Utah Code 11-70-403. Use of enhanced property tax revenue
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Terms Used In Utah Code 11-70-403
- Board: means the fairpark district's governing body, created in Section
11-70-301 . See Utah Code 11-70-101 - Development: means :(5)(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(5)(b) the planning of, arranging for, or participation in any of the activities listed in Subsection (5)(a). See Utah Code 11-70-101
- Fairpark district: means the Utah Fairpark Area Investment and Restoration District, created in Section
11-70-201 . See Utah Code 11-70-101- Fairpark district boundary: means a line or set of lines that:
(12)(a) defines the geographic boundary of the fairpark district, consisting of the interior space within each polygon described by the line or set of lines; and(12)(b) is delineated in the electronic shapefile that is the electronic component of H. See Utah Code 11-70-101- Project area: means land described in a project area plan or draft project area plan, where the development project set forth in the project area plan or draft project area plan takes place or is proposed to take place. See Utah Code 11-70-101
- Property tax: includes each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 11-70-101
The fairpark district may use enhanced property tax revenue collected from a project area for a development project outside the fairpark district boundary if approved by the board.
- Fairpark district: means the Utah Fairpark Area Investment and Restoration District, created in Section