Section 17D-4-203 - Public infrastructure district powersA public infrastructure district:
(1) has all of the authority conferred upon a special district under Section 17B-1-103; and(2) may:(a) issue negotiable bonds to pay:(i) all or part of the costs of acquiring, acquiring an interest in, improving, or extending any of the improvements, facilities, or property allowed under Section 11-14-103;(ii) capital costs of improvements in an energy assessment area, as defined in Section 11-42a-102, and other related costs, against the funds that the public infrastructure district will receive because of an assessment in an energy assessment area, as defined in Section 11-42a-102;(iii) public improvements related to the provision of housing;(iv) capital costs related to public transportation;(v) for a public infrastructure district created by a development authority, the cost of acquiring or financing public infrastructure and improvements; and(vi) for a public infrastructure district that is a subsidiary of the Utah Inland Port Authority, the costs associated with a remediation project, as defined in Section 11-58-102;(b) enter into an interlocal agreement in accordance with Title 11, Chapter 13, Interlocal Cooperation Act, provided that the interlocal agreement may not expand the powers of the public infrastructure district, within the limitations of Title 11, Chapter 13, Interlocal Cooperation Act, without the consent of the creating entity;(c) acquire completed or partially completed improvements for fair market value as reasonably determined by:(ii) the creating entity, if required in the governing document; or(iii) a surveyor or engineer that a public infrastructure district employs or engages to perform the necessary engineering services for and to supervise the construction or installation of the improvements;(d) contract with the creating entity for the creating entity to provide administrative services on behalf of the public infrastructure district, when agreed to by both parties, in order to achieve cost savings and economic efficiencies, at the discretion of the creating entity; and(e) for a public infrastructure district created by a development authority: (i)(A) operate and maintain public infrastructure and improvements the district acquires or finances; and(B) use fees, assessments, or taxes to pay for the operation and maintenance of those public infrastructure and improvements; and(ii) issue bonds under Title 11, Chapter 42, Assessment Area Act; and(f) for a public infrastructure district that is a subsidiary of the Utah Inland Port Authority, pay for costs associated with a remediation project, as defined in Section 11-58-102, of the Utah Inland Port Authority.Amended by Chapter 259, 2023 General Session ,§ 18, eff. 3/14/2023.Amended by Chapter 15, 2023 General Session ,§ 217, eff. 2/27/2023.Amended by Chapter 82, 2022 General Session ,§ 16, eff. 3/21/2022.Amended by Chapter 415, 2021 General Session ,§ 15, eff. 5/5/2021.Renumbered from § 17B-2a-1206 and amended by Chapter 314, 2021 General Session ,§ 12, eff. 5/5/2021.Amended by Chapter 414, 2021 General Session ,§ 3, eff. 3/22/2021.Amended by Chapter 282, 2020 General Session ,§ 9, eff. 3/28/2020.Added by Chapter 490, 2019 General Session ,§ 9, eff. 5/14/2019.