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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Any money deposited into the fund from repayment of a loan or interest issued under this part shall be distributed as described in this section.
(2) As the department receives repayment of a loan and interest issued under this part, the department shall distribute:
(a) 50% of the money to Sandy, for a bridge connecting a commuter rail station on the west side of I-15 with the east side of I-15;
(b) 30% of the money to Bluffdale, for construction of a multiple lane, grade-separated rail crossing at 1000 West and 14600 South; and
(c) 20% of the money to the department, to construct and provide enhanced ingress and egress to a transit mobility center on property north of Big Cottonwood Canyon.
Cite this article: FindLaw.com - Utah Code Title 72. Transportation Code § 72-2-306. Distribution of funds after repayment - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-72-transportation-code/ut-code-sect-72-2-306/
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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