Post by Logan on Jun 15, 2016 18:53:30 GMT -6
State looking to build new 10,000-seat, $17M arena at Utah Fairpark with help from Mormon church
Utah lawmakers and the LDS Church are looking to build a new 10,000-seat arena at the state Fairpark at a cost of about $17 million.
The Legislature shows some urgency about building the facility, with a special legislative session envisioned to allocate the $10 million in state funds that would be needed so work could begin.
The Church of Jesus Christ of Latter-day Saints has offered to contribute $3 million. Salt Lake City and Salt Lake County, under the plan, would spend about $3 million on the project. Other money would come from private donors.
"This has the potential to generate about $1 million in revenue, which is good for the state and good for the Fairpark," said Rep. Sandra Hollins, D-Salt Lake City, whose district includes the 65-acre Fairpark about two miles from downtown. The money would be reinvested to renovate and upgrade some of the 25 buildings on the grounds, many of them dilapidated.
Read more: www.sltrib.com/news/4010676-155/state-looking-to-build-new-10000-seat
Utah lawmakers and the LDS Church are looking to build a new 10,000-seat arena at the state Fairpark at a cost of about $17 million.
The Legislature shows some urgency about building the facility, with a special legislative session envisioned to allocate the $10 million in state funds that would be needed so work could begin.
The Church of Jesus Christ of Latter-day Saints has offered to contribute $3 million. Salt Lake City and Salt Lake County, under the plan, would spend about $3 million on the project. Other money would come from private donors.
"This has the potential to generate about $1 million in revenue, which is good for the state and good for the Fairpark," said Rep. Sandra Hollins, D-Salt Lake City, whose district includes the 65-acre Fairpark about two miles from downtown. The money would be reinvested to renovate and upgrade some of the 25 buildings on the grounds, many of them dilapidated.
Read more: www.sltrib.com/news/4010676-155/state-looking-to-build-new-10000-seat