Utah Transit Authority Board of Trustees Regular Meeting Agenda May 2026
UTA authorized 2026 bond payments to Utah County Government
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Description
UTA is authorized to disburse up to $3,373,588 in 2026 to Utah County Government for semiannual bond payments under a 4th Quarter Cent Sales Tax Agreement. As of Q1 2026, no payments have yet been made.
Contract Details
Contract Amount
$3,373,588 (Not to Exceed 2026); $0 disbursed as of 03/31/2026
Vendor
UTAH COUNTY GOVERNMENT
Agency
Utah Transit Authority, UT
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Contract Term
Calendar year 2026; semiannual bond payments due May and November
Renewal Date
2026-12-31
Renewal Info
The authorized not-to-exceed amount applies to 2026 bond service; future years’ obligations will require ongoing board recognition or authorization.
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