(1) An agency shall: (a) approve and adopt an interlocal agreement described in Section 17C-5-204 at an open and public meeting; and (b) provide a notice of the meeting titled "Diversion of Property Tax for a Community Reinvestment Project Area."

(a) approve and adopt an interlocal agreement described in Section 17C-5-204 at an open and public meeting; and

(b) provide a notice of the meeting titled "Diversion of Property Tax for a Community Reinvestment Project Area."

(2) (a) Upon the execution of an interlocal agreement described in Section 17C-5-204, the agency shall provide notice of the execution by: (i) (A) publishing or causing to be published a notice in a newspaper of general circulation within the agency's boundaries; or (B) if there is no newspaper of general circulation within the agency's boundaries, causing the notice to be posted in at least three public places within the agency's boundaries; and (ii) publishing or causing the notice to be published on the Utah Public Notice Website created in Section 63F-1-701. (b) A notice described in Subsection (2)(a) shall include: (i) a summary of the interlocal agreement; and (ii) a statement that the interlocal agreement: (A) is available for public inspection and the hours for inspection; and (B) authorizes the agency to receive all or a portion of a taxing entity's tax increment or sales and use tax revenue.

(a) Upon the execution of an interlocal agreement described in Section 17C-5-204, the agency shall provide notice of the execution by: (i) (A) publishing or causing to be published a notice in a newspaper of general circulation within the agency's boundaries; or (B) if there is no newspaper of general circulation within the agency's boundaries, causing the notice to be posted in at least three public places within the agency's boundaries; and (ii) publishing or causing the notice to be published on the Utah Public Notice Website created in Section 63F-1-701.

(i) (A) publishing or causing to be published a notice in a newspaper of general circulation within the agency's boundaries; or (B) if there is no newspaper of general circulation within the agency's boundaries, causing the notice to be posted in at least three public places within the agency's boundaries; and

(A) publishing or causing to be published a notice in a newspaper of general circulation within the agency's boundaries; or

(B) if there is no newspaper of general circulation within the agency's boundaries, causing the notice to be posted in at least three public places within the agency's boundaries; and

(ii) publishing or causing the notice to be published on the Utah Public Notice Website created in Section 63F-1-701.

(b) A notice described in Subsection (2)(a) shall include: (i) a summary of the interlocal agreement; and (ii) a statement that the interlocal agreement: (A) is available for public inspection and the hours for inspection; and (B) authorizes the agency to receive all or a portion of a taxing entity's tax increment or sales and use tax revenue.

(i) a summary of the interlocal agreement; and

(ii) a statement that the interlocal agreement: (A) is available for public inspection and the hours for inspection; and (B) authorizes the agency to receive all or a portion of a taxing entity's tax increment or sales and use tax revenue.

(A) is available for public inspection and the hours for inspection; and

(B) authorizes the agency to receive all or a portion of a taxing entity's tax increment or sales and use tax revenue.

(3) An interlocal agreement described in Section 17C-5-204 is effective the day on which the notice described in Subsection (2) is published or posted in accordance with Subsection (2)(a).

(4) (a) Within 30 days after the day on which the interlocal agreement is effective, a person may contest the interlocal agreement or the procedure used to adopt the interlocal agreement if the interlocal agreement or procedure fails to comply with a provision of this title. (b) After the 30-day period described in Subsection (4)(a) expires, a person may not contest: (i) the interlocal agreement; (ii) a distribution of tax increment to the agency under the interlocal agreement; or (iii) the agency's use of project area funds under the interlocal agreement.

(a) Within 30 days after the day on which the interlocal agreement is effective, a person may contest the interlocal agreement or the procedure used to adopt the interlocal agreement if the interlocal agreement or procedure fails to comply with a provision of this title.

(b) After the 30-day period described in Subsection (4)(a) expires, a person may not contest: (i) the interlocal agreement; (ii) a distribution of tax increment to the agency under the interlocal agreement; or (iii) the agency's use of project area funds under the interlocal agreement.

(i) the interlocal agreement;

(ii) a distribution of tax increment to the agency under the interlocal agreement; or

(iii) the agency's use of project area funds under the interlocal agreement.

(5) A taxing entity that enters into an interlocal agreement under Section 17C-5-204 shall make a copy of the interlocal agreement available to the public at the taxing entity's office for inspection and copying during normal business hours.