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Utah Code Title 63N. Economic Opportunity Act § 63N-3-1404. Application for approval as a project participant in a project area

Current as of January 01, 2025 | Updated by Findlaw Staff

A person that seeks to have a local government create a project area under this part, and to be a project participant within that project area, shall provide a local government with a written application that certifies that the applicant:

(1) is a party to a franchise agreement;

(2) is or will be operating the team that is subject to the franchise agreement:

(a) in an existing qualified stadium located within the project area to be created; or

(b) in a new qualified stadium that will be located within the project area;

(3) shows the existing and, as applicable, the proposed location and footprint of the qualified stadium;

(4) lists any public funds that are currently being received by, or are authorized to be received by:

(a) the applicant; or

(b) any major professional sports league team that is owned or operated by the applicant; and

(5) any proposals or information related to the application, including specific details about the franchise agreement or plans for a qualified stadium, a proposed boundary for the project area, proposals for land or stadium ownership arrangements or stadium revenue-sharing arrangements, or plans or requests for urban renewal or reconstruction.

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Cite this article: FindLaw.com - Utah Code Title 63N. Economic Opportunity Act § 63N-3-1404. Application for approval as a project participant in a project area - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63n-economic-opportunity-act/ut-code-sect-63n-3-1404/

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