Kansas sues to halt public funding for $160M lagoon resort still without buildings
Résumé détaillé
In a significant move, Kansas state officials have filed a lawsuit aimed at halting any further public bond financing for the stalled Derby Shores project, a $160 million lagoon…
State officials in Kansas have filed a lawsuit to stop more public bond money from going to Derby Shores, a planned $160 million lagoon resort. The project still has no buildings above ground, four years after it was approved. The Kansas Department of Commerce filed the lawsuit this month in Sedgwick County District Court. It is asking the court to block any more bond payments and require a full account of the $35,285,000 in bonds already sold for the project. "More than four years after the project was approved and bonds were sold, it has not been built," the state said in its court filing.
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