GARDEN CITY, Kan. (AP) — The Garden City Commission has given first-round approval to a proposed $25 million development that would include an indoor water park, a hotel and a restaurant.
The city commission on Tuesday approved a memorandum of understanding with Stone Development Inc. regarding tax increment financing incentives and naming the development a Community Improvement District. The council also adopted a resolution to create a redevelopment district for the project.
The commission will consider a development agreement at a future meeting.
Attorney Evan Fitt, who is working with the developer, says the water park is planned as an attraction for Garden City residents and to lure outside visitors.
The Garden City Telegram (http://bit.ly/12M0X00 ) reports developers estimate the water park could attract 35,000 tourists per year, bringing $6.8 million to the city annually.
Information from: The Garden City (Kan.) Telegram, http://www.gctelegram.com
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