US Lawyer Database

Section 603 – Lake authority report.

Effective 5/4/2022 11-65-603. Lake authority report. Before November 30 of each year, the board shall present a report to the Executive Appropriations Committee of the Legislature, as the Executive Appropriations Committee directs, that includes: (1) an accounting of how lake authority funds have been spent, including funds spent on the environmental sustainability component of the […]

Section 604 – Audit requirements.

Effective 5/4/2022 11-65-604. Audit requirements. The lake authority shall comply with the audit requirements of Title 51, Chapter 2a, Accounting Reports from Political Subdivisions, Interlocal Organizations, and Other Local Entities Act. Enacted by Chapter 59, 2022 General Session

Section 605 – Audit report.

Effective 5/4/2022 11-65-605. Audit report. (1) The lake authority shall, within 180 days after the end of the lake authority’s fiscal year, file a copy of the audit report with the county auditor and the state auditor. (2) Each audit report under Subsection (1) shall include: (a) the outstanding principal amount of bonds issued or […]

Section 701 – Dissolution of lake authority — Restrictions — Notice of dissolution — Disposition of lake authority property — Lake authority records — Dissolution expenses.

Effective 5/4/2022 11-65-701. Dissolution of lake authority — Restrictions — Notice of dissolution — Disposition of lake authority property — Lake authority records — Dissolution expenses. (1) The lake authority may not be dissolved unless the lake authority has no outstanding bonded indebtedness, other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations […]

Section 601 – Annual lake authority budget — Fiscal year — Public hearing required — Auditor forms — Requirement to file annual budget.

Effective 5/4/2022 11-65-601. Annual lake authority budget — Fiscal year — Public hearing required — Auditor forms — Requirement to file annual budget. (1) The board shall prepare and adopt for the lake authority an annual budget of revenues and expenditures for each fiscal year. (2) An annual lake authority budget shall be adopted before […]

Section 602 – Amending the lake authority annual budget.

Effective 5/4/2022 11-65-602. Amending the lake authority annual budget. (1) The board may by resolution amend an annual lake authority budget. (2) An amendment of the annual lake authority budget that would increase the total expenditures may be made only after a public hearing following notice published as required for initial adoption of the annual […]

Section 404 – Amendment to a project area plan.

Effective 5/4/2022 11-65-404. Amendment to a project area plan. (1) The lake authority may amend a project area plan by following the same procedure under this part as applies to the adoption of a project area plan. (2) The provisions of this part apply to the lake authority’s adoption of an amendment to a project […]

Section 405 – Project area budget.

Effective 5/4/2022 11-65-405. Project area budget. (1) Before the lake authority may use authority funds to implement the management plan, the authority board shall prepare and adopt a project area budget. (2) The lake authority board may amend an adopted project area budget as and when the lake authority board considers an amendment appropriate. (3) […]