Chiefs Chiefs training camp moved to St. Joe in the future

**mlyonsd** · 06-18-2009, 12:29 PM

http://primebuzz.kcstar.com/?q=node/18944

Sorry if it's a repost but I didn't see it anywhere:

updated 10:55 AM

JEFFERSON CITY | The deal's done. Finally.

The Kansas City Chiefs are bringing their training camp back to Missouri - and specifically St. Joseph - following the approval this morning of a revised agreement by the Missouri Development Finance Board.
The team could open camp in St. Joe as early as next year.

The board had initially approved the $25 million tax-credit package last December, but it was held up for six months by Gov. Jay Nixon to work out disagreements over its terms.

Nixon is headed to the campus of Missouri Western State University in St. Joseph this afternoon to announce the final results of the negotiations.
Here's the deal:

The Chiefs will hold their training camp in Missouri for a minimum of 10 years, help build a $13 million training facility at Missouri Western and make about $50 million worth of improvements to Arrowhead Stadium and the Truman Sports Complex in Kansas City.

In exchange, the team will receive $25 million in tax credits.
Under an agreement with the university, the Chiefs are committed to train in St. Joseph for at least five years, although both sides have said they hope to keep the team there for much longer.

If the team does leave Western within 10 years, the agreement approved Thursday stipulates it must hold camp at another state university or at the Truman Sports Complex. If the club doesn't abide by this rule, it must pay back a portion of the tax credits it received.

The deal was thought to be settled in December, but upon taking office in January, Nixon questioned whether the terms presented to the board -- specifically the 10-year commitment to hold camp in Missouri -- matched those actually found in the agreement.

Arguing that they did not, Nixon directed the board and the state Department of Economic Development to reopen negotiations with the Chiefs to secure in writing the promises he felt were made to the board. Today's agreement, which essentially includes everything Nixon sought, is the result of those negotiations.

06-18-2009, 12:29 PM	Topic Starter
mlyonsd Supporter Join Date: Aug 2000 Location: Spink, SD Casino cash: $-2306238	Chiefs training camp moved to St. Joe in the future http://primebuzz.kcstar.com/?q=node/18944 Sorry if it's a repost but I didn't see it anywhere: updated 10:55 AM JEFFERSON CITY \| The deal's done. Finally. The Kansas City Chiefs are bringing their training camp back to Missouri - and specifically St. Joseph - following the approval this morning of a revised agreement by the Missouri Development Finance Board. The team could open camp in St. Joe as early as next year. The board had initially approved the $25 million tax-credit package last December, but it was held up for six months by Gov. Jay Nixon to work out disagreements over its terms. Nixon is headed to the campus of Missouri Western State University in St. Joseph this afternoon to announce the final results of the negotiations. Here's the deal: The Chiefs will hold their training camp in Missouri for a minimum of 10 years, help build a $13 million training facility at Missouri Western and make about $50 million worth of improvements to Arrowhead Stadium and the Truman Sports Complex in Kansas City. In exchange, the team will receive $25 million in tax credits. Under an agreement with the university, the Chiefs are committed to train in St. Joseph for at least five years, although both sides have said they hope to keep the team there for much longer. If the team does leave Western within 10 years, the agreement approved Thursday stipulates it must hold camp at another state university or at the Truman Sports Complex. If the club doesn't abide by this rule, it must pay back a portion of the tax credits it received. The deal was thought to be settled in December, but upon taking office in January, Nixon questioned whether the terms presented to the board -- specifically the 10-year commitment to hold camp in Missouri -- matched those actually found in the agreement. Arguing that they did not, Nixon directed the board and the state Department of Economic Development to reopen negotiations with the Chiefs to secure in writing the promises he felt were made to the board. Today's agreement, which essentially includes everything Nixon sought, is the result of those negotiations.
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