State, Sandy specify terms for Real S.L.

The state and Sandy's terms for Real to receive $35 million of Salt Lake County hotels taxes call for the team to:

• Acquire 29 acres of land, sell it to Sandy, then lease it back from the city.

• Construct 1,000 on-site parking stalls, and add 1,000 more stalls within two years.

• Build a 20,000-seat, $110 million soccer stadium.

• Stay in the state for 25 years or pay back bonds.

• Reconstruct portions of the street and storm lines around the site.
  Related article

  • Sandy outlines Real accord

  From the archive

  • Sandy-Real Salt Lake talks nearing conclusion – Aug. 8, 2007
  • Sandy OKs 2 stadium steps – June 21, 2007
• Help pay for the construction of a trail on the east side of the stadium.

• Market Sandy and Utah in promotional and advertising materials.

• Give Sandy the right to consider and approve naming rights on the stadium.

• Let Sandy use the stadium free, four times a year.

• Provide Sandy a 12-person suite for every event, free of charge.

• Donate 500 tickets per game to charity, giving preference to organizations in Sandy.

• Make players and coaches available, free of charge, for community events and appearances to promote soccer.

• Build a soccer academy in Utah and make "best efforts" to locate it in Sandy.

• Maintain company headquarters in Salt Lake County, with preference given to Sandy.