Utah Code Ann. § 72-2-306

Distribution of funds after repayment.

Effective May 7, 2025Amended by Chapter 502, 2025 General Session
  1. (1) Any money deposited into the fund from repayment of a loan or interest issued under this part shall be distributed as described in this section.
  2. (2) As the department receives repayment of a loan and interest issued under this part, the department shall distribute:

    1. (a) 95% of the money to Sandy, for a bridge connecting a commuter rail station on the west side of I-15 with property owned by Sandy City at approximately 10240 South Monroe Street on the east side of I-15; and
    2. (b) 5% to the department for improvements to 12600 South in Riverton to facilitate a jurisdictional transfer of the road from Riverton to the state.

Amended by Chapter 502, 2025 General Session

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