2006 Utah Code - 17C-1-207 — Public entities may assist with urban renewal, economic development, or community development project.

     17C-1-207.   Public entities may assist with urban renewal, economic development, or community development project.
     (1) In order to assist and cooperate in the planning, undertaking, construction, or operation of an urban renewal, economic development, or community development project located within the area in which it is authorized to act, a public entity may:
     (a) (i) cause to be furnished adjacent to or in connection with an urban renewal, economic development, or community development project:
     (A) parks, playgrounds, or other recreational facilities;
     (B) community, educational, water, sewer, or drainage facilities; or
     (C) any other works which the public entity is otherwise empowered to undertake;
     (ii) furnish, dedicate, close, vacate, pave, install, grade, regrade, plan, or replan streets, roads, roadways, alleys, sidewalks, or other places;
     (iii) plan or replan, zone or rezone any part of a project area and make any legal exceptions from building regulations and ordinances;
     (iv) purchase or legally invest in any of the bonds of an agency and exercise all of the rights of any holder of the bonds;
     (v) enter into an agreement with another public entity concerning action to be taken pursuant to any of the powers granted in this title;
     (vi) do any and all things necessary to aid or cooperate in the planning or carrying out of an urban renewal, economic development, or community development project;
     (vii) in connection with the project area plan, become obligated to the extent authorized and funds have been made available to make required improvements or construct required structures; and
     (viii) lend, grant, or contribute funds to an agency for an urban renewal, economic development, or community development project; and
     (b) 15 days after posting public notice:
     (i) purchase or otherwise acquire property or lease property from an agency; or
     (ii) sell, grant, convey, or otherwise dispose of the public entity's property or lease the public entity's property to an agency.
     (2) Notwithstanding any law to the contrary, an agreement under Subsection (1)(a)(v) may extend over any period.
     (3) A grant or contribution of funds from a public entity to an agency is not subject to the requirements of Section 10-8-2.

Renumbered and Amended by Chapter 359, 2006 General Session