How does Chiefs STAR bond district compare to 3 others already in Johnson County?
The Kansas City Chiefs’ plan to build a new domed stadium on the Kansas side, along with a new training facility and headquarters in Olathe, would be supported by a special incentive package for entertainment and tourism draws. Called STAR bonds, for Kansas Sales Tax and Revenue bonds, this type of incentive involves issuing bond debt to cover part of a project’s price tag that is then paid back over a set period of time using sales tax revenues generated by retail and dining sales within a project’s defined boundaries. State and team officials last month unveiled a deal that would [...]