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The proposal before lawmakers would make that change permanent, potentially adding roughly $10 million a year or more into the fund. ... STAR Bonds Bill Summary by The Kansas City Star ...
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 ...
The legislation authorizes Kansas to potentially issue Sales Tax and Revenue, or 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.
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 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.
STAR bonds were used to develop the Kansas Speedway in Wyandotte County, a project generally seen as a model use of the program, that helped spur the development of the Legends. Not every project ...
The Kansas City Chiefs and Royals ... Tarwater also pointed to STAR Bond's success in large-scale sports projects, as well as the revenue generated by the Chiefs and the civic pride in retaining ...
Past STAR bonds have been unrated, but Kansas would face pressure to have the bonds rated for a large issue of $700 million or more. Because the bonds are backed solely by future anticipated sales ...