The City Council passed an ordinance establishing the STAR bond project district.
The City held a Public Hearing to received feedback from the public on the proposed STAR Bond project that includes a hospital and dinosaur park. The Council adopted an ordinance approving the project plan for the STAR bond projects and adopted an ordinance approving a development agreement with Derby Destination Development, LLC relating to the STAR bond projects.
The Kansas Department of Commerce approved $18.9 million in STAR bonds for the Derby project.
The City Council adopted an ordinance approving the sale of the STAR bonds for the related projects and infrastructure.
May 26, 2018
Field Station: Dinosaurs opened.
The City Council amended the development agreement with Derby Destination Development to allow the required hotel to be anywhere in the District and to include a multi-sport attraction that includes indoor & outdoor courts, outdoor sand courts and games, and a restaurant.
April 24, 2019
Rock Regional Hospital opened.
The City Council adopted an ordinance to expand the District to add an area east of Rock Road, south of 63rd, north of Tall Tree to accommodate the multi-sport complex.
The City Council adopted the first amendment to the STAR Bond project plan and second amendment to the development agreement with Derby Destination Development. The amendments allowed for the construction of the multi-sport facility and associated infrastructure in the amount of $8,095,564 in new STAR bond proceeds.
The City Council adopted a second amendment to the STAR Bond project plan and third amendment to the development agreement to include a rock-climbing and BMX facility. An additional $4.5M in STAR bond proceeds would be part of the plan.
City closed on the sale of STAR bond series 2020.
City Council heard a request to expand STAR bond district to provide for new multi-sport attraction consisting of several businesses including the following:
The City Council approved expansion of the district.
The City Council approved the third amendment to the STAR bond project plan and fourth amendment to the development agreement. The Secretary of Commerce for Kansas approved the STAR bond project plan amendment.
The City Council approved the STAR bond sale to provide $32,250,000 in new STAR bond proceeds for the infrastructure and identified eligible projects.