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Development agreement
De Soto, Kansas
Mount Sunflower Properties’ project in De Soto is governed by a development agreement covering payments in lieu of taxes, infrastructure and reporting. The city’s later move toward air cooling makes the original water plans an important version check.
- Project party
- Mount Sunflower Properties LLC
What’s included
Public revenue & benefits
Payments in lieu of taxes follow a per-square-foot schedule, starting at $0.4050 in 2026 and increasing over time. The schedule is part of the agreement’s financing arrangements.
Compare public revenue & benefits termsJobs & local opportunity
Local-labor provisions require commercially reasonable efforts and include a lowest-and-best-bid exception. They are not a guaranteed local hiring quota.
Compare jobs & local opportunity termsReporting & enforcement
Reporting obligations begin after completion of the first building.
Compare reporting & enforcement termsAbout this document
Final redacted copy; signatures pending review.
- Document
- Development agreement
- Published by
- www.desotoks.us
- Parties
- Mount Sunflower Properties LLC
- Reviewed
- 2026-09-07
- Still needed
- Signed counterpart, written changes to water infrastructure and annual reports.