Ending power plant deal would cost state more than $400K

Kansas Statehouse (KSN News)

TOPEKA, Kan. (AP) – Putting a stop to a controversial financial deal to build a new power plant for the Kansas Statehouse and four nearby government office buildings would cost $409,000.

The Topeka Capital-Journal reports the expense was among the details revealed Tuesday as lawmakers met to discuss the plan.

At issue is a 15-year, $19.9 million municipal lease arrangement with Bank of America to finance the construction of the power plant. The deal did not go before a legislative committee for approval, and some lawmakers have voiced concern that they were not informed.

Last week, Gov. Sam Brownback’s administration opted to delay the new power plant to give the Legislature time to review the deal. Secretary of Administration Sarah Shipman wrote that the stop order costs between $8,000 and $20,000 per day.

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