53G-4-901. Definitions.
230 words·~1 min read·
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Effective 11/6/2025
53G-4-901. Definitions.
As used in this part:
(1)"Eligible entity" means:
(a)a city or town with a population density of 3,000 or more people per square mile; or
(b)a county whose unincorporated area includes a qualifying planning advisory area.
(2)"Purchase price" means the greater of:
(a)an amount that is the average of:
(i)the appraised value of the surplus property, based on the predominant zone in the surrounding area, as indicated in an appraisal obtained by the eligible entity; and
(ii)the appraised value of the surplus property, based on the predominant zone in the surrounding area, as indicated in an appraisal obtained by the school district; and
(b)the amount the school district paid to acquire the surplus property.
(3)"Qualifying planning advisory area" means a planning advisory area under Section 17-79-303 that has a population density of 3,000 or more people per square mile within the boundaries of the planning advisory area.
(4)"Surplus property" means land owned by a school district that:
(a)was purchased with taxpayer money;
(b)is located within a city or town that is an eligible entity or within a qualifying planning advisory area;
(c)consists of one contiguous tract at least three acres in size; and
(d)has been declared by the school district to be surplus.
Amended by Chapter 16 , 2025 Special Session 1