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Governing body required to fix rates to cover district expenses and bonds.
Law
Utah Code
Limited Purpose Local Government Entities - Other Entities
Special Service District Act
Special Service District Bonds
Governing body required to fix rates to cover district expenses and bonds.
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(1) pay the special service district's operating expenses;
(2) provide for repairs and depreciation of works owned or operated by the special service district;
(3) pay the interest on any bonds issued by the special service district; and
(4) provide, as much as practicable, a sinking or other fund to pay the principal of the bonds as they become due.
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