Overview
- Kansas City introduced the ordinance Thursday, sending it to the Finance, Governance and Public Safety Committee for review.
- The plan outlines a $1.9 billion ballpark and district with about $600 million from the city through bonds, appropriations, and tax-increment financing, a tool that uses new tax revenue from the project to repay costs, and state support remains undecided.
- The measure instructs staff to seek a 30-year lease for a Washington Square Park site with a goal of opening in 2030.
- The Parks and Recreation Board would retain ownership and serve as landlord, a setup the mayor compared to Chicago’s Soldier Field arrangement.
- County leaders and some council members are pushing for transparency and a possible public vote, while the Royals thanked city leaders and said detailed talks will continue following the failed 2024 tax measure and the Chiefs’ planned move to Kansas.