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New state law enables a Convention Center public infrastructure district; petition filed to fund Delta Center and Salt Palace improvements
Summary
Under a new state statute (SB 26), Salt Lake City received a petition to create a Convention Center public infrastructure district (PID) intended to finance Delta Center redevelopment and Salt Palace‑related improvements.
Salt Lake City staff briefed councilors on April 1 about a petition filed under the new state law (SB 26) to create a Convention Center public infrastructure district (PID) that would finance Delta Center/entertainment‑district work and Salt Palace‑adjacent improvements.
Under the statute, a Convention Center PID differs from a traditional development PID: instead of relying only on a special property tax inside a PID boundary, the new PID structure can receive a mix of designated revenue streams — notably a 0.5 cent sales‑and‑use tax authorized under the Capital City Revitalization Zone (CCRZ)/participation agreement and revenues…
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