From Deseret News archives:
Sandy supports Real deal
While Sandy Mayor Tom Dolan has been a strong advocate for the stadium and immersed in the details of those plans, the City Council has been out of the loop, and its backing of the project has been questioned.
But the unanimous pledge by council members made it clear they support the public/private partnership to build the $110 million stadium and adjoining hotel and broadcast studio.
The resolution cited economic impact, high youth soccer participation, a strong commercial center around the South Towne and Jordan Commons business district, and significant growth in the valley as reasons to pass the resolution.
"Now, therefore, be it resolved that the mayor and City Council of Sandy City do strongly support the process for a public/private partnership that will result in the construction of the Real Salt Lake soccer stadium and its planned surrounding development in Sandy City," the resolution states.
"We have a proposal that Real has agreed to," Salt Lake County Mayor Peter Corroon said Tuesday. "One of the things I would like to see is whether they can live up to the terms of the agreement. If Real says they'll give us 50 cents of ticket revenue based on 20,000 seats, we want to see if that's going to happen."
In August, Corroon shook hands with Real officials and gave his support to a deal that would give the team $30 million in hotel-tax revenue to help build the stadium. Sandy has pledged an additional $15 million in redevelopment agency funds. The stadium is expected to cost $110 million.
The entire deal, however, depends on a review of the team's finances by both an independent consultant and the Debt Review Committee.
Five months after the August agreement, the financial reviews are finally gaining momentum. The independent consultant's report is due back Thursday, and the County Council has asked the Debt Review Committee to try to make a recommendation by next Tuesday.
County treasurer Larry Richardson, who serves as the Debt Review Committee's chairman, said a recommendation probably won't be ready by then.
Comments
- D-Will, Price sit out Jazz practice 1:11 p.m.
- Utah Jazz: 2010 NBA All-Star ballot 1:09 p.m.
- Ex-astronaut pleads guilty in attack 1:01 p.m.
- Mo. governor's mansion lockdown 1:01 p.m.
- Clinton to Dems: pass health bill 12:55 p.m.
- Deseret Book moves from Orem mall 12:52 p.m.
- Ed chief wants to redo appointment 12:50 p.m.
- No bail for accused cop shooter 12:48 p.m.
- Flu appointment full in 15 minutes 12:47 p.m.
- Dodd: Gov't can prevent crash 12:46 p.m.
- Utah group finds homes for orphans
- Senators want food tax restored
- Jazz blow big lead, hang on
- Soccer MVPs know how to win
- Y. tight ends talented tandem
- Utes get extra motivation
- Alta's Ohai is Ms. Soccer 2009
- Pratt pleads not guilty to sex charges
- Price injured; Miles has cast removed
- Mitchell seeks to block witnesses
- House passes health care bill
242 - TCU showdown has big implications
185 - Lobo suspended
182 - Cougars crush hapless Cowboys
155 - Senators want food tax restored
136 - Utah Jazz fall apart against Kings
131 - Thousands protest health bill
120 - TCU 4th in AP poll; U. 16th, Y. 22nd
119 - No 'backlash' for pioneers, gays analogy
104 - RSL rallies to advance
103
Applebee's Neighborhood Grill & Bar restaurants nationwide will honor...
Meghan McCain, the daughter of former presidential candidate John...
Brothers and Sisters, Let us not be so quick to judge either party. We...
Senator Bennett is a member of the minority party who at the moment has very...
I think this is standard procedure in lots of cases. Doesn't mean he's...
Timpview had kafausi when the played pg
as soon as he comes back,resign Korver and groom Matthews to be our 2 of the...
To Observer55, it is hard not to lose some of an adoptees heritage when they...
I think BYU's disregard for the post came when BYU brought on it's first JC...
Pulling their key players was the right thing to do. Cougar fans don't hate...
A Imman not “their Imman,” I know its hard to tell the difference...
Dude your reasoning is so sound and logical. Yes, let's cancel all sports at...



You can be the first to comment on this story.