Funding for RSL Stadium
One option available to Salt Lake City to help finance a stadium is the SEA Sales Tax mechanism. SEA (Sports, Entertainment, and Art) takes sales taxes generated by a new sports, entertainment, or arts facility (soccer stadium) and returns it to the entity that made the investment in the facility. It's like an RDA but with sales tax increment rather than property tax increment. Although the emergence of this plan gives downtown Salt Lake new hope of landing the RSL stadium, this option is also open to arch- rival Sandy and there still appears to be no organized plan for Salt Lake City to make this happen.