AGENCY: Treasurer

SERIES: 22000
TITLE: School bond guaranty program records
DATES: i 1992-1997.
ARRANGEMENT: none

DESCRIPTION: These records from Zion's Bank document the creation of the constitutional amendment and its implementing statute, the Utah School Bond Guaranty Act. Zion's Bank is the Financial Advisor to the State under contract with the State Treasurer's Office. They consulted with the Treasurer, the Constitutional Revision Commission, and the Legislature on the merits of the amendment and statute. The idea for this constitutional amendment originated at Zion's Bank and they worked for its passage. The Act, introduced in the Legislature by Senator Lyle W. Hillyard, took effect 1 January 1997 and authorized the State of Utah to guarantee the general obligation bonds of local school districts that they use to construct school buildings. The records include press releases, meeting minutes, correspondence, and research reports.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

FORMAT MANAGEMENT

Paper: Retain in State Archives permanently with authority to weed.

APPRAISAL

Historical

These records provide information on the history of the School Bond Guaranty Act.

PRIMARY DESIGNATION

Public

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