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Wichita City Council delays decision on downtown parking garage purchase amid cost and milestone concerns
Summary
Council members voted to delay action on a purchase-and-lease agreement for a 300‑space downtown parking garage tied to the EPC development after weeks of questions over a $32,000-per-stall cap, contract language, and whether vertical construction and 'substantial completion' milestones are sufficiently enforced.
Wichita City Council on April 7 postponed a vote on a purchase-and-lease agreement for a downtown parking garage connected to the EPC/WRLP redevelopment, directing staff to publish project documents and return with clarifications before the next meeting.
The agreement under consideration would authorize the city to buy a parking garage at a not-to-exceed price of $32,000 per parking stall once the developer achieves "substantial completion," a term staff read aloud from the development agreement. Assistant City Manager Troy Anderson told the council that the purchase obligation is triggered only if the apartments and parking garage reach substantial completion and that any developer costs above $32,000 per stall could be reimbursed through tax‑increment financing as provided in the agreement.
Council members pressed staff and the project developer on…
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