Section 11-59-202 - Authority powersThe authority may:
(1) as provided in this chapter, plan, manage, and implement the development of the point of the mountain state land, including the ongoing operation of facilities on the point of the mountain state land;(2) undertake, or engage a consultant to undertake, any study, effort, or activity the board considers appropriate to assist or inform the board about any aspect of the proposed development of the point of the mountain state land, including the best development model and financial projections relevant to the authority's efforts to fulfill its duties and responsibilities under this section and Section 11-59-203;(4) enter into contracts generally, including a contract for the sharing of records under Section 63G-2-206;(5) buy, obtain an option upon, or otherwise acquire any interest in real or personal property, as necessary to accomplish the duties and responsibilities of the authority, including an interest in real property, apart from point of the mountain state land, or personal property, outside point of the mountain state land, for publicly owned infrastructure and improvements, if the board considers the purchase, option, or other interest acquisition to be necessary for fulfilling the authority's development objectives;(6) sell, convey, grant, dispose of by gift, or otherwise dispose of any interest in real or personal property;(7) enter into a lease agreement on real or personal property, either as lessee or lessor;(8) provide for the development of the point of the mountain state land under one or more contracts, including the development of publicly owned infrastructure and improvements and other infrastructure and improvements on or related to the point of the mountain state land;(9) exercise powers and perform functions under a contract, as authorized in the contract;(10) accept financial or other assistance from any public or private source for the authority's activities, powers, and duties, and expend any funds so received for any of the purposes of this chapter;(11) borrow money, contract with, or accept financial or other assistance from the federal government, a public entity, or any other source for any of the purposes of this chapter and comply with any conditions of the loan, contract, or assistance;(12) subject to Part 6, Authority Bonds, issue bonds to finance the undertaking of any development objectives of the authority;(13) issue bonds under Title 11, Chapter 17, Utah Industrial Facilities and Development Act, and bonds under Title 11, Chapter 42, Assessment Area Act;(14) hire employees, including contract employees, in addition to or in place of staff provided under Section 11-59-304;(15) transact other business and exercise all other powers provided for in this chapter;(16) enter into a development agreement with a developer of some or all of the point of the mountain state land;(17) provide for or finance an energy efficiency upgrade, a clean energy system, or electric vehicle charging infrastructure as defined in Section 11-42a-102, in accordance with Title 11, Chapter 42a, Commercial Property Assessed Clean Energy Act;(18) exercise powers and perform functions that the authority is authorized by statute to exercise or perform;(19) enter into one or more interlocal agreements under Title 11, Chapter 13, Interlocal Cooperation Act, with one or more local government entities for the delivery of services to the point of the mountain state land;(20) enter into an agreement with the federal government or an agency of the federal government, as the board considers necessary or advisable, to enable or assist the authority to exercise its powers or fulfill its duties and responsibilities under this chapter;(21) provide funding for the development of publicly owned infrastructure and improvements or other infrastructure and improvements on or related to the point of the mountain state land; and(22) impose impact fees under Title 11, Chapter 36a, Impact Fees Act, and other fees related to development activities.Amended by Chapter 207, 2024 General Session ,§ 2, eff. 5/1/2024.Amended by Chapter 53, 2024 General Session ,§ 13, eff. 5/1/2024.Amended by Chapter 139, 2023 General Session ,§ 5, eff. 5/3/2023.Amended by Chapter 237, 2022 General Session ,§ 5, eff. 5/4/2022.Amended by Chapter 207, 2022 General Session ,§ 4, eff. 5/4/2022.Amended by Chapter 354, 2020 General Session ,§ 15, eff. 5/12/2020.Added by Chapter 388, 2018 General Session ,§ 5, eff. 5/8/2018.Affected by 63I-1-211 on 1/1/2029