Effective 5/4/2022 17D-4-301. Public infrastructure district bonds. (1) (a) Subject to Subsection (1)(b), a public infrastructure district may issue negotiable bonds for the purposes described in Section 17D-4-203, as provided in, as applicable: (i)Title 11, Chapter 14, Local Government Bonding Act; (ii)Title 11, Chapter 27, Utah Refunding Bond Act; (iii)Title 11, Chapter 42, Assessment Area […]
Effective 5/5/2021 17D-4-302. Fees. A public infrastructure district may charge a fee or other charge for an administrative service that the public infrastructure district provides, to pay some or all of the public infrastructure district’s: (1) costs of acquiring, improving, or extending improvements, facilities, or property; or (2) costs associated with the enforcement of a […]
Effective 5/5/2021 17D-4-303. Limits on public infrastructure district property tax levy — Notice requirements. (1) The property tax levy of a public infrastructure district, for all purposes, including payment of debt service on limited tax bonds, may not exceed .015 per dollar of taxable value of taxable property in the district. (2) The limitation described […]
Effective 5/5/2021 17D-4-304. Property tax penalty for nonpayment. In the event of nonpayment of any tax, fee, or charge that a public infrastructure district imposes, the public infrastructure district may impose a property tax penalty at an annual rate of .07, in addition to any other lawful penalty for nonpayment of property tax. Renumbered and […]
Effective 5/5/2021 17D-4-305. Action to contest tax, fee, or proceeding — Requirements — Exclusive remedy — Bonds, taxes, and fees incontestable. (1) A person who contests a tax or fee or any proceeding to create a public infrastructure district, levy a tax, or impose a fee may bring a civil action against the public infrastructure […]