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Old 12-03-2019, 04:21 PM   #16
midwest_kc
is one Smokin' Farker
 
Join Date: 08-27-10
Location: Independence, MO
Name/Nickname : Joel
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I thought I had read somewhere they were moving. I am 99.9% sure that the plan is not to lease back the whole building, as they're not using the whole thing now (they have one tenant and the other floor is unused, and was designed to house another tenant).

I know David Qualls also commented on a facebook post that this would leave KCBS debt free and with about $750k cash from the sale. As long as they don't take on debt, they should be in pretty good shape. Assuming they no longer have an appetite to be real estate investors, they should be in good shape as long as the adults remain in charge.

But, yes, the ballot itself isn't very helpful, and there are many questions to be answered.
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