Bonner Springs-Edwardsville Chieftain from Bonner Springs, Kansas • 5

PAGE 5, THURSDAY, DEC. IS, 1M7 7T tr ft. I ,1 7 OCEAN DISPLAY Eighth graders at Clark Middle School made ocean displays as part of the Study, oearcn OI A super oea AOvemure. i nose snown aouvs are, uum utn, nauiy 1 itmup- a I I a ni I. mmjiIj uaffflF Winna Vim 3 ni3nfnilE- rn lairflllHr sV I III Iff I lillj Josh 0osey tvfi a whltetlp reef shark.

Tentative agireemmeimt on speedway project will make an equity contribution of mm wiU be good faith million. A total of $88.4 million tlia ma, un to will be provided through project-sup- miltllallv rice and ported financing using a Kansas Tax Increment Financing District. Payment for these bonds will be made by KISG time for transfer of ownership. Eminent domain will be used as an action of last resort. An integral part to the completion of the project will be the timely acquisition of real property wi The Unified Government of Kansas City, Kan.

and Wyandotte County and the International Speedway Corporation have completed negotiations for a development agreement proposal for a 1.5 mile oval motor speedway located near the northwest comer of 1-70 and 1-435. The local government held hearings at a special meeting on Tuesday. The ISC board will also have to approve the proposal. The proposal calls for construction of a super speedway track on approximately 1,000 acres, which will be Phase I. The total cost of the Phase I project will be $198.3 million.

JUS under payment in lieu of tax agreement and sales tax revenues derived directly from the project. The Unified Government contribution will be $500,000 from general funds and $500,000 from the state through eco Hire! A22-T UllLJgo Dayy ''DozmTozim" QotmerSpritujs SAME AS CASH 1 On4NewTires New Accounts Only M-F 7-6 Sat 7 Pnllf1) lP finZj IQi I P18575R14 60.95 54.95 1 VT" 1 1 I P195U5R14 63.95 57.95 -J I I s. St' I I I P20575R14 66.95 60.95 i I f. I 1 1 P21575R14 68.95 62.95 i 1 IN "ifl 1 P20575R15 70.95 63.95 iT 20 JL-A P21575R15 72.95 65.95 "Zl P22575R15 76.95 69.95 P23575R15 79.95 71.95 I P23575R15XL 82.95 74.95 1 rLl LOWjWJ I P18570R14 63.95 57.95 LKjkAyXi'ASJ I P19570R14 65.95 60.95 I I P20570R14 68.95 62.95 I I P21570R14 71.95 64.95 n.ywar A I ieiI 1 ill OTGfc UlA I s7E 4 PRICE I pISotrII 51 95 I P18575R14 6495 lip P155V30R13 19.95 P1S580R13 36.95 I woRTORM lilt i Jl1' P16530R13 24.95 I P16S80R13 39 95 P21S70R14 56Vftllte 3 KSSiS i P17580R13 27.95 I SllSSSSii 111 I plSSnlS BK 'silt IU P185W0R13 29.95 I IHl I fl 5795 fj P22575R15 79.95 It VI P185X75R14 31.95 I fl P185X75R14 46.95 II D17e.7npn 4 P235V75R15 83.95 llf Pig575R14 32 95 I P19575R14 4895 I 54.96 pon7R14 34 95 I P20575R14 50.95 1 5 P18570R14 62.95 1)0 i PZ1575R14 52.95 1 II pliXSll VVSII P195V70R14 65.95 1' P20575R15 35.95 1 P2057SR15 52.95 I ES 1 I If PM5V70R14 71.95 P21575R15 36.95 P21575R15 5T95 lln pISoSrwSsS KOSJTORIS 71.95 LV P22R75R1S 37.95 4 P22575R15 58 i5 P205N65R15 57.95 fJISTOR 5 74.95 p23575R15 38.95 tf RO as 1. P21g5R15 59.95 P22570R15 79.95 KLI PERFORMANCE SPORT VEHICLE 6 size1 2 "'tradepricJ 5 130W-P-H- r5 White Utter Vim White Letter fl cc Tc.neco.rc I 10 SIZE TRADE PRICE liL.0 SIZE TRADE PRICE UfwiS 73 II I TRADEPWCE 1 1 I At, p20675R14 87.95 I P20S75R14 75 95 P32SR 73 95 I A wSSSll 67 II P205V75R15 71.95 I tAg P205V75R15 78.95 fl KR I7 qe I fl 1 If ill P21575R15 74 95 I rll P21575R15 82.95 MOT I SS5 If P225X75R15 77.9S VjV P225N75R15 85.95 n.

wSSJt Hit I P2iimHR15 75 95 I 1 A P235V75R15 80.9S Wf P235X75R15 88 95 0 nil 0SSHRW I lP "2- 88 VU P235X75R15XL 95.95 P21560R16 8595 I lWfc Vk ST 0 TSSSmm 8995 0 All-Season fg0 AlKSeason X) yuKTerrain HEAVY DUTY PICKUP, VAN, SPORT VEHICLE TIRES CjjN. ticV (t Heavy-Duty Heavy Duty Heavy-Duty LT23SU5R15 SIZE LR Jgf SIZE LR TRADE JfflSORfs 1M95 I LT23575R15 109.95 LT23575R15 11595 ItSRWSLT 109 95 I 30X9.50R15 115.95 1 30X950R15 123.95 oSSIs'S't 12195 I 31X10.50R15 119.95 I 31X10.50R15 129.95 LmsUKRIB 97 95 I 32X11.50R15 129.95 32X11.50R15 143.95 11 vISl SI I Sc Heirloom Nativities The collectible thai grows into a family tradition thin the project budget. A land acquisition specialist will be hired who will initially review the proposed score of real estate transactions involved and provide a preliminary report. KISC and the Unified Government will then approve commissioning the acquisition specialist to initiate efforts to acquire options on the property. The first target date will be May 1, 1998, when the closing date is announced.

The actual excavation and earth movement work will be coordinated to allow the landowners an adequate amount of time to relocate subsequent to closing. This would not be prior to Oct. 1, 1998. Project costs (in millions) follow: Land acquisition $16.1 Track facility $97.4 On-site infrastructure $104.4 Off-site infrastructure $34.5 Total $252.4 Project financing follows: ISC cash equity $90.2 TIF Financing $67.4 STAR financing $39.7 (Both of the above are state programs) KDOT funds $10 State tax credits $4.0 State economic incentive funds $6.0 Utility commitments $3.6 Local CM1T, matching funds $7.5 Total $252.4 Ground-breaking is scheduled for next spring and racing should start in 2000. Certainly, the track's impact on the nomic development resources.

According to material from the Unified Government, the three local school districts will receive payments equal to current property tax revenues for a period of four years. USD 204 (Bonner Springs-Edwardsville) took the biggest hit and will lose a total of about $200,000. Since nearly all of the homes that will be removed are in USD 204, the district will lose about $90,000 in property taxes and 28 students. That number times the state student formula payment of $3,670 would be about another 102,000. The district is offering to allow children to continue to attend USD 204 without tuition no matter where their families move.

Piper and the KCK district will have a much smaller loss. Actually, the agreement will be between the Unified Government and the Kansas International Speedway Corporation, a subsidiary of ISC. ISC will be a guarantor of the development agreement. The only funds that will be realized locally will be through taxes by facilities built adjacent to the track. The Unified Government has initiated a master plan process which is hoped will include Edwardsville and Bonner Springs.

The biggest problem will be the acquisition of land, which means relocating more than 130 families. According to the information from the Unified Government, "The primary method of As an authorized Fontanini dealer, we are proud to have a wide variety of Nativity sets and figures in stock. CANDLE SALE Buy One Get One Of equal or lesservalue. Excludes packaged sets birthday candles. Sale runs through Dec.

31 or while supply lasts. area will remain a major topic in the next several months as more analysis is given to the plan. Single family dwellings show increase in area Anton's Hallmark Shop New Town 1-Hour Photo in Tonganoxie at NEW TOWN SQUARE 9 a.m.-5:30 p.m. Fri. 9 i.m.-7 p.m.; Sat.

9 a.m.-3 p.m. Edwardsville and Basehor have both posted good increases in terms of new single family dwelling construction during the first 1 1 months of 1997, according to figures released by the Home Builders Association of Greater Kansas City. Edwardsville has issued 15 permits for new single family dwellings during the first 11 months of the year, compared to eight last year. Basehor has issued 18 new building permits, compared to nine last year. While trailing 1996 totals, Bonner Springs has had a good year with 15 new homes, compared to 19 last year.

Wyandotte County 1996 1997 Bonner Springs 19 15 Edwardsville 8 15 Kansas City, Kan. 93 107 Totals 120 137 Leavenworth County 1996 1997 Basehor 9 18 Lansing 47 31 Leavenworth County 200 207 Leavenworth city 41 60 Tonganoxie 29 8 Totals 326 324 Johnson County has issued 3,033 I 045-2944 new home permits this year compared to 3,111 last year. DeSoto has shown a gain in permits with 25 this year compared to 21 last year. See State Farm Agent: Jim Million 13100 Kansas Northridge Center (Across From Wal-Mart) 422-5567 M-F Sat. 9-Noon Santa Says: SERVICE "It's no accident State Farm insures more cars than anyone else" lALIGNMENTl BRAKES I SHOCKS I EXHAUST STRUTS Free JSS 4 wel Free Estimate ad EsSmate OIL, LUBE, FLUSH BATTERY 29 POINT FILTER C00UNG SYSTEM CHARGING SYSTEM CHECK czri $22 tCfft $39 uoiolouarts Plus Parts 5 10 J2TS3 up To 5 Quarts BSa Anti-Freeze C3 w.

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