Search results
Results From The WOW.Com Content Network
To finance the projects, Kansas would issue Sales Tax and Revenue, or STAR, bonds that are backed by future anticipated tax revenues from the stadiums and surrounding development.
The Kansas Department of Commerce, which would ultimately need to approve any STAR bond project, indicated the agency is highly unlikely to grant a 100% bond-financed project.
Kansas City, Kansas, officials told The Star of successful projects the county has seen come to life, including major growth on the western end of the county driven in part by STAR bonds. The ...
STAR bonds have been a controversial program used over the past two decades to build projects large and small across the state. It financed the Kansas Speedway, arguably the most successful use of ...
The law authorizes Kansas to potentially issue STAR bonds to pay for up to 70% of the cost of stadiums for one or both teams – up from the 50% in current law. A Chiefs stadium alone could cost ...
STAR bonds were used to develop the Kansas Speedway in Wyandotte County, a project generally seen as a model use of the program, and were also used to build Children’s Mercy Park where Sporting ...
The Legislature did exactly this in 2021 and found only three of the 16 STAR bond projects examined met ... To finance a $2-3 billion Chiefs stadium with STAR bonds, Kansas Republicans would need ...
STAR bonds have a controversial history in Kansas and have never been used on the scale contemplated by the legislation, which would have allowed bond proceeds to pay for 100% of stadium project ...