(1) There is created a special revenue fund within the Transportation Fund known as the "County of the First Class Highway Projects Fund."

(2) The fund consists of money generated from the following revenue sources: (a) any voluntary contributions received for new construction, major renovations, and improvements to highways within a county of the first class; (b) the portion of the sales and use tax described in Subsection 59-12-2214(3)(b) deposited in or transferred to the fund; (c) the portion of the sales and use tax described in Section 59-12-2217 deposited in or transferred to the fund; and (d) a portion of the local option highway construction and transportation corridor preservation fee imposed in a county of the first class under Section 41-1a-1222 deposited in or transferred to the fund.

(a) any voluntary contributions received for new construction, major renovations, and improvements to highways within a county of the first class;

(b) the portion of the sales and use tax described in Subsection 59-12-2214(3)(b) deposited in or transferred to the fund;

(c) the portion of the sales and use tax described in Section 59-12-2217 deposited in or transferred to the fund; and

(d) a portion of the local option highway construction and transportation corridor preservation fee imposed in a county of the first class under Section 41-1a-1222 deposited in or transferred to the fund.

(3) (a) The fund shall earn interest. (b) All interest earned on fund money shall be deposited into the fund.

(a) The fund shall earn interest.

(b) All interest earned on fund money shall be deposited into the fund.

(4) The executive director shall use the fund money only: (a) to pay debt service and bond issuance costs for bonds issued under Sections 63B-16-102, 63B-18-402, and 63B-27-102; (b) for right-of-way acquisition, new construction, major renovations, and improvements to highways within a county of the first class and to pay any debt service and bond issuance costs related to those projects, including improvements to a highway located within a municipality in a county of the first class where the municipality is located within the boundaries of more than a single county; (c) for the construction, acquisition, use, maintenance, or operation of: (i) an active transportation facility for nonmotorized vehicles; (ii) multimodal transportation that connects an origin with a destination; or (iii) a facility that may include a: (A) pedestrian or nonmotorized vehicle trail; (B) nonmotorized vehicle storage facility; (C) pedestrian or vehicle bridge; or (D) vehicle parking lot or parking structure; (d) for fiscal year 2012-13 only, to pay for or to provide funds to a municipality or county to pay for a portion of right-of-way acquisition, construction, reconstruction, renovations, and improvements to highways described in Subsections 72-2-121.4(7), (8), and (9); (e) to transfer to the 2010 Salt Lake County Revenue Bond Sinking Fund created by Section 72-2-121.3 the amount required in Subsection 72-2-121.3(4)(c) minus the amounts transferred in accordance with Subsection 72-2-124(4)(a)(iv); (f) for a fiscal year beginning on or after July 1, 2013, to pay debt service and bond issuance costs for $30,000,000 of the bonds issued under Section 63B-18-401 for the projects described in Subsection 63B-18-401(4)(a); (g) for a fiscal year beginning on or after July 1, 2013, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund, to transfer an amount equal to 50% of the revenue generated by the local option highway construction and transportation corridor preservation fee imposed under Section 41-1a-1222 in a county of the first class: (i) to the legislative body of a county of the first class; and (ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws; (h) for fiscal year 2015 only, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to transfer an amount equal to the remainder of the revenue available in the fund for the 2015 fiscal year: (i) to the legislative body of a county of the first class; and (ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws; (i) for fiscal year 2015-16 only, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to transfer an amount equal to $25,000,000: (i) to the legislative body of a county of the first class; and (ii) to be used by the county for the purposes described in this section; (j) for a fiscal year beginning on or after July 1, 2015, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to annually transfer an amount equal to up to 42.5% of the sales and use tax revenue imposed in a county of the first class and deposited into the fund in accordance with Subsection 59-12-2214(3)(b) to: (i) the appropriate debt service or sinking fund for the repayment of bonds issued under Section 63B-27-102; and (ii) the Transportation Fund created in Section 72-2-102 until $28,079,000 has been deposited into the Transportation Fund; (k) for a fiscal year beginning on or after July 1, 2018, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j)(i) and (ii) have been made, to annually transfer 20% of the amount deposited into the fund under Subsection (2)(b) to a public transit district in a county of the first class to fund a system for public transit; (l) for a fiscal year beginning on or after July 1, 2018, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j)(i) and (ii) have been made, to annually transfer 20% of the amount deposited into the fund under Subsection (2)(b): (i) to the legislative body of a county of the first class; and (ii) to fund parking facilities in a county of the first class that facilitate significant economic development and recreation and tourism within the state; (m) for the 2018-19 fiscal year only, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j) through (l) have been made, to transfer $12,000,000 to the Department of Transportation to distribute for the following projects: (i) $2,000,000 to West Valley City for highway improvement to 4100 South; (ii) $1,000,000 to Herriman for highway improvements to Herriman Boulevard from 6800 West to 7300 West; (iii) $1,100,000 to South Jordan for highway improvements to Grandville Avenue; (iv) $1,800,000 to Riverton for highway improvements to Old Liberty Way from 13400 South to 13200 South; (v) $1,000,000 to Murray City for highway improvements to 5600 South from State Street to Van Winkle; (vi) $1,000,000 to Draper for highway improvements to Lone Peak Parkway from 11400 South to 12300 South; (vii) $1,000,000 to Sandy City for right-of-way acquisition for Monroe Street; (viii) $900,000 to South Jordan City for right-of-way acquisition and improvements to 10200 South from 2700 West to 3200 West; (ix) $1,000,000 to West Jordan for highway improvements to 8600 South near Mountain View Corridor; (x) $700,000 to South Jordan right-of-way improvements to 10550 South; and (xi) $500,000 to Salt Lake County for highway improvements to 2650 South from 7200 West to 8000 West; and (n) for a fiscal year beginning after the amount described in Subsection (4)(j) has been repaid to the Transportation Fund until fiscal year 2030, or sooner if the amount described in Subsection (4)(j)(ii) has been repaid, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, and after the bonds under Section 63B-27-102 have been repaid, to annually transfer an amount equal to up to 42.5% of the sales and use tax revenue imposed in a county of the first class and deposited into the fund in accordance with Subsection 59-12-2214(3)(b): (i) to the legislative body of a county of the first class; and (ii) to be used by the county for the purposes described in this section.

(a) to pay debt service and bond issuance costs for bonds issued under Sections 63B-16-102, 63B-18-402, and 63B-27-102;

(b) for right-of-way acquisition, new construction, major renovations, and improvements to highways within a county of the first class and to pay any debt service and bond issuance costs related to those projects, including improvements to a highway located within a municipality in a county of the first class where the municipality is located within the boundaries of more than a single county;

(c) for the construction, acquisition, use, maintenance, or operation of: (i) an active transportation facility for nonmotorized vehicles; (ii) multimodal transportation that connects an origin with a destination; or (iii) a facility that may include a: (A) pedestrian or nonmotorized vehicle trail; (B) nonmotorized vehicle storage facility; (C) pedestrian or vehicle bridge; or (D) vehicle parking lot or parking structure;

(i) an active transportation facility for nonmotorized vehicles;

(ii) multimodal transportation that connects an origin with a destination; or

(iii) a facility that may include a: (A) pedestrian or nonmotorized vehicle trail; (B) nonmotorized vehicle storage facility; (C) pedestrian or vehicle bridge; or (D) vehicle parking lot or parking structure;

(A) pedestrian or nonmotorized vehicle trail;

(B) nonmotorized vehicle storage facility;

(C) pedestrian or vehicle bridge; or

(D) vehicle parking lot or parking structure;

(d) for fiscal year 2012-13 only, to pay for or to provide funds to a municipality or county to pay for a portion of right-of-way acquisition, construction, reconstruction, renovations, and improvements to highways described in Subsections 72-2-121.4(7), (8), and (9);

(e) to transfer to the 2010 Salt Lake County Revenue Bond Sinking Fund created by Section 72-2-121.3 the amount required in Subsection 72-2-121.3(4)(c) minus the amounts transferred in accordance with Subsection 72-2-124(4)(a)(iv);

(f) for a fiscal year beginning on or after July 1, 2013, to pay debt service and bond issuance costs for $30,000,000 of the bonds issued under Section 63B-18-401 for the projects described in Subsection 63B-18-401(4)(a);

(g) for a fiscal year beginning on or after July 1, 2013, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund, to transfer an amount equal to 50% of the revenue generated by the local option highway construction and transportation corridor preservation fee imposed under Section 41-1a-1222 in a county of the first class: (i) to the legislative body of a county of the first class; and (ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws;

(i) to the legislative body of a county of the first class; and

(ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws;

(A) highway construction, reconstruction, or maintenance projects; or

(B) the enforcement of state motor vehicle and traffic laws;

(h) for fiscal year 2015 only, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to transfer an amount equal to the remainder of the revenue available in the fund for the 2015 fiscal year: (i) to the legislative body of a county of the first class; and (ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws;

(i) to the legislative body of a county of the first class; and

(ii) to be used by a county of the first class for: (A) highway construction, reconstruction, or maintenance projects; or (B) the enforcement of state motor vehicle and traffic laws;

(A) highway construction, reconstruction, or maintenance projects; or

(B) the enforcement of state motor vehicle and traffic laws;

(i) for fiscal year 2015-16 only, and after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to transfer an amount equal to $25,000,000: (i) to the legislative body of a county of the first class; and (ii) to be used by the county for the purposes described in this section;

(i) to the legislative body of a county of the first class; and

(ii) to be used by the county for the purposes described in this section;

(j) for a fiscal year beginning on or after July 1, 2015, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, to annually transfer an amount equal to up to 42.5% of the sales and use tax revenue imposed in a county of the first class and deposited into the fund in accordance with Subsection 59-12-2214(3)(b) to: (i) the appropriate debt service or sinking fund for the repayment of bonds issued under Section 63B-27-102; and (ii) the Transportation Fund created in Section 72-2-102 until $28,079,000 has been deposited into the Transportation Fund;

(i) the appropriate debt service or sinking fund for the repayment of bonds issued under Section 63B-27-102; and

(ii) the Transportation Fund created in Section 72-2-102 until $28,079,000 has been deposited into the Transportation Fund;

(k) for a fiscal year beginning on or after July 1, 2018, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j)(i) and (ii) have been made, to annually transfer 20% of the amount deposited into the fund under Subsection (2)(b) to a public transit district in a county of the first class to fund a system for public transit;

(l) for a fiscal year beginning on or after July 1, 2018, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j)(i) and (ii) have been made, to annually transfer 20% of the amount deposited into the fund under Subsection (2)(b): (i) to the legislative body of a county of the first class; and (ii) to fund parking facilities in a county of the first class that facilitate significant economic development and recreation and tourism within the state;

(i) to the legislative body of a county of the first class; and

(ii) to fund parking facilities in a county of the first class that facilitate significant economic development and recreation and tourism within the state;

(m) for the 2018-19 fiscal year only, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(e), the payment under Subsection (4)(f), and the transfers under Subsections (4)(j) through (l) have been made, to transfer $12,000,000 to the Department of Transportation to distribute for the following projects: (i) $2,000,000 to West Valley City for highway improvement to 4100 South; (ii) $1,000,000 to Herriman for highway improvements to Herriman Boulevard from 6800 West to 7300 West; (iii) $1,100,000 to South Jordan for highway improvements to Grandville Avenue; (iv) $1,800,000 to Riverton for highway improvements to Old Liberty Way from 13400 South to 13200 South; (v) $1,000,000 to Murray City for highway improvements to 5600 South from State Street to Van Winkle; (vi) $1,000,000 to Draper for highway improvements to Lone Peak Parkway from 11400 South to 12300 South; (vii) $1,000,000 to Sandy City for right-of-way acquisition for Monroe Street; (viii) $900,000 to South Jordan City for right-of-way acquisition and improvements to 10200 South from 2700 West to 3200 West; (ix) $1,000,000 to West Jordan for highway improvements to 8600 South near Mountain View Corridor; (x) $700,000 to South Jordan right-of-way improvements to 10550 South; and (xi) $500,000 to Salt Lake County for highway improvements to 2650 South from 7200 West to 8000 West; and

(i) $2,000,000 to West Valley City for highway improvement to 4100 South;

(ii) $1,000,000 to Herriman for highway improvements to Herriman Boulevard from 6800 West to 7300 West;

(iii) $1,100,000 to South Jordan for highway improvements to Grandville Avenue;

(iv) $1,800,000 to Riverton for highway improvements to Old Liberty Way from 13400 South to 13200 South;

(v) $1,000,000 to Murray City for highway improvements to 5600 South from State Street to Van Winkle;

(vi) $1,000,000 to Draper for highway improvements to Lone Peak Parkway from 11400 South to 12300 South;

(vii) $1,000,000 to Sandy City for right-of-way acquisition for Monroe Street;

(viii) $900,000 to South Jordan City for right-of-way acquisition and improvements to 10200 South from 2700 West to 3200 West;

(ix) $1,000,000 to West Jordan for highway improvements to 8600 South near Mountain View Corridor;

(x) $700,000 to South Jordan right-of-way improvements to 10550 South; and

(xi) $500,000 to Salt Lake County for highway improvements to 2650 South from 7200 West to 8000 West; and

(n) for a fiscal year beginning after the amount described in Subsection (4)(j) has been repaid to the Transportation Fund until fiscal year 2030, or sooner if the amount described in Subsection (4)(j)(ii) has been repaid, after the department has verified that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund and the transfer under Subsection (4)(f) has been made, and after the bonds under Section 63B-27-102 have been repaid, to annually transfer an amount equal to up to 42.5% of the sales and use tax revenue imposed in a county of the first class and deposited into the fund in accordance with Subsection 59-12-2214(3)(b): (i) to the legislative body of a county of the first class; and (ii) to be used by the county for the purposes described in this section.

(i) to the legislative body of a county of the first class; and

(ii) to be used by the county for the purposes described in this section.

(5) The revenues described in Subsections (2)(b), (c), and (d) that are deposited in the fund and bond proceeds from bonds issued under Sections 63B-16-102, 63B-18-402, and 63B-27-102 are considered a local matching contribution for the purposes described under Section 72-2-123.

(6) The additional administrative costs of the department to administer this fund shall be paid from money in the fund.

(7) Notwithstanding any statutory or other restrictions on the use or expenditure of the revenue sources deposited into this fund, the Department of Transportation may use the money in this fund for any of the purposes detailed in Subsection (4).

(8) (a) For a fiscal year beginning on or after July 1, 2018, at the end of each fiscal year, after all programmed payments and transfers authorized or required under this section have been made, on July 30 the department shall transfer the remainder of the money in the fund to the Transportation Fund to reduce the amount owed to the Transportation Fund under Subsection (4)(j)(ii). (b) The department shall provide notice to a county of the first class of the amount transferred in accordance with this Subsection (8).

(a) For a fiscal year beginning on or after July 1, 2018, at the end of each fiscal year, after all programmed payments and transfers authorized or required under this section have been made, on July 30 the department shall transfer the remainder of the money in the fund to the Transportation Fund to reduce the amount owed to the Transportation Fund under Subsection (4)(j)(ii).

(b) The department shall provide notice to a county of the first class of the amount transferred in accordance with this Subsection (8).

(9) (a) Any revenue in the fund that is not specifically allocated and obligated under this section is subject to the review process described in this Subsection (9). (b) A county of the first class shall create a county transportation advisory committee as described in Subsection (9)(c) to review proposed transportation and, as applicable, public transit projects and rank projects for allocation of funds. (c) The county transportation advisory committee described in Subsection (9)(b) shall be composed of the following 13 members: (i) six members who are residents of the county, nominated by the county executive and confirmed by the county legislative body who are: (A) members of a local advisory council of a large public transit district as defined in Section 17B-2a-802; (B) county council members; or (C) other residents with expertise in transportation planning and funding; and (ii) seven members nominated by the county executive, and confirmed by the county legislative body, chosen from mayors or managers of cities or towns within the county. (d) (i) A majority of the members of the county transportation advisory committee constitutes a quorum. (ii) The action by a quorum of the county transportation advisory committee constitutes an action by the county transportation advisory committee. (e) The county body shall determine: (i) the length of a term of a member of the county transportation advisory committee; (ii) procedures and requirements for removing a member of the county transportation advisory committee; (iii) voting requirements of the county transportation advisory committee; (iv) chairs or other officers of the county transportation advisory committee; (v) how meetings are to be called and the frequency of meetings, but not less than once annually; and (vi) the compensation, if any, of members of the county transportation advisory committee. (f) The county shall establish by ordinance criteria for prioritization and ranking of projects, which may include consideration of regional and countywide economic development impacts, including improved local access to: (i) employment; (ii) recreation; (iii) commerce; and (iv) residential areas. (g) The county transportation advisory committee shall evaluate and rank each proposed public transit project and regionally significant transportation facility according to criteria developed pursuant to Subsection (9)(f). (h) (i) After the review and ranking of each project as described in this section, the county transportation advisory committee shall provide a report and recommend the ranked list of projects to the county legislative body and county executive. (ii) After review of the recommended list of projects, as part of the county budgetary process, the county executive shall review the list of projects and may include in the proposed budget the proposed projects for allocation, as funds are available. (i) The county executive of the county of the first class, with information provided by the county and relevant state entities, shall provide a report annually to the county transportation advisory committee, and to the mayor or manager of each city, town, or metro township in the county, including the following: (i) the amount of revenue received into the fund during the past year; (ii) any funds available for allocation; (iii) funds obligated for debt service; and (iv) the outstanding balance of transportation-related debt.

(a) Any revenue in the fund that is not specifically allocated and obligated under this section is subject to the review process described in this Subsection (9).

(b) A county of the first class shall create a county transportation advisory committee as described in Subsection (9)(c) to review proposed transportation and, as applicable, public transit projects and rank projects for allocation of funds.

(c) The county transportation advisory committee described in Subsection (9)(b) shall be composed of the following 13 members: (i) six members who are residents of the county, nominated by the county executive and confirmed by the county legislative body who are: (A) members of a local advisory council of a large public transit district as defined in Section 17B-2a-802; (B) county council members; or (C) other residents with expertise in transportation planning and funding; and (ii) seven members nominated by the county executive, and confirmed by the county legislative body, chosen from mayors or managers of cities or towns within the county.

(i) six members who are residents of the county, nominated by the county executive and confirmed by the county legislative body who are: (A) members of a local advisory council of a large public transit district as defined in Section 17B-2a-802; (B) county council members; or (C) other residents with expertise in transportation planning and funding; and

(A) members of a local advisory council of a large public transit district as defined in Section 17B-2a-802;

(B) county council members; or

(C) other residents with expertise in transportation planning and funding; and

(ii) seven members nominated by the county executive, and confirmed by the county legislative body, chosen from mayors or managers of cities or towns within the county.

(d) (i) A majority of the members of the county transportation advisory committee constitutes a quorum. (ii) The action by a quorum of the county transportation advisory committee constitutes an action by the county transportation advisory committee.

(i) A majority of the members of the county transportation advisory committee constitutes a quorum.

(ii) The action by a quorum of the county transportation advisory committee constitutes an action by the county transportation advisory committee.

(e) The county body shall determine: (i) the length of a term of a member of the county transportation advisory committee; (ii) procedures and requirements for removing a member of the county transportation advisory committee; (iii) voting requirements of the county transportation advisory committee; (iv) chairs or other officers of the county transportation advisory committee; (v) how meetings are to be called and the frequency of meetings, but not less than once annually; and (vi) the compensation, if any, of members of the county transportation advisory committee.

(i) the length of a term of a member of the county transportation advisory committee;

(ii) procedures and requirements for removing a member of the county transportation advisory committee;

(iii) voting requirements of the county transportation advisory committee;

(iv) chairs or other officers of the county transportation advisory committee;

(v) how meetings are to be called and the frequency of meetings, but not less than once annually; and

(vi) the compensation, if any, of members of the county transportation advisory committee.

(f) The county shall establish by ordinance criteria for prioritization and ranking of projects, which may include consideration of regional and countywide economic development impacts, including improved local access to: (i) employment; (ii) recreation; (iii) commerce; and (iv) residential areas.

(i) employment;

(ii) recreation;

(iii) commerce; and

(iv) residential areas.

(g) The county transportation advisory committee shall evaluate and rank each proposed public transit project and regionally significant transportation facility according to criteria developed pursuant to Subsection (9)(f).

(h) (i) After the review and ranking of each project as described in this section, the county transportation advisory committee shall provide a report and recommend the ranked list of projects to the county legislative body and county executive. (ii) After review of the recommended list of projects, as part of the county budgetary process, the county executive shall review the list of projects and may include in the proposed budget the proposed projects for allocation, as funds are available.

(i) After the review and ranking of each project as described in this section, the county transportation advisory committee shall provide a report and recommend the ranked list of projects to the county legislative body and county executive.

(ii) After review of the recommended list of projects, as part of the county budgetary process, the county executive shall review the list of projects and may include in the proposed budget the proposed projects for allocation, as funds are available.

(i) The county executive of the county of the first class, with information provided by the county and relevant state entities, shall provide a report annually to the county transportation advisory committee, and to the mayor or manager of each city, town, or metro township in the county, including the following: (i) the amount of revenue received into the fund during the past year; (ii) any funds available for allocation; (iii) funds obligated for debt service; and (iv) the outstanding balance of transportation-related debt.

(i) the amount of revenue received into the fund during the past year;

(ii) any funds available for allocation;

(iii) funds obligated for debt service; and

(iv) the outstanding balance of transportation-related debt.