63A-5-224 - Authority to transfer land for commuter rail station and related development.
63A-5-224. Authority to transfer land for commuter rail station and relateddevelopment.
The division may transfer title to a parcel of land it owns in a county of the first class to apublic transit district for the purpose of facilitating the development of a commuter rail transitstation and associated transit oriented development if:
(1) the parcel is within one mile of the proposed commuter rail transit station andassociated transit oriented development; and
(2) the division receives in return fair and adequate consideration.
Enacted by Chapter 53, 2009 General Session