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Utah Code Title 63B. Bonds § 63B-30-301. Authorization to design and construct capital facilities using institutional or agency funds

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

(1) The Legislature intends that:

(a) the University of Utah may, subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities, use up to $9,685,000 in donations and institutional funds to plan, design, and construct an addition to the Rio Tinto Kennecott Building;

(b) the university may not use state funds for any portion of this project; and

(c) the university may use state funds for operation and maintenance costs and capital improvements.

(2) The Legislature intends that:

(a) Utah State University may, subject to the requirements of Title 63A, Chapter 5b, Administration of State Facilities, use up to $1,600,000 in institutional funds to plan, design, and construct or purchase and remodel a Blanding Professional Career and Technical Education Lab;

(b) the university may not use state funds for any portion of this project; and

(c) the university may use state funds for operation and maintenance costs and capital improvements.

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Cite this article: FindLaw.com - Utah Code Title 63B. Bonds § 63B-30-301. Authorization to design and construct capital facilities using institutional or agency funds - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63b-bonds/ut-code-sect-63b-30-301/

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