Section 201.1 – Title.

Effective 5/10/2016 17C-1-201.1. Title. This part is known as “Agency Creation, Powers, and Board.” Enacted by Chapter 350, 2016 General Session

Section 201.5 – Creation of agency — Name change.

Effective 5/10/2016 17C-1-201.5. Creation of agency — Name change. (1) A community legislative body may, by ordinance, create a community reinvestment agency. (2) (a) The community legislative body shall: (i) after adopting an ordinance under Subsection (1), file with the lieutenant governor a copy of a notice, subject to Subsection (2)(b), of an impending boundary […]

Section 202 – Agency powers.

Effective 5/5/2021 17C-1-202. Agency powers. (1) An agency may: (a) sue and be sued; (b) enter into contracts generally; (c) buy, obtain an option upon, acquire by gift, or otherwise acquire any interest in real or personal property; (d) hold, sell, convey, grant, gift, or otherwise dispose of any interest in real or personal property; […]

Section 203 – Agency board — Quorum.

Effective 3/15/2018 17C-1-203. Agency board — Quorum. (1) The governing body of an agency is a board consisting of the current members of the community legislative body. (2) A majority of board members constitutes a quorum for the transaction of agency business. (3) A board may not adopt a resolution, pass a motion, or take […]

Section 204 – Project area development by an adjoining agency — Requirements.

Effective 5/8/2018 17C-1-204. Project area development by an adjoining agency — Requirements. (1) (a) A community, regardless of whether the community has created an agency, may enter into an interlocal agreement with an agency located in the same or an abutting county that authorizes the agency to exercise all the powers granted to an agency […]

Section 205 – Transfer of project area from one community to another.

Effective 5/10/2016 17C-1-205. Transfer of project area from one community to another. (1) As used in this section: (a) “New agency” means the agency created by the new community. (b) “New community” means the community in which the relocated project area is located after the change in community boundaries takes place. (c) “Original agency” means […]

Section 207 – Public entities may assist with project area development.

Effective 7/1/2021 17C-1-207. Public entities may assist with project area development. (1) In order to assist and cooperate in the planning, undertaking, construction, or operation of project area development within an area in which the public entity is authorized to act, a public entity may: (a) (i) provide or cause to be furnished: (A) parks, […]

Section 208 – Agency funds.

Effective 5/10/2016 17C-1-208. Agency funds. (1) Agency funds shall be accounted for separately from the funds of the community that created the agency. (2) An agency may accumulate retained earnings or fund balances, as appropriate, in any fund. Amended by Chapter 350, 2016 General Session

Section 209 – Agency records.

Effective 5/10/2016 17C-1-209. Agency records. An agency shall maintain the agency’s minutes, resolutions, and other records separate from those of the community that created the agency. Enacted by Chapter 350, 2016 General Session