9-4-628 - Agreement by public body to accept payment from authority in lieu of taxes. - Utah Statutes

9-4-628. Agreement by public body to accept payment from authority in lieu oftaxes.
In connection with any project of a housing authority located wholly or partly within thearea in which any public body is authorized to act, any public body may agree with the housingauthority with respect to the payment by the authority of sums in lieu of taxes for any year orperiod of years that are determined by the authority to be consistent with the maintenance of thelow-rent character of housing projects or the achievement of the purposes of this part.

Renumbered and Amended by Chapter 241, 1992 General Session