Utah Admin. Code 23-22-3

Current through Bulletin 2024-20, October 15, 2024
Section R23-22-3 - Requirements for Qualified Proposals
(1) For sales of vacant division-owned property, the division may require a qualified proposal to propose a minimum acceptable purchase price, to be established by the division.
(2) For leases of vacant division-owned property, the division may require a qualified proposal to propose a minimum acceptable rent, to be established by the division, as well as proposed lease term, options for extension, if any, and material lease terms and conditions.
(3) A written proposal submitted by a local government entity or public purpose nonprofit entity shall explain the public purpose for which the local government entity or public purpose nonprofit entity seeks a transfer or lease of the vacant division-owned property to be a qualified proposal.
(4) To be a qualified proposal, a written proposal shall address how the written proposal, if accepted and implemented, provides a material benefit to the state.

Utah Admin. Code R23-22-3

Amended by Utah State Bulletin Number 2014-24, effective 11/21/2014
Amended by Utah State Bulletin Number 2023-04, effective 2/8/2023