Terms Used In Utah Code > Title 63N > Chapter 3 > Part 6 - Housing and Transit Reinvestment Zone Act

• Affordable housing: means housing occupied or reserved for occupancy by households with a gross household income:
       (1)(a) equal to or less than 80% of the median gross income of the applicable municipal or county statistical area for households of the same size, in certain circumstances as provided in this part; or
       (1)(b) equal to or less than 60% of the median gross income of the applicable municipal or county statistical area for households of the same size, in certain circumstances as provided in this part. See Utah Code 63N-3-602
• Agency: means the same as that term is defined in Section 17C-1-102. See Utah Code 63N-3-602
• Base taxable value: means a property's taxable value as shown upon the assessment roll last equalized during the base year. See Utah Code 63N-3-602
• Base year: means , for each tax increment collection period triggered within a proposed housing and transit reinvestment zone area, the calendar year prior to the calendar year the tax increment begins to be collected for those parcels triggered for that collection period. See Utah Code 63N-3-602
• Bus rapid transit: means a high-quality bus-based transit system that delivers fast and efficient service that may include dedicated lanes, busways, traffic signal priority, off-board fare collection, elevated platforms, and enhanced stations. See Utah Code 63N-3-602
• Bus rapid transit station: means an existing station, stop, or terminal, or a proposed station, stop, or terminal that is specifically identified as needed in phase one of a metropolitan planning organization's adopted long-range transportation plan and in phase one of the relevant public transit district's adopted long-range transit plan:
       (6)(a) along an existing bus rapid transit line; or
       (6)(b) along an extension to an existing bus rapid transit line or new bus rapid transit line. See Utah Code 63N-3-602
• City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
• Commission: means the Unified Economic Opportunity Commission created in Section 63N-1a-201. See Utah Code 63N-1a-102
• Commuter rail: means a heavy-rail passenger rail transit facility operated by a large public transit district. See Utah Code 63N-3-602
• Commuter rail station: means an existing station, stop, or terminal, or a proposed station, stop, or terminal, which has been specifically identified as needed in phase one of a metropolitan planning organization's adopted long-range transportation plan and in phase one of the relevant public transit district's adopted long-range transit plan:
       (8)(a) along an existing commuter rail line;
       (8)(b) along an extension to an existing commuter rail line or new commuter rail line; or
       (8)(c) along a fixed guideway extension from an existing commuter rail line. See Utah Code 63N-3-602
• Contract: A legal written agreement that becomes binding when signed.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Developable area: means the portion of land within a housing and transit reinvestment zone available for development and construction of business and residential uses. See Utah Code 63N-3-602
• Enhanced development: means the construction of mixed uses including housing, commercial uses, and related facilities. See Utah Code 63N-3-602
• Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
• 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.
• Executive director: means the executive director of the office. See Utah Code 63N-1a-102
• First home investment zone: means the same as that term is defined in Section 63N-3-1601. See Utah Code 63N-3-602
• Fixed guideway: means the same as that term is defined in Section 59-12-102. See Utah Code 63N-3-602
• Horizontal construction costs: means the additional costs associated with earthwork, over excavation, utility work, transportation infrastructure, and landscaping to achieve enhanced development in the housing and transit reinvestment zone. See Utah Code 63N-3-602
• Housing and transit reinvestment zone: means a housing and transit reinvestment zone created pursuant to this part. See Utah Code 63N-3-602
• Housing and transit reinvestment zone committee: means a housing and transit reinvestment zone committee created pursuant to Section 63N-3-605. See Utah Code 63N-3-602
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• 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
• Large public transit district: means the same as that term is defined in Section 17B-2a-802. See Utah Code 63N-3-602
• Light rail: means a passenger rail public transit system with right-of-way and fixed rails:
       (19)(a) dedicated to exclusive use by light-rail public transit vehicles;
       (19)(b) that may cross streets at grade; and
       (19)(c) that may share parts of surface streets. See Utah Code 63N-3-602
• Light rail station: means an existing station, stop, or terminal or a proposed station, stop, or terminal, which has been specifically identified as needed in phase one of a metropolitan planning organization's adopted long-range transportation plan and in phase one of the relevant public transit district's adopted long-range plan:
       (20)(a) along an existing light rail line; or
       (20)(b) along an extension to an existing light rail line or new light rail line. See Utah Code 63N-3-602
• Metropolitan planning organization: means the same as that term is defined in Section Utah Code 63N-3-602
• Municipality: means the same as that term is defined in Section 10-1-104. See Utah Code 63N-3-602
• Participant: means the same as that term is defined in Section 17C-1-102. See Utah Code 63N-3-602
• Participation agreement: means the same as that term is defined in Section 17C-1-102, except that the agency may not provide and the person may not receive a direct subsidy. See Utah Code 63N-3-602
• 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
• Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Public transit county: means a county that has created a small public transit district. See Utah Code 63N-3-602
• Public transit hub: means a public transit depot or station where four or more routes serving separate parts of the county-created transit district stop to transfer riders between routes. See Utah Code 63N-3-602
• Quorum: The number of legislators that must be present to do business.
• Sales and use tax base year: means a sales and use tax year determined by the first year pertaining to the tax imposed in Section 59-12-103 after the sales and use tax boundary for a housing and transit reinvestment zone is established. See Utah Code 63N-3-602
• Sales and use tax boundary: means a boundary created as described in Section 63N-3-604, based on state sales and use tax collection that corresponds as closely as reasonably practicable to the housing and transit reinvestment zone boundary. See Utah Code 63N-3-602
• Sales and use tax increment: means the difference between:
       (30)(a) the amount of state sales and use tax revenue generated each year following the sales and use tax base year by the sales and use tax from the area within a housing and transit reinvestment zone designated in the housing and transit reinvestment zone proposal as the area from which sales and use tax increment is to be collected; and
       (30)(b) the amount of state sales and use tax revenue that was generated from that same area during the sales and use tax base year. See Utah Code 63N-3-602
• Sales and use tax revenue: means revenue that is generated from the tax imposed under Section 59-12-103. See Utah Code 63N-3-602
• Small public transit district: means the same as that term is defined in Section 17B-2a-802. See Utah Code 63N-3-602
• 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
• Tax Commission: means the State Tax Commission created in Section 59-1-201. See Utah Code 63N-3-602
• Tax increment: means the difference between:
            (34)(a)(i) the amount of property tax revenue generated each tax year by a taxing entity from the area within a housing and transit reinvestment zone designated in the housing and transit reinvestment zone proposal as the area from which tax increment is to be collected, using the current assessed value and each taxing entity's current certified tax rate as defined in Section 59-2-924; and
            (34)(a)(ii) the amount of property tax revenue that would be generated from that same area using the base taxable value and each taxing entity's current certified tax rate as defined in Section 59-2-924. See Utah Code 63N-3-602
• Taxing entity: means the same as that term is defined in Section 17C-1-102. See Utah Code 63N-3-602
• United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
• Vertical construction costs: means the additional costs associated with construction above four stories and structured parking to achieve enhanced development in the housing and transit reinvestment zone. See Utah Code 63N-3-602