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260565

Sponsor: Mayor Quinton Lucas COMMITTEE SUBSTITUTE Declaring the City Council’s intent to support good-faith negotiations with the Kansas City Current for the expansion of the team’s stadium in Kansas City; directing the City Manager to negotiate and execute a term sheet and negotiate a development agreement with the Kansas City Current or an affiliated entity for design and construction of an expanded stadium, parking garage, mixed-use development and supporting infrastructure (the “Project”) in the Berkley Riverfront Park area; declaring the City Council’s intent to support a Tax Increment Financing Plan for the Project; finding that the Project is a public benefit to the City and the State of Missouri; directing the City Manager to apply for various financial and tax incentives through state agencies and negotiate intergovernmental cooperative agreements with the State of Missouri and related entities; authorizing the City Manager to negotiate and enter into a lease or exclusive license agreement with a Community Improvement District and/or Ballard Development, LLC or an affiliate for the levee promenade, Lydia pumpstation, and cafe zones, authorizing the evaluation of the issuance of up to $235,000,000 in special obligation bonds; directing the City Manager to analyze the impact of additional development; and recognizing this ordinance as having an accelerated effective date. Advance and Do Pass as a Committee Substitute

Ordinance Passed Introduced June 10, 2026
Committee
Council
Introduced
June 10, 2026
On agenda
July 2, 2026
Passed
July 2, 2026

Where it was heard

Council Jul 2, 2026 Passed as Substituted Pass Finance, Governance and Public Safety Committee Jun 30, 2026 Adv and Do Pass as Cmte Sub Council Jun 11, 2026 referred