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
- Committee
- Council
- Introduced
- June 10, 2026
- On agenda
- July 2, 2026
- Passed
- July 2, 2026
Where it was heard
Council Finance, Governance and Public Safety Committee CouncilWatch Kansas City
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