Current through Bulletin 2024-20, October 15, 2024
Section R23-22-4 - Benefit to the State CriteriaThe director may consider the following criteria in making a determination whether a proposed use or occupancy, transfer or ownership, or lease of vacant division-owned property provides a material benefit to the state.
(1) The fair market value of the vacant division-owned property.(2) The purchase price, rent, or value of property to be exchanged and financial terms of all qualified proposals.(3) The relative benefits to the state of the proposed uses of the vacant division-owned property as stated in qualified proposals.(4) If the vacant division-owned real property is located within a municipality, comments from the municipality regarding the proposed transaction or, if the vacant division-owned property is not located within a municipality, comments from the county where the vacant division-owned property is located.(5) Comments from the owners of property adjacent to the vacant division-owned property.(6) Comments from affected utilities and local service districts.(7) The compatibility of the proposed uses of the vacant division-owned property with existing uses of adjacent property.(8) Any other factor specific to the proposed transaction which the director determines should be considered as to whether a proposed use or occupancy, transfer or ownership, or lease of vacant division-owned property provides a material benefit to the state.Utah Admin. Code R23-22-4
Amended by Utah State Bulletin Number 2014-24, effective 11/21/2014Amended by Utah State Bulletin Number 2023-04, effective 2/8/2023