Town of Luray Council Meeting Minutes February 2026
Town Approves 20-Year IRF Agreement With HUB Development
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Description
The Town of Luray entered into a 20-year Industrial Revitalization Funds agreement with HUB Development, LLC tied to the 15 Campbell Street project. Under the DHCD-backed arrangement, $1,000,000 in principal will be repaid into future industrial revitalization efforts, supporting a 12–18 month construction schedule.
Contract Details
Contract Amount
$1,000,000
Vendor
HUB DEVELOPMENT LLC
Agency
Town of Luray, KS
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Contract Term
20 years (Industrial Revitalization Funds agreement)
Renewal Info
Twenty-year commitment under the DHCD IRF Grant/Loan program for industrial revitalization; no specific renewal or extension options described in the minutes.
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