Kansas City Washington Square Park Stadium Financing ALMOST Explained

A peek at the beginning of a TIF scheme funneled through PortKC that's almost COMPLETELY UNACCOUNTABLE to local voters . . . Check-it: 

The City Council approved a plan that allows the city to provide up to $600 million to help fund a $1.9 billion Royals stadium just south of downtown, near Union Station. The plan directs City Manager Mario Vasquez to negotiate with team officials and other government agencies to hammer out a deal that will determine how much the city will provide and where the taxes will come from to pay back the bond debt.

Read more via www.TonysKansasCity.com link . . .

KC lost the Chiefs to a STAR bond. The city made its own kind to keep the Royals

To keep the Royals, KC officials crafted a tool similar to Kansas that aims to use a boost in tax revenue around Washington Square Park to pay back the city's debt for the new stadium.

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