April 29, 2013

KC wants streetcar opponents to post $20 million bond in their appeal

Lawyers for the streetcar district say an appeal challenging the streetcar taxes threatens to delay the project. They are urging the appeals court to require plaintiffs to post a $20 million bond against financial damage from those delays.

Lawyers for Kansas City’s streetcar project filed a motion Monday urging a swift resolution to a challenge to the downtown streetcar taxes.

Two downtown property owners last week appealed a judge’s dismissal of their lawsuit against the streetcar taxes.

Now the streetcar project’s lawyers say a critical financing deadline can’t be met while that appeal is pending. They are asking the appeals court for a swift hearing and to require the plaintiffs to post a $20 million bond that provides security against financial damage if the project is delayed.

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