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Royals Stadium Bonds Seen Winning From World Series: Muni Credit

Taxpayers of Jackson County, Missouri, stand to come out winners even if the hometown Kansas City Royals see their dream of a World Series championship end tonight.

The county owns the Harry S. Truman Sports Complex, which is home to Major League Baseball’s Royals and the National Football League’s Chiefs. It plans to sell about $340 million of bonds tomorrow to refinance debt sold in 2006 to refurbish the venues, said County Executive Mike Sanders. Sanders says the deal will save about $32 million, with the cash going toward maintaining the complex, named for the 33rd U.S. president, who also served in local government.