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House adopts resolution enabling sale of Winter Sports Park if Utah secures 2002 Olympic bid
Summary
The House adopted a second substitute of Senate Joint Resolution 17 to allow sale of the Winter Sports Park and related facilities if Salt Lake City wins the 2002 Olympic bid; the resolution creates a foundation to hold and operate facilities and earmarks media funds, but members expressed concerns about future liability, property tax treatment and the contingent nature of the deal.
The Utah House adopted a second substitute to Senate Joint Resolution 17, a measure enabling the sale of Winter Sports Park facilities and associated venues conditioned on Salt Lake City winning the 2002 Winter Olympics bid.
Representative Tanner, who led floor discussion, said the resolution would permit the state to sell Olympic facilities and receive approximately $99,000,000 of media funding, of which $59,000,000 would be returned…
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