- Associated Press - Wednesday, January 18, 2017

SALINA, Kan. (AP) - The Salina City Commission has given initial approval to authorizing special tax funding for a multimillion dollar redevelopment project in downtown Salina.

The commission voted Tuesday night on first reading to authorize $154 million in special tax funding for business and tourism projects. Commission members also approved a development agreement with Salina 2010, a private group leading the project.

The Salina Journal reports (https://bit.ly/2iJGW6o ) the project is expected to include about $105 million in private funding and $17.7 million in public funds. Other funding will include state-issued STAR bonds, Community Improvement District sales tax funds and Tax Increment Financing property tax funds.

The major parts of the project include a field house, a hotel, streetscape improvements, a restaurant, an entertainment center, a car museum and housing.

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Information from: The Salina (Kan.) Journal, https://www.salina.com


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