Section 102 – Transportation bonds — Maximum amount — Use for transportation projects and related facilities.
Effective 5/5/2021 63B-31-102. Transportation bonds — Maximum amount — Use for transportation projects and related facilities. (1) (a) Subject to the restriction in Subsection (1)(c), the total amount of bonds issued under this section may not exceed $20,000,000. (b) When the Department of Transportation certifies to the commission the amount of bond proceeds that the […]
Section 103 – Transportation bonds — Maximum amount — Use for State Infrastructure Bank Fund loans.
Effective 5/4/2022 63B-31-103. Transportation bonds — Maximum amount — Use for State Infrastructure Bank Fund loans. (1) (a) Subject to the restriction in Subsection (1)(c), the total amount of bonds issued under this section may not exceed $30,000,000. (b) When the Department of Transportation certifies to the commission the amount of bond proceeds that the […]
Section 101 – General obligation bonds — Maximum amount — Use of proceeds for projects.
Effective 5/28/2021 63B-31-101. General obligation bonds — Maximum amount — Use of proceeds for projects. (1) (a) Subject to the restriction in Subsection (1)(c), the total amount of bonds issued under this section may not exceed $264,000,000 for acquisition and construction proceeds, plus additional amounts as provided in Subsection (1)(b). (b) When the Department of […]