From Deseret News archives:

Real deal off, mayor says

Corroon can't stomach soccer stadium funding

Published: Thursday, May 4, 2006 12:12 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Randy Sant, the city's economic-development director, said he was surprised by the announcement. "We feel that Salt Lake County's decision was premature, based on incomplete financial assessments," Sant said.

Corroon said he is still willing to work with Real. The county went through 19 different versions of the original funding plan, but because of high interest payments, none of the plans worked. If someone can come up with a plan to funnel hotel tax dollars to the stadium without costing the county millions, Corroon said he's more than willing to look at it.

The County Council is also interested in exploring other funding plans.

"Two months ago this seemed like a done deal. Not anymore," councilman Mark Crockett said. "This project had merit and still has merit. I would encourage the team to look at other funding models."

But additional funding plans are few and far between.

One option is putting a general obligation bond on the already-crowded November ballot. However, the County Council would have to approve it before the issue goes to voters. Waiting for voter approval would push back stadium construction indefinitely, Corroon said.

Story continues below
For Sandy's part, officials in the city of 90,000 say they have stuck to the original funding plan of $35 million from the county and $10 million from the city. Sandy could not contribute additional RDA funds, because based on the cost of the stadium, state law caps Sandy's RDA money at approximately $10 million.

"We haven't been working on other plans," Sant said.

The city, county and Real have a partnership to build the stadium, Sant said. "But the other partner has not sat down with us to look at other funding options," he added, referring to the county.

Councilman Joe Hatch said possible Sandy funding options should be looked at before the county stops all negotiations with Real.

"I'm not going to defend Real at all," Hatch said. "They've done six or seven really silly things. I call them chowderheads."

"What I'm most concerned about is not Real," he added. "I'm most concerned about our relationship with Sandy city. If there isn't a deal, I want it not because Salt Lake County didn't try its damnedest, not because Sandy city didn't try its damnedest, but because Real didn't try its damnedest."

Bad blood between the county and Real this week had nothing to do with Corroon's decision, Hatch said. Real officials were upset with the county after the team's financial data was leaked to the media last week.

Comments

You can be the first to comment on this story.

Image
Deseret Morning News graphic

previousnext

Latest comments

watch out for next year for sure, the negatives are just closet (and...

And something else, I generally follow players from the state schools when...

I could care less that Max Hall said what he did. The feeling is mutual BYU...

BYU is champion of the state

Dear Max, probably could have done without that comment. Probably would've...

Hall mouths off about hate of Utah

As a Utah fan, let me first say congratulations to Max Hall, the Cougars, and...

Geno's and Pat's are good.. but, they are mostly for tourists, the real...

Hall mouths off about hate of Utah

(You even got a middle initial... how's that for 'ya Max) It's nice to see...

Air Up There, The

Even today, I still cannot get enough of this movie or Charles Gitonga Maina....

Cougars beat Utes in overtime

...disappointed with Max Hall's comments that he hates everything about UofU....

Over the last few days I read comments of people complaining about tasteless...

Advertisements