63B-10-302 - Other revenue bond authorizations. - Utah Statutes

63B-10-302. Other revenue bond authorizations.
(1) It is the intent of the Legislature that the State Building Ownership Authority, underthe authority of Title 63B, Chapter 1, Part 3, State Building Ownership Authority Act, may issueor execute obligations to provide up to $12,000,000 for the construction of a 36-hole golf courseat Soldier Hollow in the Wasatch Mountain State Park, including necessary facilities such as aclubhouse, restroom facilities, and maintenance facilities, together with additional amountsnecessary to:
(a) pay costs of issuance;
(b) pay capitalized interest; and
(c) fund any debt service reserve requirements.
(2) The State Building Ownership Authority shall work cooperatively with the Divisionof Parks and Recreation in the design and construction of the golf course at Soldier Hollow.

Amended by Chapter 382, 2008 General Session