The lawsuit settlement was pretty much a sellout and a white flag for local politicos.
Here's a peek at more deets . . .
"The Unified Government reaffirmed its local sales tax revenue pledge to back the state's Sales Tax and Revenue (STAR) bonds, estimated to be worth nearly $450 million over 30 years . . . Also, the Unified Government of Wyandotte County and Kansas City, Kansas expanded the local project and pledge area for the Chiefs' new stadium from roughly 236 acres to about 440 acres."
Read more via www.TonysKansasCity.com links . . .
UG reaches agreement with state of Kansas to move forward with Chiefs stadium's STAR Bond district
Wyandotte County gives tax money to Chiefs stadium in exchange for a vote on sports authority
The latest agreement fully settles a lawsuit the Unified Government of Wyandotte County and Kansas City, Kansas, filed in October, alleging Kansas overstepped its authority in negotiating for the new Chiefs stadium.
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