63C-25-101. Definitions.
As used in this chapter:
(1) "Authority" means the same as that term is defined in Section. 63B-1-303
(2) "Bond" means the same as that term is defined in Section. 63B-1-101
(3) "Bonding government entity" means the state or any entity that is authorized to issue bonds under any provision of state law. "Bonding government entity" includes: a bonding political subdivision; and a public infrastructure district that is authorized to issue bonds either directly, or through the authority of a bonding political subdivision or other governmental entity.
(4) "Bonding political subdivision" means: the Utah Inland Port Authority, created in Section; 11-58-201 the Military Installation Development Authority, created in Section; 63H-1-201 the Point of the Mountain State Land Authority, created in Section; 11-59-201 the Utah Lake Authority, created in Section; 11-65-201 the State Fair Park Authority, created in Section; or 11-68-201 the Utah Fairpark Area Investment and Restoration District, created in Section. 11-70-201
(5) "Commission" means the State Finance Review Commission created in Section. 63C-25-201
(6) "Concessionaire" means a person who: operates, finances, maintains, or constructs a government facility under a contract with a bonding political subdivision; and is not a bonding government entity.
(7) "Concessionaire contract" means a contract: between a bonding government entity and a concessionaire for the operation, finance, maintenance, or construction of a government facility; that authorizes the concessionaire to operate the government facility for a term of five years or longer, including any extension of the contract; and in which all or some of the annual source of payment to the concessionaire comes from state funds provided to the bonding government entity.
(8) "Creating entity" means the same as that term is defined in Section. 17D-4-102
(9) "Government facility" means infrastructure, improvements, or a building that: costs more than $5,000,000 to construct; and has a useful life greater than five years.
(10) "Large public transit district" means the same as that term is defined in Section. 17B-2a-802
(11) "Loan entity" means the board, person, unit, or agency with legal responsibility for making a loan from a revolving loan fund.
(12) "Obligation" means the same as that term is defined in Section. 63B-1-303
(13) "Parameters resolution" means a resolution of a bonding government entity that sets forth for proposed bonds: the maximum: amount of bonds; term; and interest rate; and the expected security for the bonds.
(14) "Public infrastructure district" means a public infrastructure district created under Title 17D, Chapter 4, Public Infrastructure District Act.
(15) "Revolving loan fund" means: the Water Resources Conservation and Development Fund, created in Section; 73-10-24 the Water Resources Construction Fund, created in Section; 73-10-8 the Clean Fuel Conversion Funds, created in Title 19, Chapter 1, Part 4, Clean Fuels and Emission Reduction Technology Program Act; the Water Development Security Fund and the Water Development Security Fund's subaccounts, created in Section; 73-10c-5 the Agriculture Resource Development Fund, created in Section; 4-18-106 the Utah Rural Rehabilitation Fund, created in Section; 4-19-105 the Permanent Community Impact Fund, created in Section; 63N-24-503 the Petroleum Storage Tank Fund, created in Section; 19-6-409 the School Building Revolving Account, created in Section; 53F-9-206 the State Infrastructure Bank Fund, created in Section; 72-2-202 the Uintah Basin Revitalization Fund, created in Section; 63N-24-602 the Navajo Revitalization Fund, created in Section; 63N-24-703 the Energy Efficiency Fund, created in Section; 11-45-201 the Brownfields Fund, created in Section; 19-8-120 any of the enterprise revolving loan funds created in Section; 63A-3-402 the Energy Development Infrastructure Fund, created in Section; and 79-6-412 any other revolving loan fund created in statute where the borrower from the revolving loan fund is a public non-profit entity or political subdivision, including a fund listed in Section, from which a loan entity is authorized to make a loan. 63A-3-205
(16) "State funds" means an appropriation by the Legislature identified as coming from the General Fund or Education Fund. "State funds" does not include: a revolving loan fund; or revenues received by a bonding political subdivision from: a tax levied by the bonding political subdivision; a fee assessed by the bonding political subdivision; or operation of the bonding political subdivision's government facility.