Housing and Transit Reinvestment Zone Committee -- Creation.
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(1) For any housing and transit reinvestment zone proposed under this part, there is created a housing and transit reinvestment zone committee with membership described in Subsection (2).
(2) Each housing and transit reinvestment zone committee shall consist of the following members:
(a) one representative from the Governor's Office of Economic Opportunity, designated by the executive director of the Governor's Office of Economic Opportunity;
(b) one representative from each municipality that is a party to the proposed housing and transit reinvestment zone, designated by the chief executive officer of each respective municipality;
(c) one representative from the Department of Transportation created in Section 72-1-201, designated by the executive director of the Department of Transportation;
(d) one representative from a large public transit district that serves the proposed housing and transit reinvestment zone area, designated by the chair of the board of trustees of a large public transit district;
(e) one representative of each relevant metropolitan planning organization, designated by the chair of the metropolitan planning organization;
(f) one member designated by the president of the Senate;
(g) one member designated by the speaker of the House of Representatives;
(h) one member designated by the chair of the State Board of Education;
(i) one member designated by the chief executive officer of each county affected by the housing and transit reinvestment zone;
(j) one representative designated by the school superintendent from the school district affected by the housing and transit reinvestment zone; and
(k) one representative, representing the largest participating local taxing entity, after the municipality, county, and school district.
(3) The individual designated by the Governor's Office of Economic Opportunity as described in Subsection (2)(a) shall serve as chair of the housing and transit reinvestment zone committee.
(4)
(a) A majority of the members of the housing and transit reinvestment zone committee constitutes a quorum of the housing and transit reinvestment zone committee.
(b) An action by a majority of a quorum of the housing and transit reinvestment zone committee is an action of the housing and transit reinvestment zone committee.
(5) After the Governor's Office of Economic Opportunity receives the results of the analysis described in Section 63N-3-604, and after the Governor's Office of Economic Opportunity has received a request from the submitting municipality or public transit county to submit the housing and transit reinvestment zone proposal to the housing and transit reinvestment zone committee, the Governor's Office of Economic Opportunity shall notify each of the entities described in Subsection (2) of the formation of the housing and transit reinvestment zone committee.
(6)
(a) The chair of the housing and transit reinvestment zone committee shall convene a public meeting to consider the proposed housing and transit reinvestment zone.
(b) A meeting of the housing and transit reinvestment zone committee is subject to Title 52, Chapter 4, Open and Public Meetings Act.
(7)
(a) The proposing municipality or public transit county shall present the housing and transit reinvestment zone proposal to the housing and transit reinvestment zone committee in a public meeting.
(b) The housing and transit reinvestment zone committee shall:
(i) evaluate and verify whether the elements of a housing and transit reinvestment zone described in Subsections 63N-3-603(2) and (4) have been met; and
(ii) evaluate the proposed housing and transit reinvestment zone relative to the analysis described in Subsection 63N-3-604(2).
(8) The housing and transit reinvestment zone committee may:
(a) request changes to the housing and transit reinvestment zone proposal based on the analysis described in Section 63N-3-604; or
(b) vote to approve or deny the proposal.
(9) If approved by the committee:
(a) the proposed housing and transit reinvestment zone is established according to the terms of the housing and transit reinvestment zone proposal; and
(b) affected local taxing entities are required to participate according to the terms of the housing and transit reinvestment zone proposal.
(10) A housing and transit reinvestment zone proposal may be amended by following the same procedure as approving a housing and transit reinvestment zone proposal.