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Kansas City Council Votes on $600M Royals Stadium Bonds

Published 1 week, 1 day ago
Description

Kansas City officials propose issuing $600 million in bonds for a $1.9 billion Royals stadium, aiming to repay with sales taxes and project revenue. The City Council votes this Thursday, with the Royals yet to fully agree. Officials emphasize tax revenue will cover bonds, but other funds may be used if needed. Council members acknowledge risks, citing past underperforming entertainment spots. No public vote is required, as its framed as a development incentive. The plan includes four years of construction and thirty-year bonds plus a stadium lease.

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