\n\t\t\t\t\t\tThe Unified Government of Wyandotte County and Kansas City, Kansas, on Thursday approved a STAR bond district for a new Kansas City Chiefs stadium and entertainment district in Wyandotte County. Thursday’s 7-3 vote allows the UG to pledge certain local sales, use, and hotel taxes generated within the STAR Bonds district to help repay bonds issued by the state. The proposed stadium and entertainment district would be built near State Avenue within a 236-acre district generally bounded by 118th Street and 126th Street.Tax collections within the designated area would be treated as \u201ctax increment\u201d and eligible to be pledged for bond repayment for up to 30 years.Pledged revenues include:The city\u2019s general sales and use tax not already committed by voters (currently 1%).The UG\u2019s share of the county general sales and use tax not already committed by voters (currently 1%).Transient guest (hotel) tax receipts within the area, up to an 8% rate, minus the state\u2019s administrative fee. “We extend our appreciation to Mayor Christal Watson and the Wyandotte County Board of Commissioners for their support of the STAR bond initiative for the new Kansas City Chiefs stadium in Wyandotte County,” the Chiefs said in a statement. “We\u2019re grateful for the process and remain very excited for the collaboration with Wyandotte County to build on this partnership.”You can watch Thursday’s full vote below: The vote came after a tense public hearing session earlier this week in Wyandotte County. Unified Government Commissioner Melissa Bynum said Thursday she believes there is support for the project, saying the vast majority of over 500 emails she received was in support. “What I don’t know is who all those people are,” she said. “I have no way of verifying all of those names. I do know quite a few of those names I saw in those emails were local people that I personally know. I believe there is support for this project.” Unified Government Commissioner Philip Lopez was one of three commissioners who opposed the move. “I’ve had a lot of sleepless nights up doing my calculations, and I just don’t feel like we have all the information,” Lopez said. Several taxes will be excluded from the project, including the UG\u2019s emergency medical services sales tax, its public safety and neighborhood infrastructure sales tax, voter-dedicated taxes, revenues from other special taxing districts, and any taxes generated outside the base revenue area.This is a developing story. Refresh this page for updates.\n\t\t\t\t\t<\/p>\n
\t\t\t\t\t\tKANSAS CITY, Kan. \u2014 \t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n
The Unified Government of Wyandotte County and Kansas City, Kansas, on Thursday approved a STAR bond district for a new Kansas City Chiefs stadium and entertainment district in Wyandotte County. <\/p>\n
Thursday’s 7-3 vote allows the UG to pledge certain local sales, use, and hotel taxes generated within the STAR Bonds district to help repay bonds issued by the state. <\/p>\n
The proposed stadium and entertainment district would be built near State Avenue within a 236-acre district generally bounded by 118th Street and 126th Street.<\/p>\n
Tax collections within the designated area would be treated as \u201ctax increment\u201d and eligible to be pledged for bond repayment for up to 30 years.<\/p>\n
Pledged revenues include:<\/p>\n
The city\u2019s general sales and use tax not already committed by voters (currently 1%).The UG\u2019s share of the county general sales and use tax not already committed by voters (currently 1%).Transient guest (hotel) tax receipts within the area, up to an 8% rate, minus the state\u2019s administrative fee. <\/p>\n
“We extend our appreciation to Mayor Christal Watson and the Wyandotte County Board of Commissioners for their support of the STAR bond initiative for the new Kansas City Chiefs stadium in Wyandotte County,” the Chiefs said in a statement. “We\u2019re grateful for the process and remain very excited for the collaboration with Wyandotte County to build on this partnership.”<\/p>\n
You can watch Thursday’s full vote below: <\/p>\n
The vote came after a tense public hearing session earlier this week in Wyandotte County. <\/p>\n
Unified Government Commissioner Melissa Bynum said Thursday she believes there is support for the project, saying the vast majority of over 500 emails she received was in support. <\/p>\n
“What I don’t know is who all those people are,” she said. “I have no way of verifying all of those names. I do know quite a few of those names I saw in those emails were local people that I personally know. I believe there is support for this project.” <\/p>\n
Unified Government Commissioner Philip Lopez was one of three commissioners who opposed the move. <\/p>\n
“I’ve had a lot of sleepless nights up doing my calculations, and I just don’t feel like we have all the information,” Lopez said. <\/p>\n
Several taxes will be excluded from the project, including the UG\u2019s emergency medical services sales tax, its public safety and neighborhood infrastructure sales tax, voter-dedicated taxes, revenues from other special taxing districts, and any taxes generated outside the base revenue area.<\/p>\n
This is a developing story. Refresh this page for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"The Unified Government of Wyandotte County and Kansas City, Kansas, on Thursday approved a STAR bond district 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