Utah HB0535 modifies the process for disposing of public property by local governmental entities.

Utah HB0535 amends the process for disposing of public property by local governmental entities. It defines "dispose" as selling, conveying, donating, or permanently changing ownership of real property. The bill requires local governmental entities to determine if public property constitutes a "significant parcel," defined as real property valued at $500,000 or more. For significant parcels, the governing body must approve disposal in a public meeting, disclosing details such as the proposed purchaser and price.

Utah HB0535 modifies the process for disposing of public property by local governmental entities.

Utah HB0535 amends the process for disposing of public property by local governmental entities. It defines "dispose" as selling, conveying, donating, or permanently changing ownership of real property. The bill requires local governmental entities to determine if public property constitutes a "significant parcel," defined as real property valued at $500,000 or more. For significant parcels, the governing body must approve disposal in a public meeting, disclosing details such as the proposed purchaser and price.