Utah § 11-42-302 - Contracts for work in an assessment area -- Sources of payment -- Payments as work progresses.

Full text of Utah Utah Code § 11-42-302 — Contracts for work in an assessment area -- Sources of payment -- Payments as work progresses., with citation guidance and answers to common questions.

§ 11-42-302. Contracts for work in an assessment area -- Sources of payment -- Payments as work progresses.

11-42-302.  Contracts for work in an assessment area -- Sources of payment -- Payments as work progresses.
(1) A contract for work in an assessment area or for the purchase of property required to make an improvement in an assessment area may require the contract obligation to be paid from proceeds from the sale of assessment bonds, interim warrants, or bond anticipation notes.
(2)
(a) To the extent that a contract is not paid from the sources stated in Subsection (1), the local entity shall advance funds to pay the contract obligation from other legally available money, according to the requirements of the contract.
(b) A local entity may reimburse itself for an amount paid from its general fund or other funds under Subsection (2)(a) from:
(i) the proceeds from the sale of assessment bonds, interim warrants, or bond anticipation notes; or
(ii) assessments or improvement revenues that are not pledged for the payment of assessment bonds, interim warrants, or bond anticipation notes.
(c) A local entity may not reimburse itself for costs of making an improvement that are properly chargeable to the local entity or for which an assessment may not be levied.
(3)
(a) A contract for work in an assessment area may provide for payments to the contractor as the work progresses.
(b) If a contract provides for periodic payments:
(i) periodic payments may not exceed 90% of the value of the work done to the date of the payment, as determined by estimates of the project engineer; and
(ii) a final payment may be made only after the contractor has completed the work and the local entity has accepted the work.
(c) If a local entity retains money payable to a contractor as the work progresses, the local entity shall retain or withhold and release the money as provided in Section 13-8-5.


Enacted by Chapter 329, 2007 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 11-42-302

What does Utah Code § 11-42-302 cover?

Section 11-42-302 ("Contracts for work in an assessment area -- Sources of payment -- Payments as work progresses.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 11-42-302?

A common citation format is "Utah Code § 11-42-302" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 11-42-302 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

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