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Senate creates Salt Lake County parking-structure loan fund using quarter-to-quarter revenues
Summary
First Substitute SB 108 establishes a revolving loan fund for Salt Lake County to support transit-oriented parking structures using a portion of local "quarter-to-quarter" receipts; senators debated whether the change diverts roughly $8 million from transportation priorities.
The Senate on Feb. 24 passed a substituted version of Senate Bill 108 that creates a revolving loan fund for Salt Lake County to support parking structures of regional importance.
Sponsor Senator Cullimore said the fund will come from the county's quarter-to-quarter receipts and be used as a revolving loan fund to make…
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