City of Derby Council Meeting Minutes April 2026
Derby Approves Land Sale to Mid Continent Controls
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Description
The City of Derby approved a land sale contract with Mid Continent Controls, Inc. to convey Lot 3/Block A in the West End Business Park for $1 plus development requirements. The agreement supports a $3.8 million facility expansion with a five-year operating commitment and anticipated job growth.
Contract Details
Contract Amount
$1.00 plus development requirements
Vendor
MID CONTINENT CONTROLS INC
Agency
City of Derby, IA
Contract Type
FACILITIES
Document Date
April 28, 2026
Contract Term
Must own and operate at the location for a minimum of 5 years following construction
Renewal Info
One-time land sale; buyer must own and operate at the site for at least five years after construction is complete.
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