From Deseret News archives:

Sandy to offer new proposal on stadium finances

Published: Saturday, June 17, 2006 9:47 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Sandy officials will formally present their plan for financing a soccer stadium to the Salt Lake County Council on June 27.

The city has been trying to find a way to fund a permanent home for Real Salt Lake since Mayor Peter Corroon denied the team's initial plan. Corroon said he sifted through nearly 20 funding options but said none of them was an appropriate use of tax dollars.

Now the city says it has found a way to satisfy Corroon's demands.

Real needs $45 million in public dollars to help finance construction costs for the stadium and wants the county to chip in $35 million to $41 million in hotel room tax dollars.

Randy Sant, Sandy's economic development director, said this week that Sandy officials hope they can bridge the gap between the time Real needs public funding and the year hotel-tax revenue is available again.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

No, students are NOT safe from predators. If a parent wants to make sure...

If you really think Mormon's are mainstream, you must not have paid attention...

I don't see the schools presidents voting to get rid of WYM or NM, even...

Big games keep UHSAA coffers full

why people complain about how football is covered by the media too much. when...

A little perspective is not a bad thing. Notice the Cougar's won loss record...

I actually was encouraged by some aspects of the game. Any Utah fan who has...

A story about Mormons as minorities? In this paper? Get over the "victim"...

she was an awesome woman someone i looked up to when i was younger she was...

Relieved Cougs prep for Falcons

Wow you just made one of the dumbest comments I've heard yet. Fire Bronco????...

Photos: A Royal welcome home

Re: Huh?, You like many other haters are probably oblivious to many obvious...

Advertisements
Advertisement