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Jayhawk Racing Lawsuit

 

City Council Presentation

View the presentation from the City Council Meeting on 4/22/15.   

The City of Topeka is in the process of purchasing Heartland Park Topeka (HPT) and expanding the STAR Bond district that currently encompasses HPT property.

Expanding the STAR Bond district simply means the State's portion of the sales taxes levied in the district will be reallocated to the City. The plan will not raise taxes or create any new ones for anyone.

On August 12, 2014, the City Council voted to approve the purchase of Heartland Park and the STAR Bond district expansion. This acquisition will allow the City to meet its ongoing debt obligation associated with Heartland Park. If the plan does not move forward, the City would face an $8 million shortfall for the City in the coming decade.

Under the proposed plan, the City will meet its financial obligations without having to raise any taxes.

 

Existing STAR Bond District Proposed STAR Bond District

The Q&A Process

Q&A on the Petition Process
General Q&A on the Heartland Park/STAR Bond District proposal

Questions below were recently submitted to the City. Find more Q&A from two live blog sessions on CJonline:

 

Meeting Videos

 

Background

The City is in the process of purchasing Heartland Park Topeka and expanding the STAR Bond district that currently encompasses the Heartland Park property.

On August 12, 2014, the City Council voted to approve the purchase of Heartland Park and the STAR Bond district expansion. This acquisition will allow the City to meet its ongoing debt obligation associated with Heartland Park. If the plan does not move forward, the City will face an $8 million shortfall in the coming decade.

Expanding the STAR Bond district simply means the State's portion of the taxes levied on the properties in the district will be reallocated to the City. The deal will not raise taxes or create any new taxes

Under the proposed plan, the City will meet its financial obligations without having to raise any taxes.

Contact

‚ÄčAmy McCarter

Media Relations Director
Email
785-368-0991

215 SE 7th, Room 352
Topeka, KS 66603