Utah Administrative Code
Topic - Administrative Services
Title R23 - Facilities Construction and Management
Rule R23-22 - Disposal of Division owned Property - Qualified Proposal Requirements
Section R23-22-3 - Requirements for Qualified Proposals
Current through Bulletin 2024-06, March 15, 2024
(1) For sales of vacant division-owned property, the division may require a qualified proposal to propose a minimum acceptable purchase price, to be established by the division.
(2) For leases of vacant division-owned property, the division may require a qualified proposal to propose a minimum acceptable rent, to be established by the division, as well as proposed lease term, options for extension, if any, and material lease terms and conditions.
(3) A written proposal submitted by a local government entity or public purpose nonprofit entity shall explain the public purpose for which the local government entity or public purpose nonprofit entity seeks a transfer or lease of the vacant division-owned property to be a qualified proposal.
(4) To be a qualified proposal, a written proposal shall address how the written proposal, if accepted and implemented, provides a material benefit to the state.