53A-2-402 - Definitions. - Utah Statutes

53A-2-402. Definitions.
As used in this part:
(1) "Eligible entity" means:
(a) a city or town with a population density of 3,000 or more people per square mile; or
(b) a county whose unincorporated area includes a qualifying township.
(2) "Purchase price" means the greater of:
(a) an amount that is the average of:
(i) the appraised value of the surplus property, based on the predominant zone in thesurrounding area, as indicated in an appraisal obtained by the eligible entity; and
(ii) the appraised value of the surplus property, based on the predominant zone in thesurrounding area, as indicated in an appraisal obtained by the school district; and
(b) the amount the school district paid to acquire the surplus property.
(3) "Qualifying township" means a township under Section 17-27a-306 that has apopulation density of 3,000 or more people per square mile within the boundaries of thetownship.
(4) "Surplus property" means land owned by a school district that:
(a) was purchased with taxpayer money;
(b) is located within a city or town that is an eligible entity or within a qualifyingtownship;
(c) consists of one contiguous tract at least three acres in size; and
(d) has been declared by the school district to be surplus.

Enacted by Chapter 339, 2006 General Session