UT SB0225

Utah Inland Port Authority must maintain an official boundary delineation of its jurisdictional land and may adjust boundaries for "split properties" (parcels partly inside/outside the boundary) with municipal consent, recording adjustments with the county recorder

Project area boundary descriptions may now include parcel numbers, property identification numbers, GIS boundary files, or metes and bounds narratives in addition to legal descriptions

Executive director may issue written "designation orders" (replacing board resolutions) to establish transition dates and trigger dates for parcels, which determine when property tax differential payments to the authority commence

Property tax differential cannot be used as a business recruitment incentive for new or expanded commercial/industrial development within authority jurisdictional land if the development exceeds the maximum daily potable water use permitted by the local municipal water provider's ordinances or policies

State Fair Park Authority receives additional procurement exemptions for concessions providers and for fair park land development when the developer is a qualified owner under the Utah Fairpark Area Investment and Restoration District provisions