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Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-44-202. Types of agreements

Current as of January 01, 2025 | Updated by Findlaw Staff

Notwithstanding Section 63G-6a-1205, a political subdivision shall structure a performance efficiency agreement as a guaranteed performance efficiency agreement, which shall include:

(1) the design and installation of a performance efficiency measure, if applicable;

(2) operation and maintenance of a performance efficiency measure implemented; and

(3) guaranteed annual cost savings that meet or exceed the total annual agreement payments by the political subdivision under the agreement, including financing charges incurred by the political subdivision over the life of the agreement.

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Cite this article: FindLaw.com - Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-44-202. Types of agreements - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-11-cities-counties-and-local-taxing-units/ut-code-sect-11-44-202/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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