63N-23-804. Application for approval as a project participant in a project area.

219 words·~1 min read·/ut/title-63n/chapter-23/63n-23-804

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/6/2026

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.

Renumbered and Amended by Chapter 94 , 2026 General Session