After nearly five months of construction, 41st Street east of Home Depot to Vineyard Park in Hays, is open to traffic as of late Wednesday afternoon.
RELATED COVERAGE: The financing plan for the Home Depot Transportation Development District
Projects for Phases I and II totaling $4.4 million were approved in 2004 by a TDD ordinance and a 3/4-cent sales tax was enacted April 1, 2005, both for a maximum 22 years. The city then issued $1.77 million in TDD sales tax bonds to finance Phase I.
The TDD tax outperformed projections allowing the Phase I bonds to be called early and completed in January 2018. It was determined the 3/4-cent TDD sales tax could continue until March 2027 to fund a portion of Phase II improvements.