Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-58-601. General differential and nonmunicipal differential

(a) “Designation resolution” means a resolution adopted by the board that designates a transition date for the parcel specified in the resolution.

(b) “Post-designation parcel” means a parcel within a project area after the transition date for that parcel.

(c) “Pre-designation parcel” means a parcel within a project area before the transition date for that parcel.

(d) “Transition date” means the date indicated in a designation resolution after which the parcel that is the subject of the designation resolution is a post-designation parcel.

(a) for the period beginning November 2019 and ending the earlier of:

(b) for a period of 15 years following November 2044 if, before the end of November 2044:

(4)(a) As provided in Subsection (4)(b), the authority shall be paid:

(b) The property tax differential paid under Subsection (4)(a) from a post-designation parcel shall be paid:

(5)(a) For purposes of this section, the authority may designate an improved portion of a parcel in a project area as a separate parcel.

(b) An authority designation of an improved portion of a parcel as a separate parcel under Subsection (5)(a) does not constitute a subdivision, as defined in Section 10-9a-103 or Section 17-27a-103.

(c) A county recorder shall assign a separate tax identification number to the improved portion of a parcel designated by the authority as a separate parcel under Subsection (5)(a).