Utah Code 63N-3-1401. Definitions
Current as of: 2024 | Check for updates
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As used in this part:
(1) “Committee” means the Revitalization Zone Committee created in Section 63N-3-1607 .
Terms Used In Utah Code 63N-3-1401
- Committee: means the Revitalization Zone Committee created in Section
63N-3-1607 . See Utah Code 63N-3-1401 - Major professional sports league: means the National Basketball Association or the National Hockey League. See Utah Code 63N-3-1401
- Person: means :(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5
- Project area: means the area created and designated to receive funds and revenue according to the terms and requirements of this part. See Utah Code 63N-3-1401
- Qualified stadium: means a sports facility that:
(7)(a) provides seating for spectators in a number that is reasonably consistent with the capacity of other stadiums used by other teams in the major professional sports league;(7)(b) is located within the project area; and(7)(c)(7)(c)(i) is in active use as the home venue of a major professional sports league team; or(7)(c)(ii) in the case of a stadium that is proposed to be constructed or remodeled, will be the home venue of a major professional sports league. See Utah Code 63N-3-1401- Venue: The geographical location in which a case is tried.
(2) “Franchise agreement” means a legally binding and valid agreement under which:(2)(a) a major professional sports league has awarded a franchise to a franchise recipient; and(2)(b) the major professional sports league team that is the subject of the agreement is playing, or will play, home games in a qualified stadium that exists or will be constructed within the project area.(3) “Local government” means the municipality in which the project area is located.(4) “Major professional sports league” means the National Basketball Association or the National Hockey League.(5) “Project area” means the area created and designated to receive funds and revenue according to the terms and requirements of this part.(6) “Project participant” means a person that is approved to participate in the use of public funds in a project area according to the procedures and requirements of this part.(7) “Qualified stadium” means a sports facility that:(7)(a) provides seating for spectators in a number that is reasonably consistent with the capacity of other stadiums used by other teams in the major professional sports league;(7)(b) is located within the project area; and(7)(c)(7)(c)(i) is in active use as the home venue of a major professional sports league team; or(7)(c)(ii) in the case of a stadium that is proposed to be constructed or remodeled, will be the home venue of a major professional sports league.(8) “Taxing entity” means the same as that term is defined in Section17C-1-102 .