\n\t\t\t\t\t\tKansas lawmakers received an update Wednesday from representatives of the Kansas City Chiefs regarding the team’s move to the Sunflower State. Korb Maxwell, an attorney representing the Chiefs, led the Chiefs’ presentation during meetings with the House Committee on Commerce, Labor, and Economic Development and the Senate Commerce Committee. Calling it a “great day to be a Kansas taxpayer,” Maxwell said the team and the state pulled off the agreement “without raising taxes on the Kansas taxpayers.” “This is going to be a historic win for the state,” he said. The STAR bonds package was authorized for 30 years, but Maxwell said there’s a possibility the bonds could be paid off earlier due to development generated by the stadium in Wyandotte County and the headquarters in Olathe. “We likely believe even though there’s been an authorization for a 30-year term, we’re talking about more like paying these bonds off in 20 years or below,” Maxwell said. “It could be under 15 years based on that, and then all of the revenue starts flowing back to the state.” Maxwell said there’s been significant interest from potential developers in opportunities near the proposals in Wyandotte County and Olathe. “The NFL gets very unique entertainment opportunities that want to associate with the NFL and want to associate with the Kansas City Chiefs,” Maxwell said. “Our phones have been ringing off the hook since the Chiefs announced on December 22nd, and we are considering all of those possibilities.” Maxwell said there will be opportunities for the metro area and “beyond.”\n\t\t\t\t\t<\/p>\n
\t\t\t\t\t\tTOPEKA, Kan. \u2014 \t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n
Kansas lawmakers received an update Wednesday from representatives of the Kansas City Chiefs regarding the team’s move to the Sunflower State<\/a>. <\/p>\n Korb Maxwell, an attorney representing the Chiefs, led the Chiefs’ presentation during meetings with the House Committee on Commerce, Labor, and Economic Development and the Senate Commerce Committee. <\/p>\n Calling it a “great day to be a Kansas taxpayer,” Maxwell said the team and the state pulled off the agreement “without raising taxes on the Kansas taxpayers.” <\/p>\n “This is going to be a historic win for the state,” he said. <\/p>\n The STAR bonds package was authorized for 30 years, but Maxwell said there’s a possibility the bonds could be paid off earlier due to development generated by the stadium in Wyandotte County and the headquarters in Olathe. <\/p>\n “We likely believe even though there’s been an authorization for a 30-year term, we’re talking about more like paying these bonds off in 20 years or below,” Maxwell said. “It could be under 15 years based on that, and then all of the revenue starts flowing back to the state.” <\/p>\n Maxwell said there’s been significant interest from potential developers in opportunities near the proposals in Wyandotte County<\/a> and Olathe<\/a>. <\/p>\n “The NFL gets very unique entertainment opportunities that want to associate with the NFL and want to associate with the Kansas City Chiefs,” Maxwell said. “Our phones have been ringing off the hook since the Chiefs announced on December 22nd, and we are considering all of those possibilities.” <\/p>\n Maxwell said there will be opportunities for the metro area and “beyond.”<\/p>\n","protected":false},"excerpt":{"rendered":"Kansas lawmakers received an update Wednesday from representatives of the Kansas City Chiefs regarding the team’s move 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