Council approves sales tax bonds for Toyota Stadium improvements

The National Soccer Hall of Fame is set to be housed at Toyota Stadium

Frisco City Council approved issuing tax exempt sales tax revenue bonds to fund improvements at Toyota Stadium during its Jan. 5 meeting.

The total amount of the bonds to be sold will not exceed $39 million. The bonds will fund additions to the stadium, including the future location of the National Soccer Hall of Fame.

The 24,000-square-foot hall of fame is scheduled to have a soft opening by December 2017. Construction for the stadium improvements is set to begin this year.