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(Salt Lake City-AP) -- Salt Lake City Mayor Rocky Anderson says he's not sold on UTOPIA.
A copyright story in The Salt Lake Tribune says the mayor sent a memo to Salt Lake City council members yesterday saying the city already has many of the services UTOPIA would offer and he's not sure the city should risk taxpayers' money.
UTOPIA stands for Utah Telecommunications Open Infrastructure Agency. The 540 (m) million dollar fiber-optic plan would need participating cities to fork out tax revenue in order to get lower interest rates on bonds needed to build the network.
South Jordan has pulled out of the plan. But ten other cities have pledged to back their share of UTOPIA's debt.
The Salt Lake City Council will hold a public hearing tonight on the project. A vote is expected April 13.
(Copyright 2004 by The Associated Press. All Rights Reserved.)
