2011 Utah Code
Title 63B Bonds
Chapter 18 2009 Bonding and Financing Authorizations
Section 302 Authorizations to lease or dispose of property.

63B-18-302. Authorizations to lease or dispose of property.
(1) The Legislature intends that:
(a) the Division of Facilities Construction and Management, acting in coordination with the Utah State Fair Corporation, may negotiate with the Utah Transit Authority for a long-term lease of land, or a license for long-term use of land, to the Utah Transit Authority at the State Fairpark; and
(b) before entering into a contract with the Utah Transit Authority, the division shall:
(i) obtain the approval of the State Building Board; and
(ii) the State Building Board may approve the agreement only if the division demonstrates that the contract terms agree with Section 63A-5-306 and will be a benefit to the state.
(2) The Legislature intends that:
(a) the Department of Workforce Services may, in coordination with the Division of Facilities Construction and Management, sell a Temporary Placement Office in Salt Lake City, Utah, and three vacated buildings in Logan, Utah; and
(b) sales shall be at fair market value.