2006 Utah Code - 53A-21-102 — Capital Outlay Foundation Program -- Enrollment Growth Program -- Loan Program.

     53A-21-102.   Capital Outlay Foundation Program -- Enrollment Growth Program -- Loan Program.
     (1) The Capital Outlay Foundation Program and the Enrollment Growth Program are established to provide revenues to school districts for the purposes of capital outlay bonding, construction, and renovation.
     (2) The Capital Outlay Loan Program is established to provide:
     (a) short-term help to school districts to meet district needs for school building construction and renovation; and
     (b) assistance to charter schools to meet school building construction and renovation needs.
     (3) School districts shall use the monies provided to them under the programs established by this section solely for school district capital outlay and debt service purposes.

Amended by Chapter 199, 2003 General Session
Amended by Chapter 320, 2003 General Session