Utah Code > Title 63B > Chapter 18 > Part 3 – 2009 Capital Facilities and Property Authorizations


§ 63B-18-301	Authorizations to design and construct capital facilities using institutional or agency funds
§ 63B-18-302	Authorizations to dispose of property

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
Contract: A legal written agreement that becomes binding when signed.
Division: means the Division of Facilities Construction and Management. See Utah Code 63B-1-101
Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
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
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
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