University of Utah OKs $80M bond for Rice-Eccles expansion
SALT LAKE CITY (AP) — The University of Utah board of trustees approved an $80 million bonding plan to upgrade and expand the school’s football stadium.
The board voted unanimously Tuesday to approve athletic revenue covering the bond debt apart from any state funding.
The Utes have sold out 56 consecutive football games at Rice-Eccles Stadium, which has a capacity of about 46,000 — although, with standing room, the school announced 47,825 for Michigan’s visit in 2015.
University of Utah Athletics Director Mark Harlan says the expansion would bring the capacity to more than 51,000 seats, including premium seating in the south end zone, with terraces, loges and suites.
Construction is set to begin after the 2020 football season and be completed in August 2021.
Harlan says the project also will be supported by $35 million in private donations.