Unified Government of Wyandotte County and Kansas City, Kansas Economic Development & Finance Standing Committee Agenda Packet 2026-06-01
IRBs Approved for Sauer Castle Restoration Project
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Description
The Unified Government approved up to $11.5 million in industrial revenue bonds for Sauer Castle LLC to restore and repurpose Sauer Castle as an event and community venue. The IRBs mainly provide sales tax relief on construction materials and rehab labor without adding property tax abatement.
Contract Details
Contract Amount
Up to $11,500,000 in Industrial Revenue Bonds
Vendor
SAUER CASTLE LLC
Agency
Wyandotte County, KS
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Contract Term
IRBs with sales tax exemption on construction materials and certain labor; no property tax abatement attached
Renewal Info
Single IRB issuance up to $11.5 million providing sales tax exemption during construction; no recurring abatement term specified for this bond action.
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