Utah Code 63N-3-1404. Application for approval as a project participant in a project area
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A person that seeks to have a local government create a project area under this part, and to be a project participant within that project area, shall provide a local government with a written application that certifies that the applicant:
(1) is a party to a franchise agreement;
Terms Used In Utah Code 63N-3-1404
- 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. See Utah Code 63N-3-1401
- Land: includes :
(18)(a) land;(18)(b) a tenement;(18)(c) a hereditament;(18)(d) a water right;(18)(e) a possessory right; and(18)(f) a claim. See Utah Code 68-3-12.5- Local government: means the municipality in which the project area is located. 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
- 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. 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(2) is or will be operating the team that is subject to the franchise agreement:(2)(a) in an existing qualified stadium located within the project area to be created; or(2)(b) in a new qualified stadium that will be located within the project area;(3) shows the existing and, as applicable, the proposed location and footprint of the qualified stadium;(4) lists any public funds that are currently being received by, or are authorized to be received by:(4)(a) the applicant; or(4)(b) any major professional sports league team that is owned or operated by the applicant; and(5) any proposals or information related to the application, including specific details about the franchise agreement or plans for a qualified stadium, a proposed boundary for the project area, proposals for land or stadium ownership arrangements or stadium revenue-sharing arrangements, or plans or requests for urban renewal or reconstruction. - Land: includes :