Definitions.

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  • (1) "Entity" means a county, city, or private company.
  • (2) "Lease" means a legal contract entered into by the office and a lessor of a rural speculative industrial building before the construction of a rural speculative industrial building.
  • (3) "Program" means the Rural Speculative Industrial Building Program created in Section 63N-4-703.
  • (4) "Rural speculative industrial building" means an industrial facility that is constructed with the support of the program in a rural area and that does not have a private entity tenant at the time construction begins.
  • (5) "Rural area" means any area in a county of the state, except for an area in Salt Lake, Utah, Davis, Weber, Washington, Cache, Tooele, or Summit counties.




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