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2012 Utah Code
Title 17D - Limited Purpose Local Government Entities - Other Entities
Article 1 - Special Service District Act
Section 504 - Pledge of revenues to pay for bonds.
Universal Citation:
UT Code ยง 17D-1-504 (2012)
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17D-1-504. Pledge of revenues to pay for bonds.
Bonds may be payable from and secured by the pledge of all or any specified part of:
(1) the revenues to be derived by the special service district from providing its services and from the operation of its facilities and other properties;
(2) sales and use taxes, property taxes, and other taxes;
(3) federal, state, or local grants;
(4) in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and
(5) other money legally available to the special service district.
Enacted by Chapter 360, 2008 General Session
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