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House passes $90 million revenue bond package to fund campus and local projects
Summary
The House approved House Bill 5, a revenue bond bill that commits no state general funds and funds projects including a $90 million cancer clinical research hospital at the University of Utah, several DABC store acquisitions, university parking and research centers, and a Shakespearean theater at Southern Utah University; vote recorded 72–1.
The Utah House on March 3 passed House Bill 5, a revenue bond package authorizing financing for capital projects by using project revenues, fees, donations and grants rather than state general funds.
Representative Garn, who moved the bill to the floor, described three bills from the Capital Facilities Subappropriation Committee consolidated in the package: a revenue bond bill, a general-obligation bond bill and a general-budget bill. He emphasized that projects in this particular revenue bond bill do not use state general funds. Representative Garn outlined the projects and funding amounts: $90,000,000 for acquisition and construction of a cancer clinical research hospital adjacent to the University of Utah; $23,700,000 for acquisition and construction of five Department of Alcoholic Beverage Control (DABC) stores (two in Utah County, one in Washington County, one in Summit County and one in Cedar City); $21,280,000 for design and construction of a campus parking structure at the University of Utah; $15,828,000 for an early childhood education research center at Utah State University; and $5,000,000 for a new Shakespearean theater at Southern Utah University.
Representative Thor thanked subcommittee members and said the committee work produced largely unanimous support. The voting was opened and the Clerk reported House Bill 5 received 72 yes votes and 1 no; the bill will be referred to the Senate for further action.
Representative Garn offered to answer questions on the bill on the floor; none were raised prior to the recorded vote.
