Lawmakers may seek partial takeover of Utah Transit Authority
A task force created by the Legislature is pushing for the state to take significant control of the scandal-plagued, now-independent Utah Transit Authority.But to what degree that occurs depends largely on the damage such a move might do to the state’s now-perfect credit rating. After all, UTA has amassed $2 billion in debt as it recently built new rail lines — and plans more borrowing soon.“This is a huge change,” Sen. Wayne Harper, R-Taylorsville, co-chairman of the Tra
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