Section 17B-2a-1301 - DefinitionsAs used in this part:
(1) "Assessment bond" means the same as that term is defined in Section 11-42-102.(2) "Board" means the board of trustees of an infrastructure financing district.(3) "Designated expansion area" means an area that is:(a) outside and contiguous to the original district boundary; and(b) designated and described in a governing document as an area that may be subject to future annexation to the infrastructure financing district.(4) "Governing document" means a document described in Section 17B-2a-1303.(5) "Original district boundary" means the boundary of an infrastructure financing district as described in the approved final local entity plat, as defined in Section 67-1a-6.5.(6)(a) "Public infrastructure and improvements" means infrastructure, improvements. facilities, or buildings that: (i) benefit the public; and(ii)(A) are or will be owned by a public entity or a utility; or(B) are publicly maintained or operated by a public entity. (b) "Public infrastructure and improvements" includes facilities, lines, or systems that provide: (i) sewer, storm drainage, natural gas, electricity, energy storage, renewable energy, micro grids, or telecommunications service:(ii) streets, roads, curb, gutter, sidewalk, solid waste facilities, parking facilities, or public transportation facilities; and(iii) green space, parks, trails, recreational amenities, or other similar facilities.(c) "Public infrastructure and improvements" does not include any infrastructure. improvements, facilities, or buildings owned or to be owned by a private person. including a homeowner association.(7) "Residential district" means an infrastructure financing district that contains or is projected to contain owner-occupied residential units within the boundary of the infrastructure financing district.Added by Chapter TBD, 2024 General Session ,§ 54, eff. 5/1/2024.