KC Stadium Gets Good News

KC Stadium Gets Good News

  • Posted by Drew Epperley
  • On December 13, 2007
  • 4 Comments

The Finance Committee in Kansas City has passed the Three Trails TIF plan yesterday unanimously, putting to the city council for it to be passed.

Along with that good news for Wizards fans was this nugget:

But a late amendment that would give the city the opportunity to remain engaged with the financing of the project while it is being reviewed for state assistance persuaded the mayor to drop his objections.

The mayor dropping his objections was the biggest hurdle in the way for the project.

The mayor also said he now agrees with supporters of the project that state financial assistance for the project required the city to authorize super TIF. The financing plan for Three Trails includes about $30.8 million in state tax increment financing and tax credits.

The team says construction must start on a new stadium this spring so it would be ready for the 2010 season.

The project looks pretty cool too if it all gets done. And honestly, its what the Wizards need right now. A real home.

  • George

    This is great news for KC Wizards and the league. All I want is for it to be approved and for <br />
    the stadium to not include an area for a stage. We need all new Soccer Stadiums to aspire<br />
    to emulate the New Red Bulls stadium or anything else that emphasizes soccer.

  • This is great news for KC Wizards and the league. All I want is for it to be approved and for
    the stadium to not include an area for a stage. We need all new Soccer Stadiums to aspire
    to emulate the New Red Bulls stadium or anything else that emphasizes soccer.

  • Kurt

    the city council passed the proposal unanimously today, with the mayor asking for the state to work quickly to finalize their part of the funding formula.

  • Kurt

    the city council passed the proposal unanimously today, with the mayor asking for the state to work quickly to finalize their part of the funding formula.