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 the Division of Facilities Construction and Management,
86     created in Section 63A-5b-301; and
87          (B) receive authorization in an appropriations act.
88          (b) Following a presentation described in Subsection [(4)(a)] (6)(a)(i), the
89     Infrastructure and General Government Appropriations Subcommittee shall recommend
90     whether the department spend the money in accordance with the department's presentation.
91          [(5) When the department uses money in the State Store Land Acquisition Fund to
92     purchase or lease property for a new state store]
93          (7) (a) If the department uses money in the fund for a purpose described in Subsection
94     (5), and subsequently issues a revenue bond for [the state store for which the department
95     purchased or leased the property] that purpose, the department shall repay the money [used to
96     purchase or lease the property] with proceeds from the revenue bond.
97          (b) If the department uses money from the fund for a purpose described in Subsection
98     (5), and subsequently uses, instead of issuing bonds, cash funding appropriated by the
99     Legislature to fund that purpose, the department shall reimburse the fund:
100          (i) with proceeds from liquor revenue in the Liquor Control Fund, created in Section
101     32B-2-301, on a long-term payment schedule set by the state treasurer; and
102          (ii) before the transfer described in Subsection 32B-2-301(7).
103          Section 2. Section 63B-28-101 is amended to read:
104          63B-28-101. Revenue bond authorizations -- State Building Ownership
105     Authority.
106          (1) The Legislature intends that:
107          (a) the State Building Ownership Authority, under the authority of [Title 63B,] Chapter
108     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
109     enter into or arrange for a lease-purchase agreement in which participation interests may be
110     created, to provide up to $5,451,800 for a Pleasant Grove or Lehi market area liquor store,
111     together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
112     and fund any existing debt service reserve requirements;
113          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
114     revenue source for repayment of any obligation created under authority of this Subsection (1);
115     and
116          (c) the Department of Alcoholic Beverage Control may request operation and
117     maintenance funding from sales revenues.
118          (2) The Legislature intends that:
119          (a) the State Building Ownership Authority, under the authority of [Title 63B,] Chapter
120     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
121     enter into or arrange for a lease-purchase agreement in which participation interests may be
122     created, to provide up to [$10,759,000] $12,859,000 for reconstructing the Store 4: Foothill
123     liquor store, together with additional amounts necessary to pay costs of issuance, pay
124     capitalized interest, and fund any existing debt service reserve requirements;
125          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
126     revenue source for repayment of any obligation created under authority of this Subsection (2);
127     and
128          (c) the Department of Alcoholic Beverage Control may request operation and
129     maintenance funding from sales revenues.
130          Section 3. Section 63B-29-101 is amended to read:
131          63B-29-101. Revenue bond authorizations -- State Building Ownership
132     Authority.
133          (1) The Legislature intends that:
134          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
135     State Building Ownership Authority Act, may issue or execute obligations, or may enter into or
136     arrange for a lease-purchase agreement in which participation interests may be created, to
137     provide up to [$10,091,100] $14,591,000 for the downtown liquor store relocation, together
138     with additional amounts necessary to pay costs of issuance, pay capitalized interest, and fund
139     any existing debt service reserve requirements;
140          (b) the Department of Alcoholic Beverage Control use sales revenue as the primary
141     revenue source for repayment of any obligation created under authority of this Subsection (1);
142     and
143          (c) the Department of Alcoholic Beverage Control may request operation and
144     maintenance funding from sales revenue.
145          (2) The Legislature intends that:
146          (a) the State Building Ownership Authority, under the authority of Chapter 1, Part 3,
147     State Building Ownership Authority Act, may issue or execute obligations, or may enter into or
148     arrange for a lease-purchase agreement in which participation interests may be created, to
149     provide up to $14,000,000 for two liquor stores in the Taylorsville and West Valley City
150     market areas, together with additional amounts necessary to pay costs of issuance, pay
151     capitalized interest, and fund any existing debt service reserve requirements;
152          (b) the Department of Alcoholic Beverage Control use sales revenue as the primary
153     revenue source for repayment of any obligation created under authority of this Subsection (2);
154     and
155          (c) the Department of Alcoholic Beverage Control may request operation and
156     maintenance funding from sales revenue.
157          Section 4. Section 63B-31-201 is amended to read:
158          63B-31-201. Revenue bond authorizations -- Utah Board of Higher Education.
159          (1) The Legislature intends that:
160          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
161     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
162     Utah to borrow money on the credit, revenues, and reserves of the university, other than
163     appropriations of the Legislature, to finance the cost of constructing the West Village Graduate
164     and Family Student Housing;
165          (b) the University of Utah use student housing rental fees and other auxiliary revenue
166     as the primary revenue sources for repayment of any obligation created under authority of this
167     Subsection (1);
168          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
169     Subsection (1) may not exceed $125,800,000 for acquisition and construction proceeds,
170     together with other amounts necessary to pay costs of issuance, pay capitalized interest, and
171     fund any debt service reserve requirements;
172          (d) the university may plan, design, and construct the West Village Graduate and
173     Family Student Housing, subject to the requirements of Title 63A, Chapter 5b, Administration
174     of State Facilities; and
175          (e) the university may not request state funds for operation and maintenance costs or
176     capital improvements.
177          (2) The Legislature intends that:
178          (a) the Utah Board of Higher Education, on behalf of the University of Utah, may
179     issue, sell, and deliver revenue bonds or other evidences of indebtedness of the University of
180     Utah to borrow money on the credit, revenues, and reserves of the university, other than
181     appropriations of the Legislature, to finance the cost of constructing the Impact - Epicenter
182     building;
183          (b) the University of Utah use donations, student housing rental fees, and other
184     auxiliary revenue as the primary revenue sources for repayment of any obligation created under
185     authority of this Subsection (2);
186          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
187     Subsection (2) may not exceed [$85,700,000] $118,700,000 for acquisition and construction
188     proceeds, together with other amounts necessary to pay costs of issuance, pay capitalized
189     interest, and fund any debt service reserve requirements;
190          (d) the university may plan, design, and construct the Impact - Epicenter building,
191     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
192          (e) the university may not request state funds for operation and maintenance costs or
193     capital improvements.
194          (3) The Legislature intends that:
195          (a) the Utah Board of Higher Education, on behalf of Utah State University, may issue,
196     sell, and deliver revenue bonds or other evidences of indebtedness of Utah State University to
197     borrow money on the credit, revenues, and reserves of the university, other than appropriations
198     of the Legislature, to finance the cost of constructing an expansion of the Electric Vehicle and
199     Roadway building;
200          (b) Utah State University use research revenue, donations, and institutional funds as the
201     primary revenue sources for repayment of any obligation created under authority of this
202     Subsection (3);
203          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
204     Subsection (3) may not exceed $9,200,000 for acquisition and construction proceeds, together
205     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
206     debt service reserve requirements;
207          (d) the university may plan, design, and construct the expansion of the Electric Vehicle
208     and Roadway building, subject to the requirements of Title 63A, Chapter 5b, Administration of
209     State Facilities; and
210          (e) the university may not request state funds for operation and maintenance costs or
211     capital improvements.
212          (4) The Legislature intends that:
213          (a) the Utah Board of Higher Education, on behalf of Weber State University, may
214     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Weber State
215     University to borrow money on the credit, revenues, and reserves of the university, other than
216     appropriations of the Legislature, to finance the cost of constructing the Stewart Stadium east
217     bleachers;
218          (b) Weber State University use student fees and institutional funds as the primary
219     revenue sources for repayment of any obligation created under authority of this Subsection (4);
220          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
221     Subsection (4) may not exceed $4,000,000 for acquisition and construction proceeds, together
222     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
223     debt service reserve requirements;
224          (d) the university may plan, design, and construct the Stewart Stadium east bleachers,
225     subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities; and
226          (e) the university may not request additional state funds for operation and maintenance
227     costs or capital improvements.
228          (5) The Legislature intends that:
229          (a) the Utah Board of Higher Education, on behalf of Weber State University, may
230     issue, sell, and deliver revenue bonds or other evidences of indebtedness of Weber State
231     University to borrow money on the credit, revenues, and reserves of the university, other than
232     appropriations of the Legislature, to finance the cost of constructing the Noorda Engineering
233     and Applied Science building;
234          (b) Weber State University use lease payments as the primary revenue sources for
235     repayment of any obligation created under authority of this Subsection (5);
236          (c) the amount of revenue bonds or evidences of indebtedness authorized by this
237     Subsection (5) may not exceed $8,500,000 for acquisition and construction proceeds, together
238     with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
239     debt service reserve requirements;
240          (d) the university may plan, design, and construct the Noorda Engineering and Applied
241     Science building, subject to the requirements of Title 63A, Chapter 5b, Administration of State
242     Facilities; and
243          (e) the university may not request additional state funds for operation and maintenance
244     costs or capital improvements.
245          Section 5. Section 63B-31-202 is amended to read:
246          63B-31-202. State Building Ownership Authority obligations for new state liquor
247     stores.
248          (1) The Legislature intends that:
249          (a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
250     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations or may
251     enter into or arrange for a lease-purchase agreement in which participation interests may be
252     created, to provide up to $11,725,700 for a Salt Lake City market area liquor store in
253     Sugarhouse, together with additional amounts necessary to pay costs of issuance, pay
254     capitalized interest, and fund any existing debt service reserve requirements;
255          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
256     revenue source for repayment of any obligation created under authority of this Subsection (1);
257          (c) the Department of Alcoholic Beverage Control may request operation and
258     maintenance funding from sales revenues; and
259          (d) the Department of Alcoholic Beverage Control use up to $5,000,000 to repay the
260     State Store Land Acquisition and Building Construction Fund under Section 32B-2-307.
261          (2) The Legislature intends that:
262          (a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
263     1, Part 3, State Building Ownership Authority Act, may issue or execute obligations or may
264     enter into or arrange for a lease-purchase agreement in which participation interests may be
265     created, to provide up to $5,524,000 for a Salt Lake City area market liquor store in east Sandy,
266     together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
267     and fund any existing debt service reserve requirements;
268          (b) the Department of Alcoholic Beverage Control use sales revenues as the primary
269     revenue source for repayment of any obligation created under authority of this Subsection (2);
270     and
271          (c) the Department of Alcoholic Beverage Control may request operation and
272     maintenance funding from sales revenues.
273          Section 6. Section 63B-32-101 is enacted to read:
274     
CHAPTER 32. 2022 BONDING AND FINANCING AUTHORIZATIONS

275     
Part 1. 2022 Revenue Bond Authorizations

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