Tag: Star Bonds

Kansas legislators to meet Monday about deal to bring Kansas City Chiefs across the state line

Kansas legislative leaders are set to consider a public funding package to attract the Kansas City Chiefs to Kansas, facilitating the construction of a new domed stadium. The deal, involving bonds worth hundreds of millions, could address the Chiefs' potential relocation before their current lease expires in 2031. However, discussions regarding the Royals are not on the agenda.

Kansas lawmakers extend deadline for Chiefs, Royals to accept stadium incentives

Kansas lawmakers extended the deadline for the Kansas City Royals and Chiefs to accept stadium incentive deals until June 30, 2026. The extension allows the Kansas Department of Commerce additional time to present proposals, addressing delays in negotiations. The aim is to prevent disruption during the upcoming legislative session.

Kansas Legislature passes incentive bill to lure Kansas City Chiefs, Royals

Kansas lawmakers passed a bill to offer sales tax revenue to attract the Kansas City Royals and Chiefs to build stadiums across the state line. Governor Kelly expressed support, but critics raised concerns about transparency and economic impact. Despite reservations, legislators voted for the bill, citing potential economic benefits and emotional appeals from the teams.

Kansas bill offers bonding to cover 75% of cost to build Chiefs, Royals stadiums in Kansas

A bill is being presented to Kansas lawmakers aimed at attracting the Kansas City Royals or Kansas City Chiefs by offering bonds to cover 75% of stadium projects with a minimum $1 billion investment. The legislation includes incentives such as a 30-year payback schedule and earmarking revenue from sports gambling and sales tax to cover bond debt. Discussions and lobbying efforts continue among legislators and stakeholders.

Kansas legislative leaders draw up play to lure Kansas City Chiefs away from Missouri

The Kansas Senate president and Kansas House speaker are considering an incentive package to attract the Kansas City Chiefs to a new stadium complex in Kansas. They are exploring the use of STAR bond funding and have reached out to the Chiefs organization. The potential move is seen as an opportunity for economic development.

Kansas Bets On Wrestling Tournaments, Pickleball And Trampolines With $25 Million In Bonds

By Corinne Boyer - Kansas News Service GARDEN CITY, Kansas — On the last day of September, a bulldozer scooped...