Even worse . . . There's almost no deets about how the math is working out and it's dragging down polling for EVERYONE involved in selling this monstrosity to voters . . .
"The proposal involves Wyandotte County pledging KCK sales tax, county sales tax, and a portion of hotel tax generated in the district to go straight to paying off the STAR bonds.
"In a similar deal, a proposed ordinance in Olathe aims to create a new district on the northwest corner of College Blvd. and Ridgeview Rd.
"This 165-acre site would be the home of the new Chiefs headquarters and practice facility.
"The Olathe ordinance would also contribute new local sales tax, county sales tax, and a portion of hotel tax generated in that district to the STAR bonds."
Read more via www.TonysKansasCity.com links . . .
Wyandotte County calls for drastically reduced STAR Bond district
There are important meetings Tuesday night regarding the future home of the Chiefs.
Chiefs stadium tax districts raise concerns for nearby residents in Kansas City, Kansas, Olathe
Leaders in Olathe and Wyandotte County both plan to have public hearings Tuesday night on two very similar local tax ordinances involving the Kansas City Chiefs.
'What does it mean for us?': Olathe residents share concerns ahead of Tuesday hearing for Chiefs HQ
The Olathe City Council will specifically discuss how future receipts tied to the Chiefs' new headquarters and training facility could help repay the STAR Bonds used to build it.
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