American Royal development fee and annual payments ongoing
City of KansasCity · KS- Disclosed value
- $5,000,000 Origination Fee; annual payments of $1,315,789.48 for up to 19 years
- From agenda
- Document date
- Aug 2, 2026
The 30-second brief
The Unified Government continues its development agreement with the American Royal Association, under which the association pays a $5 million origination fee and annual payments of about $1.32 million tied to STAR bond repayment. The agreement supports a multi-arena entertainment, sports, and agricultural complex and funds local economic development uses.
American Royal Association holds this contract with City of Kansas. Its other public contracts on record include work for Wyandotte County and Town of Wano.
Term as filed: Origination Fee paid once; annual payments of $1,315,789.48 for up to nineteen years or until all STAR bonds are repaid.
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Contract details
- Amount
- $5,000,000 Origination Fee; annual payments of $1,315,789.48 for up to 19 years
- Document date
- August 2, 2026
- Term
- Origination Fee paid once; annual payments of $1,315,789.48 for up to nineteen years or until all STAR bonds are repaid
- Agency
- City of Kansas
- Source document
- Unified Government of Wyandotte County and Kansas City, Kansas Agenda 2026-08-06 (Agenda)
American Royal Association's other public contracts
More City of Kansas contracts
Questions about this contract
Who was awarded the government contract by City of Kansas?
American Royal Association was awarded this government contract by City of Kansas, as recorded on August 2, 2026. The contract value is $5,000,000 Origination Fee; annual payments of $1,315,789.48 for up to 19 years.
How much is the American Royal Association contract with City of Kansas worth?
The American Royal Association contract with City of Kansas is valued at $5,000,000 Origination Fee; annual payments of $1,315,789.48 for up to 19 years.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Unified Government of Wyandotte County and Kansas City, Kansas Agenda 2026-08-06 (Agenda), dated August 2, 2026 from City of Kansas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does American Royal Association hold?
American Royal Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Kansas currently buying?
Explore City of Kansas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.