenance
342     costs or capital improvements.
343          (5) The Legislature intends that:
344          (a) the Utah Board of Higher Education, on behalf of Utah Valley University, may
345     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Utah Valley
346     University to borrow money on the credit, revenues, and reserves of the university, other than
347     appropriations of the Legislature, to finance the cost of constructing a parking garage;
348          (b) Utah Valley University use parking fees and other auxiliary revenues as the primary
349     revenue sources for repayment of any obligation created under authority of this Subsection (5);
350          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
351     Subsection (5) may not exceed $12,000,000 for acquisition and construction proceeds, together
352     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
353     debt service reserve requirements;
354          (d) the university may plan, design, and construct a parking garage subject to the
355     requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
356          (e) the university may not request additional state funds for operation and maintenance
357     costs or capital improvements.
358          (6) The Legislature intends that:
359          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
360     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
361     Utah to borrow money on the credit, revenues, and reserves of the university, other than
362     appropriations of the Legislature, to finance the University's share of the cost of constructing
363     the Applied Sciences Building;
364          (b) the University of Utah use donations and University funds as the primary revenue
365     sources for repayment of any obligation created under authority of this Subsection (6); and
366          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
367     Subsection (6) may not exceed $25,000,000 for acquisition and construction proceeds, together
368     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
369     debt service reserve requirements.
370          (7) The Legislature intends that:
371          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
372     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
373     Utah to borrow money on the credit, revenues, and reserves of the university, other than
374     appropriations of the Legislature, to finance the University's share of the cost of constructing a
375     Mental Health Facility;
376          (b) the University of Utah use donations as the primary revenue sources for repayment
377     of any obligation created under authority of this Subsection (7); and
378          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
379     Subsection (7) may not exceed $65,000,000 for acquisition and construction proceeds, together
380     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
381     debt service reserve requirements.
382          (8) The Legislature intends that:
383          (a) the Utah Board of Higher Education, on behalf of Southern Utah University, may
384     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Southern Utah
385     University to borrow money on the credit, revenues, and reserves of the university, other than
386     appropriations of the Legislature, to finance the cost of purchasing The Cottages at
387     Shakespeare Lane apartment complex and adjoining home;
388          (b) Southern Utah University use donations, student housing rental fees, and other
389     auxiliary revenues as the primary revenue sources for repayment of any obligation created
390     under authority of this Subsection (8);
391          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
392     Subsection (8) may not exceed $12,000,000 for acquisition proceeds, together with other
393     amounts necessary to pay costs of issuance, pay capitalized interest, and fund any debt service
394     reserve requirements; and
395          (d) the university may not request state funds for operation and maintenance costs or
396     capital improvements.
397          (9) The Legislature intends that:
398          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
399     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
400     Utah to borrow money on the credit, revenues, and reserves of the university, other than
401     appropriations of the Legislature, to finance the cost of constructing an indoor football practice
402     facility;
403          (b) the University of Utah use donations and nonstate university funds as the primary
404     revenue sources for repayment of any obligation created under authority of this Subsection (9);
405          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
406     Subsection (9) may not exceed $62,000,000 for acquisition and construction proceeds, together
407     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
408     debt service reserve requirements;
409          (d) the university may plan, design, and construct the indoor football practice facility,
410     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
411          (e) the university may not request state funds for operation and maintenance costs or
412     capital improvements.
413          Section 7. Section 63B-32-102 is enacted to read:
414          63B-32-102. State Building Ownership Authority obligations for new state liquor
415     stores.
416          (1) The Legislature intends that:
417          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
418     State Building Ownership Authority Act, may issue or execute obligations or may enter into or
419     arrange for a lease-purchase agreement in which participation interests may be created, to
420     provide up to $8,214,253 for a Summit County market area liquor store in Park City, together
421     with additional amounts necessary to pay costs of issuance, pay capitalized interest, and fund
422     any existing debt service reserve requirements;
423          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
424     revenue source for repayment of any obligation created under authority of this Subsection (1);
425     and
426          (c) the Department of Alcoholic Beverage Control may request operation and
427     maintenance funding from sales revenues.
428          (2) The Legislature intends that:
429          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
430     State Building Ownership Authority Act, may issue or execute obligations or may enter into or
431     arrange for a lease-purchase agreement in which participation interests may be created, to
432     provide up to $7,455,342 for a Washington County area market liquor store in St. George,
433     together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
434     and fund any existing debt service reserve requirements;
435          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
436     revenue source for repayment of any obligation created under authority of this Subsection (2);
437     and
438          (c) the Department of Alcoholic Beverage Control may request operation and
439     maintenance funding from sales revenues.
440          Section 8. Coordinating H.B. 191 with S.B. 82 -- Substantive amendment.
441          If this H.B. 191 and S.B. 82, State Facilities Management Amendments, both pass and
442     become law, it is the intent of the Legislature that the Office of Legislative Research and
443     General Counsel shall prepare the Utah Code database for publication by modifying Subsection
444     32B-2-307(6)(a)(ii)(A) to read:
445          "(A) receive approval from the Division of Facilities Construction and Management,
446     created in Section 63A-5b-301.".