Terms Used In Utah Code > Title 63A > Chapter 3 > Part 4 - Infrastructure Revolving Loan Funds

• Agency: means a board, commission, institution, department, division, officer, council, office, committee, bureau, or other administrative unit of the state, including the agency head, agency employees, or other persons acting on behalf of or under the authority of the agency head, the Legislature, the courts, or the governor, but does not mean a political subdivision of the state, or any administrative unit of a political subdivision of the state. See Utah Code 63A-1-103
• Borrower: means a person who borrows money from an infrastructure fund for an infrastructure project. See Utah Code 63A-3-401.5
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Fairpark district development fund: means the infrastructure fund created in Subsection 63A-3-402(1)(c). See Utah Code 63A-3-401.5
• Independent political subdivision: means :
       (3)(a) the Utah Inland Port Authority created in Section 11-58-201;
       (3)(b) the Point of the Mountain State Land Authority created in Section 11-59-201;
       (3)(c) the Utah Fairpark Area Investment and Restoration District created in Section 11-70-201; or
       (3)(d) the Military Installation Development Authority created in Section 63H-1-201. See Utah Code 63A-3-401.5
• Infrastructure fund: means a fund created in Subsection 63A-3-402(1). See Utah Code 63A-3-401.5
• Infrastructure loan: means a loan of infrastructure fund money to finance an infrastructure project. See Utah Code 63A-3-401.5
• Infrastructure project: means a project to acquire, construct, reconstruct, rehabilitate, equip, or improve public infrastructure and improvements:
       (6)(a) within a project area; or
       (6)(b) outside a project area, if the respective loan approval body determines by resolution that the public infrastructure and improvements are of benefit to the project area. See Utah Code 63A-3-401.5
• Inland port: means the same as that term is defined in Section 11-58-102. See Utah Code 63A-3-401.5
• Inland port fund: means the infrastructure fund created in Subsection 63A-3-402(1)(a). See Utah Code 63A-3-401.5
• 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
• Military development fund: means the infrastructure fund created in Subsection 63A-3-402(1)(d). See Utah Code 63A-3-401.5
• 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
• Point of the mountain fund: means the infrastructure fund created in Subsection 63A-3-402(1)(b). See Utah Code 63A-3-401.5
• Project area: means :
       (11)(a) the same as that term is defined in Section 11-58-102, for purposes of an infrastructure loan from the inland port fund;
       (11)(b) the point of the mountain state land, as defined in Section 11-59-102, for purposes of an infrastructure loan from the point of the mountain fund;
       (11)(c) the same as that term is defined in Section 11-70-101, for purposes of an infrastructure loan from the fairpark district development fund; or
       (11)(d) the same as that term is defined in Section 63H-1-102, for purposes of an infrastructure loan from the military development fund. See Utah Code 63A-3-401.5
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Property tax revenue: means :
       (12)(a) property tax differential, as defined in Section 11-58-102, for purposes of an infrastructure loan from the inland port fund;
       (12)(b) enhanced property tax revenue, as defined in Section 11-70-101, for purposes of an infrastructure loan from the fairpark district development fund; or
       (12)(c) property tax allocation, as defined in Section 63H-1-102, for purposes of an infrastructure loan from the military development fund. See Utah Code 63A-3-401.5
• Public infrastructure and improvements: means :
       (13)(a) the same as that term is defined in Section 11-58-102, for purposes of an infrastructure loan from the inland port fund;
       (13)(b) publicly owned infrastructure and improvements, as defined in Section 11-59-102, for purposes of an infrastructure loan from the point of the mountain fund;
       (13)(c) the same as that term is defined in Section 11-70-101, for purposes of an infrastructure loan from the fairpark district development fund; or
       (13)(d) the same as that term is defined in Section 63H-1-102, for purposes of an infrastructure loan from the military development fund. See Utah Code 63A-3-401.5
• Respective loan approval body: means :
       (14)(a) the board created in Section 11-58-301, for purposes of an infrastructure loan from the inland port fund;
       (14)(b) the board created in Section 11-59-301, for purposes of an infrastructure loan from the point of the mountain fund;
       (14)(c) the board created in Section 11-70-301, for purposes of an infrastructure loan from the fairpark area development fund; or
       (14)(d) the committee created in Section 63H-1-104, for purposes of an infrastructure loan from the military development fund. See Utah Code 63A-3-401.5
• 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