The Hutchinson City Council on Tuesday approved hiring former Reno County Administrator Gary Meagher as an interim city manager. However, a discussion and any action on the process for hiring a full-time replacement for former City Manager Jeff Cantrell, whose contract the city council ended on May 3, was delayed because two city council members were absent from Tuesday’s meeting. Mayor Jade Piros de Carvalho said they’ll try to hold a brief executive session during one of three upcoming special meetings on the budget to get the process started, but she wasn’t sure which meeting that will be. Under the agreement approved on Tuesday, Meagher, 70, is contracted as interim manager for two months, after which the city can extend the agreement on a month-to-month basis.
Source: Hutch News

With the Hutchinson Chamber not making the cut last month for a state grant it sought to begin a new business park with, South Hutchinson city officials agreed Tuesday to take $500,000 it pledged for the project off the table, at least for now. However, the council was not in favor of the city spending money on a speculative commercial building of its own. South Hutchinson City Administrator Joseph Turner advised the council that the chamber would still like the city to commit the funds for economic development but that he was not “automatically willing to commit to another project right now.” Mayor Matt Nisly said he was open to other possibilities if the chamber had a specific project, but he agreed with Turner that it would depend on the project.
Source: Hutch News

Although the current carrier, SkyWest Airlines, has been quiet after announcing it will be terminating service in the community, the Salina Airport Authority is encouraged about the future of passenger service to and from Salina. Tim Rogers, the executive director for the airport authority, updated the Salina City Commission Monday about the situation, and said that a proposal was submitted last week to the United States Department of Transportation (U.S. D.O.T.) for Essential Air Service (EAS) to the airport. “One proposal was received from Denver Air Connection…proposing 50-seat regional jet service to and from Salina and Denver, with an option for continued operation also to and from Salina and Chicago,” Rogers said.
Source: Salina Journal

The interest rate table above illustrates recent changes in a sample of MBIS “investment grade” yields. Every issuer’s credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.