From Deseret News archives:
Give local officials a red card
As a bond attorney made clear last week, public bodies cannot bond for something they do not own. The city of Sandy had announced it was going to become the site of a new 25,000-seat stadium, and the Sandy mayor had been quoted as saying a Salt Lake County bond originally intended for a parking structure at the South Towne Exposition Center would instead be used to help buy land for a stadium and build a garage that would be attached to it. That garage could be used by expo patrons, even though it would require them to cross a busy street on foot.
But, as the bond attorney made clear, that kind of a scheme would violate state law. It may also violate federal law governing the use of public bonds. The only remedy would be for the county to gain total ownership of the stadium, which isn't something either the county or the soccer team, Real Salt Lake, seems interested in doing.
The parking-garage compromise always was a ruse. To say it would fulfill the purposes of the bond is to stretch credulity and insult taxpayers. Professional soccer will stage about 20 games a year at the stadium. The Exposition Center is in use virtually every weekend, and its current lot is perpetually full. If anything, the fans, not the center's patrons, should be forced to walk across the street.
Utah lawmakers have wisely reduced the ways in which governments can spend money on private stadiums and arenas. They took away the ability to use redevelopment funds, for instance. Not coincidentally, that's the scheme sports executive Peter Wilt is using right now to persuade the people of Milwaukee to build their own 20,000-seat soccer stadium and that city doesn't even have a team yet.
As if following a familiar script, Wilt is talking about how the stadium will be an "economic engine," and of the need to educate people as to its benefits. We have heard much of the same here.
The economic engine part is pure fabrication, as proven by several unbiased studies. As for education, Utah officials obviously could use a bit of that themselves when it comes to the ways in which public bonds can be applied.
Comments
- King Kong figurine sold in UK 1:01 p.m.
- Turkey tips from experts 12:59 p.m.
- 6.8-magnitude quake rattles Tonga 12:57 p.m.
- Police increase presence at Skyline 12:40 p.m.
- Shuttle, crews ready departure 12:37 p.m.
- CPSC: Swift action after crib recall 12:36 p.m.
- Pujols wins 2nd straight NL MVP 12:33 p.m.
- Stocks retreat on reports 12:17 p.m.
- Americans gloomy as holidays begin 12:16 p.m.
- Reports signal modest rebound 12:14 p.m.
- Protests against Phoenix LDS temple
- Utah, BYU are top choices for bowls
- BYU's Lamb, Jorgensen reprimanded
- BYU would like friendlier rivalry
- Best prep football games of 2009
- KSL: Prostitution in Utah County
- Man trapped in own body for 23 yrs
- Kirilenko climbing blocks list
- 'Dancing' will fill out finale
- Fans greet returning Real Salt Lake
- Glenn Beck to enter politics?
220 - RSL wins MLS Cup on penalty kicks
201 - Palin plans tour stop in Utah
178 - Protests against Phoenix LDS temple
152 - BYU would like friendlier rivalry
152 - Bronco, Kyle rubber match
136 - Palin's book shows she's unqualified
134 - BYU records with win
132 - Officer cleared in Cardall Taser case
103 - BYU cuts Women's Research Inst.
103
How is Rio Tinto beneficial? From what I heard, the attendance for the time...
I love USU fans trying to say the WAC is even in the same class as the MWC....
To "AndyDad | 12:26 p.m." according to the experts the amount saved will not...
Win or lose BYU will go to Vegas, It's all about money. Like it or not the...
Ute fans are the worst in the nation.
So you are saying Gay people should just be permentaly in the closet because...
This weed needs to be removed. It is slowly spreading to many ponds and wet...
According to UHSAA rules the first basketball game cannot be played until...
The world's sport is here to say. Sorry football fans.
For Latter-Day Saints who believe in God - a God of miracles, using a seer...


You can be the first to comment on this story.