Utah Code § 17C-6-301: Private-public partnerships for a zone.

(1) A person that seeks to enter into a private-public partnership with an agency shall provide the agency with an application that:

(a) demonstrates the applicant is qualified to operate, in whole or in part, a project within the zone; and

(b) provides any additional information required by the creating entity or agency.

(2) An agency may enter into a private-public partnership:

(a) if, after reviewing the application described in Subsection (1), the agency determines a private-public partnership will promote the objectives of the zone; and

(b) through an agreement described in this section.

(3) An agreement to create a private-public partnership between a person and an agency may:

(a) establish or recognize an ownership interest in the project for the person, in consideration of the person's financial investment in the project;

(b) establish an ownership interest in the project for the agency or agency's creating entity, in consideration of the public's financial investment in the project; or

(c) create a lease between the person and the agency.