Utah Code 11-58-803. Port authority report
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Terms Used In Utah Code 11-58-803
- Authority: means the Utah Inland Port Authority, created in Section
11-58-201 . See Utah Code 11-58-102 - Authority jurisdictional land: means land within the authority boundary delineated:(2)(a) in the electronic shapefile that is the electronic component of H. See Utah Code 11-58-102
- Board: means the authority's governing body, created in Section
11-58-301 . See Utah Code 11-58-102- Business plan: means a plan designed to facilitate, encourage, and bring about development of the authority jurisdictional land to achieve the goals and objectives described in Subsection
11-58-203 (1), including the development and establishment of an inland port. See Utah Code 11-58-102- Development: means :
(7)(a) the demolition, construction, reconstruction, modification, expansion, or improvement of a building, utility, infrastructure, landscape, parking lot, park, trail, recreational amenity, or other facility, including public infrastructure and improvements; and(7)(b) the planning of, arranging for, or participation in any of the activities listed in Subsection (7)(a). See Utah Code 11-58-102- Property: includes both real and personal property. See Utah Code 68-3-12.5
- Property tax: includes a privilege tax and each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 11-58-102
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) On or before November 1 of each year, the authority shall prepare and file a report with the county auditor of each county in which the authority jurisdictional land is located, the State Tax Commission, the State Board of Education, and each taxing entity that levies a tax on property from which the authority collects property tax differential.(1)(b) The requirement of Subsection (1)(a) to file a copy of the report with the state as a taxing entity is met if the authority files a copy with the State Tax Commission and the state auditor.(2) Each report under Subsection (1) shall contain:(2)(a) an estimate of the property tax differential to be paid to the authority for the calendar year ending December 31; and(2)(b) an estimate of the property tax differential to be paid to the authority for the calendar year beginning the next January 1.(3) Before November 30 of each year, the board shall present a report to the Executive Appropriations Committee of the Legislature, as the Executive Appropriations Committee directs, that includes:(3)(a) an accounting of how authority funds have been spent, including funds spent on the environmental sustainability component of the authority business plan under Subsection 11-58-202(1)(a);(3)(b) an update about the progress of the development and implementation of the authority business plan under Subsection 11-58-202(1)(a), including the development and implementation of the environmental sustainability component of the plan; and(3)(c) an explanation of the authority’s progress in achieving the policies and objectives described in Subsection 11-58-203(1). - Board: means the authority's governing body, created in Section