Kansas City Arena Plan Calls for $4/Day Rental Tax

KANSAS CITY –- Backed by Mayor Kay Barnes, a new proposal for a downtown arena here calls for 60% public funding using a $4-a-day hike in local rental car taxes. The city council is expected to place the arena plan on the August election ballot.

Local car rental operators and managers have begun organizing a campaign against the rental tax increase. Supporters of the arena proposal contend it will revitalize the downtown area and help attract an NBA or NHL franchise to the city. The project's price tag is estimated at $225 million to $250 million.

The proposed financing package also requires a $1.50-per-night hotel tax as well as $50 million in private funding from Anschutz Entertainment Group, based in Los Angeles. Anschutz Entertainment Group also owns Staples Center.

Sprint has reportedly signed a letter of intent to buy arena naming rights. The proposal calls for the arena to open in 2007.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

Job Finder: Access Top Talent. Fill Key Positions.