Legoland Kansas City one step closer to reality
Written by Robert Niles
Our friends at the Kansas City Star sent word that Kansas City's proposed Legoland theme park is one step closer to being built.Tweet
The Lee's Summit Tax Increment Financing Commission (let's hear it for levels of bureaucracy I didn't know existed) voted 6-4 to recommend that the city council approve the project. The recommendation is essential given the way that Legoland wants to pay for the park, which would open in 2009.
Financing for the Lee's Summit project depends on revenue bonds to be repaid by local and state tax-increment financing and a Community Improvement District that adds an extra 1-cent sales tax.
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