Salt Lake City approves tax break for $125M Jazz arena renovation

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  • Still Jim Bountiful, UT
    May 1, 2017 11:46 a.m.

    Salt Lake has been in the business of subsidizing LHM for several decades now. When the arena was built there was a tax break and bonds issued for it. The city tore down the Salt Palace drum in order to insure that business of that kind would go to LHM. It is interesting that the first thing that happens when it is in need of repairs is that they run to the city once more asking for a handout.

  • Lew Elton Jeppson Salt Lake City, UT
    July 6, 2016 1:32 a.m.

    Viewed from Gochnour's angle the deal makes sense. But here's what the implication is: LHM is being held harmless in property tax as the value of their arena increases. Other property owners aren't to be equally privileged. So the deal is not completely satisfying.

  • Say No to BO Mapleton, UT
    June 15, 2016 1:14 p.m.

    Downtown is a money pit. We've got the arena subsidy and the hotel subsidy. If SLC can't pull its own weight, why take money from the rest of us to help them out?

    Now, if you insist then the city council needs to be more involved in the Jazz. They need to set ticket prices for the games, the price of refreshments, and the player salaries. It's only fair, don't you think? I'm sure Gail will go for that.

  • bennett21 LYMAN, WY
    June 14, 2016 7:34 p.m.

    Yeah but residents playing golf doesn't bring in nearly as much money as the Jazz do. People go downtown to eat and then attend a game 41 times. Whether people like it or not, the Jazz are a huge money maker and the city is rewarding them for what they do for Salt Lake City and the state of Utah.

  • Impartial7 DRAPER, UT
    June 14, 2016 4:42 p.m.

    SLC is closing public golf courses due to an 800K deficit. Now, they're giving Billionaires 22 Million for a private arena? A lot more residents play golf than attend Jazz games.