(21) "Post-designation parcel" means a parcel within a project area after the transition date for that parcel. (22) "Pre-designation parcel" means a parcel within a project area before the transition date for that parcel. (23) "Professional sports league" means a group of major league sports teams that have formed a league for the major league sports teams to compete against one another. (24) "Project area" means land described in a project area plan or draft project area plan, where the development project set forth in the project area plan or draft project area plan takes place or is proposed to take place. (25) "Project area budget" means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to the project area. (26) "Project area plan" means a written plan that, after the plan's effective date, guides and controls the development within a project area. (27) "Property tax" includes each levy on an ad valorem basis on tangible or intangible personal or real property. (28) "Public entity" means: (a) the state, including each department, division, or other agency of the state; or (b) a county, city, town, school district, special district, special service district, interlocal cooperation entity, community reinvestment agency, or other political subdivision of the state, including the fairpark district. (29) (a) "Public infrastructure and improvements" means infrastructure, improvements, facilities, or buildings that: (i) (A) benefit the public and are owned by a public entity or a utility; or (B) benefit the public and are publicly maintained or operated by a public entity; or (ii) (A) are privately owned; (B) benefit the public; (C) as determined by the board, provide a substantial benefit to the development and operation of a project area; and (D) are built according to applicable design and safety standards. (b) "Public infrastructure and improvements" includes: (i) facilities, lines, or systems that provide: (A) water, chilled water, or steam; or (B) sewer, storm drainage, natural gas, electricity, energy storage, renewable energy, microgrids, or telecommunications service; (ii) streets, roads, curbs, gutters, sidewalks, walkways, solid waste facilities, parking facilities, rail lines, intermodal facilities, multimodal facilities, and public transportation facilities; (iii) a qualified stadium; (iv) public trails and pathways associated with and rehabilitation of and improvements to the Jordan River; (v) agricultural and related exhibit facilities on fair park land; and (vi) hotels, hospitality facilities, eating establishments, convention facilities, and other related facilities. (30) "Qualified owner" means an owner of at least 65 contiguous acres of privately owned land within the fairpark district boundary, or the owner's affiliate. (31) (a) "Qualified stadium" means a stadium: (i) within the fairpark district boundary; (ii) with a minimum capacity of 30,000 spectators; and (iii) that will primarily be used as the home of a major league sports team. (b) "Qualified stadium" includes parking structures or facilities, lighting facilities, plazas, and open space associated with a stadium described in Subsection (31)(a). (32) "Shapefile" means the digital vector storage format for storing geometric location and associated attribute information. (33) "Stadium contribution" means the principal amount of bonds that the district issues to pay for the development and construction of a qualified stadium, plus any other amount the district pays toward the development and construction of a qualified stadium. (34) "State fair purposes" means the purposes for the use of fair park land related to the fair park authority's management, supervision, and control over a state fair and related events and activities. (35) "State-owned land" means: (a) fair park land; and (b) other state land. (36) "Taxable value" means the value of property as shown on the last equalized assessment roll. (37) "Taxing entity" means the same as that term is defined in Section 59-2-102, excluding a public infrastructure district that the fairpark district creates under Title 17D, Chapter 4, Public Infrastructure District Act. (38) "Transition date" means the date indicated in a designation resolution after which the parcel that is the subject of the designation resolution becomes a post-designation parcel.
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