City Projects $3.1M Ground Rent From Harrah’s Casino
City of North KansasCity · North Kansas City, MO- Disclosed value
- Ground rent equal to the greater of 2% of adjusted gross winnings or $2,000,000; FY 2023 budgeted at $3,100,000
- From budget
- Document date
- Sep 2, 2022
The 30-second brief
North Kansas City continues its long‑term ground lease with Harrah’s Casino, expecting approximately $3.1 million in FY 2023 based on the greater of 2% of adjusted gross winnings or a $2 million minimum. This rental income is a major revenue source for the General Fund and supports city operations.
Harrah’s Casino holds this contract with City of North Kansas. Its other public contracts on record include work for Garden City Airport Authority and Shawnee Community College.
Term as filed: Annual ground lease payment based on prior calendar year gross winnings.
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Contract details
- Amount
- Ground rent equal to the greater of 2% of adjusted gross winnings or $2,000,000; FY 2023 budgeted at $3,100,000
- Document date
- September 2, 2022
- Term
- Annual ground lease payment based on prior calendar year gross winnings
- Vendor
- Harrah’s Casino
- Agency
- City of North Kansas
- Source document
- city_of_north_kansas_city_fy_2023_budget.pdf (Budget)
Harrah’s Casino's other public contracts
More City of North Kansas contracts
Questions about this contract
Who was awarded the government contract by City of North Kansas?
Harrah’s Casino was awarded this government contract by City of North Kansas, as recorded on September 2, 2022. The contract value is Ground rent equal to the greater of 2% of adjusted gross winnings or $2,000,000; FY 2023 budgeted at $3,100,000.
How much is the Harrah’s Casino contract with City of North Kansas worth?
The Harrah’s Casino contract with City of North Kansas is valued at Ground rent equal to the greater of 2% of adjusted gross winnings or $2,000,000; FY 2023 budgeted at $3,100,000.
What type of contract is this?
This is a government contract, documented as a budget record.
Where was this contract approved?
This contract appears in city_of_north_kansas_city_fy_2023_budget.pdf (Budget), dated September 2, 2022 from City of North Kansas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Harrah’s Casino hold?
Harrah’s Casino 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 North Kansas currently buying?
Explore City of North Kansas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.