American Royal Development Payments Allocated by UG
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Description
The Unified Government continues to implement its development agreement with the American Royal Association, under which the developer pays a $5 million origination fee and annual payments of $1,315,789.48 for up to 19 years. A new resolution allocates an additional $2.66 million of these funds for strategic economic development and infrastructure uses.
Contract Details
Contract Amount
$5,000,000 Origination Fee; $1,315,789.48 annual payments (up to 19 years)
Vendor
AMERICAN ROYAL ASSOCIATION
Agency
Wyandotte County, KS
Contract Type
OTHER
Document Date
June 18, 2026
Contract Term
Origination fee paid once; annual payments of $1,315,789.48 for up to nineteen years or until STAR bonds repaid
Renewal Info
Development Agreement executed June 24, 2025 and amended December 5, 2025; includes ongoing annual payments until STAR bonds are retired or for up to 19 years.
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