From Deseret News archives:
A goundbreaking day: 'This is the place,' Checketts says of decision to build Sandy stadium
International soccer superstar David Beckham joined a handful of local leaders Saturday to turn the first shovel of dirt at the team's future home in Sandy.
Although a funding deal is not done yet, Checketts said he took a "leap of faith" that he can come to some sort of an agreement with the county soon.
"There are details that still have to be worked out, but sooner or later you have to make a go or no-go decision," Checketts said. "And today was my deadline, and I took a leap of faith. I put my trust in our leaders that details will be worked out."
The deal came at the last possible minute as Saturday was Checketts' self-imposed deadline to secure public funding for a stadium. If nothing was hammered out by Saturday's exhibition game against Real Madrid, Checketts said he would sell the team. He received up to seven offers from investors across the nation interested in buying the team and moving it to their respective cities.
Under that plan, the county and the city of Sandy would give the team $55 million in public subsidies to build a soccer-specific stadium in Sandy. The county would use $20 million in hotel-room taxes to help build infrastructure at the stadium, with Sandy paying $15 million in redevelopment agency funds. The team would also share with the South Towne Exposition Center a $20 million parking garage that would be built on the west side of State Street.
However, the deal isn't done yet.
"It's the mayor's intention that any Salt Lake County money only go to public land and infrastructure and not for the stadium or the ground under the stadium," Willmore said. "That's been his position from day one, and he's not going to change that now."
That means those tax dollars would go toward public improvements, such as sidewalks and sewer lines.
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