Stadium renovations being discussed
01/22/2006
The pot is heating up on the proposed renovation of Kauffman Stadium.
Legislators in Jackson County, Mo., were to meet Friday to consider terms of new 25-year leases presented to the Royals and their neighbors, the NFL Chiefs.
By Tuesday, the county legislators must decide what to put on the April 4 ballot to finance the proposed $575 million in total improvements to Kauffman and Arrowhead stadiums.
There already was a three-eighths cent sales tax increase earmarked for voters' consideration to fund $425 million of the renovations. However, the lease matter was complicated Thursday by the insertion of a "rolling roof" for both stadiums.
This would require a one percent tax, to be paid by businesses outside of Jackson County, to raise $200-$225 million to finance that addition. The moveable roof would be used to cover both stadiums and is essential in the Chiefs' bid to bring a Super Bowl to Kansas City.
The "rolling roof" concept was part of the original plan for the Truman Sports Complex in 1969 but was discarded as being too costly.
The Royals primarily are interested in creating new fan-friendly attractions, widening concourses, adding concession stands, improving restrooms, and making infrastructure repairs and improvements.
The Royals would contribute $25 million and the Chiefs $75 million to the project.
The Royals posted a copy of the 25-year lease on MLB.com and the team Web site and announced they intend to sign it on Monday.
The Royals announced Sunday night that they will commit to a 30-cent per ticket user fee in addition to providing Jackson County residents discount ticket coupons valued at a minimum of $2 million a year over the life of the lease.
The Royals had withheld support of a user fee, but the club agreed to the fee after talking with Jackson County legislator Fred Arbanas, a strong proponent of an additional fee charged to fans attending games. The Chiefs announced last week that they would charge a one-dollar user fee on each ticket sold as long as the Royals would also commit to a user fee.
Details are available in section 26 of the lease.
The club noted that the Royals are projected to rank 30th and last in average ticket prices for the 2006 season.
Source: http://royals.mlb.com/
The pot is heating up on the proposed renovation of Kauffman Stadium.
Legislators in Jackson County, Mo., were to meet Friday to consider terms of new 25-year leases presented to the Royals and their neighbors, the NFL Chiefs.
By Tuesday, the county legislators must decide what to put on the April 4 ballot to finance the proposed $575 million in total improvements to Kauffman and Arrowhead stadiums.
There already was a three-eighths cent sales tax increase earmarked for voters' consideration to fund $425 million of the renovations. However, the lease matter was complicated Thursday by the insertion of a "rolling roof" for both stadiums.
This would require a one percent tax, to be paid by businesses outside of Jackson County, to raise $200-$225 million to finance that addition. The moveable roof would be used to cover both stadiums and is essential in the Chiefs' bid to bring a Super Bowl to Kansas City.
The "rolling roof" concept was part of the original plan for the Truman Sports Complex in 1969 but was discarded as being too costly.
The Royals primarily are interested in creating new fan-friendly attractions, widening concourses, adding concession stands, improving restrooms, and making infrastructure repairs and improvements.
The Royals would contribute $25 million and the Chiefs $75 million to the project.
The Royals posted a copy of the 25-year lease on MLB.com and the team Web site and announced they intend to sign it on Monday.
The Royals announced Sunday night that they will commit to a 30-cent per ticket user fee in addition to providing Jackson County residents discount ticket coupons valued at a minimum of $2 million a year over the life of the lease.
The Royals had withheld support of a user fee, but the club agreed to the fee after talking with Jackson County legislator Fred Arbanas, a strong proponent of an additional fee charged to fans attending games. The Chiefs announced last week that they would charge a one-dollar user fee on each ticket sold as long as the Royals would also commit to a user fee.
Details are available in section 26 of the lease.
The club noted that the Royals are projected to rank 30th and last in average ticket prices for the 2006 season.
Source: http://royals.mlb.com/
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