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Senate Approves $126.25 Million General-Obligation Bond Package for University and State Projects

Utah State Senate · February 23, 2001
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Summary

The Utah Senate approved Senate Bill 2 authorizing $126,250,000 in general-obligation bonds to finance highway projects and facility expansions including University of Utah hospital and Huntsman Cancer Institute work; the bill passed the Senate 24-1 and will go to the House.

The Utah Senate voted to approve Senate Bill 2, a general-obligation bond authorization that would permit the state to issue debt to finance highway and capital projects, including expansions at the University of Utah.

Senator Evans, who presented the measure, said the bill "authorizes a hundred and $26,250,000 in general obligation highway bonds to be repaid over 15 years" and also authorizes debt for an expansion to…

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