UTAH CODE (Last Updated: January 16, 2015) |
Title 17B. Limited Purpose Local Government Entities - Local Districts |
Chapter 1. Provisions Applicable to All Local Districts |
Part 11. Local District Bonds |
§ 17B-1-1104. Pledge of revenues to pay for bonds.
Latest version.
- Bonds may be payable from and secured by the pledge of all or any specified part of:
(1) the revenues to be derived by the district from providing its services and from the operation of its facilities and other properties; (2) sales and use taxes, property taxes, and other taxes; (3) federal, state, or local grants; (4) in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and (5) other money legally available to the district.
Amended by Chapter 360, 2008 General Session