The Utah Community Impact Board has denied a request for $3.4 million in funding toward a $6 million expansion project at the Sevier Valley Applied Technology Center in Richfield.
But hopes for the money haven't been squelched. The center will present a new proposal to the board May 7 following revision of plans.The educational institution received $2.2 million from the Utah Legislature toward the project and will raise $400,000 locally. But that leaves a deficit of $3.4 million toward constructing a three-story addition that will provide more classroom space, an expanded library, enlarged food service capacity and a community center.
The board voiced concern that if it approved all of the money requested by the technology center, it would deplete funds for other projects. Other bonding money in the center's proposals also conflicted with federal tax laws.
"Now we're just trying to work out a different funding scheme," said Kim Blackburn, the center's assistant director. "CIB members are very supportive of the project, but they're just not sure how to finance the entire thing."
Blackburn said a new approach to the financing will request funding in two phases, hoping to obtain half of the money this year and the balance in 1993. "It makes it more feasible and palatable if we spread it out over two years."
He added that all of the money isn't needed now "but we need the commitment."
Technology center officials are expected to contract with an architect by May 1, requiring about eight months to complete the plans. Construction isn't expected to begin for another year.
Blackburn said a fund-raising committee is being organized.