Tag

Salestaxextension

All articles tagged with #salestaxextension

local-news2 years ago•5 min saved

"Chiefs and Royals Pledge to Remain in Jackson County Pending Sales Tax Vote"

The Kansas City Chiefs and Royals have pledged to stay in Jackson County if voters approve a 3/8-cent sales tax extension in April. They propose over $200 million in economic benefits and new lease agreements, including renovations to Arrowhead Stadium and a new downtown stadium for the Royals. Kansas City Mayor Quinton Lucas supports the initiative, while Jackson County Executive Frank White Jr. emphasizes careful consideration before finalizing any agreements. Clay County was also considered for the Royals' stadium but was informed of the Royals' commitment to the Kansas City Star building location.

via KMBC Kansas City|

##jacksoncounty #kansascitychiefs

sports2 years ago•1 min saved

"Chiefs and Royals Pledge to Remain in Jackson County Conditional on Sales Tax Vote"

The Kansas City Chiefs and Royals have committed to staying in Jackson County, contingent on voter approval of a sales tax extension for stadium upkeep and renovations. The Royals are considering a new downtown ballpark, which would be funded by the extended tax and private investments, while the Chiefs plan to renovate Arrowhead Stadium. The proposed agreement includes over $200 million in economic benefits to the county over 40 years and would relieve the county of certain financial obligations. The Jackson County legislature will discuss the matter, aiming to place the tax on the April ballot.

via ESPN|

##jacksoncounty #kansascitychiefs

sportsbusiness2 years ago•2 min saved

"Jackson County Debates Future of Chiefs, Royals Stadiums Amid Tax Extension Proposal"

The Kansas City Chiefs and Royals have announced a proposal to remain in Jackson County, contingent on voters extending a 3/8-cent sales tax. The Chiefs plan to renovate Arrowhead Stadium, while the Royals aim to build a new downtown stadium and a $1 billion ballpark district, with both teams offering over $200 million in economic benefits to the county. This includes taking on insurance costs and allowing the county to reallocate park tax funds, potentially saving the county up to $100 million. A crucial county legislature meeting is set for Monday to discuss placing the tax extension on the April ballot.

via Arrowhead Pride|

##jacksoncounty #kansascitychiefs