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.
Wichita City Council members have approved a preliminary agreement for the development of about two acres of land near Maple and McLean, adding new features to the area around Riverfront Stadium. A Memorandum of Understanding calls for Wichita Riverfront LP and EPC Real Estate to build a full-service hotel of at least six floors and at least 150 rooms. There will also be a 55,000 square-foot office building with at least 5,000 square feet of ground floor retail space. The project will also build a parking garage with at least 200 spaces that can provide public parking on evenings and weekends. There are also plans for public improvements along the west bank of the Arkansas River. The city will use Tax Increment Financing, supported by increases in property tax revenue, for the parking garage. The city is also setting aside $3 million in unallocated funds for the public riverbank improvements, but that will only be used if funding is unavailable through the state’s SPARK program, using funds from the American Rescue Plan.
Source: Country 101.3 KFDI
Garrett McKinney and Kalin Johnson waited on Sunday afternoon at the local American Legion for people to bring non-perishable items. The items weren’t for them, however. They were for survivors of the recent tornadoes in Kentucky, and they planned to drive them there this past Wednesday. As soon as a person drove up to the Legion, McKinney and Johnson were out of the building, offering assistance to carry donations. And that’s what Newton Fire/EMS Department workers do on their days off—they still help people.
Source: Harvey County Now
After eight-and-a-half years as mayor of Bentley, Rex Satterthwaite will be chairing his final meeting on Thursday of this week. Satterthwaite’s career in public office in Bentley began in August of 2008 when he was appointed to the city council. He kept the seat during the 2011 election, and then was elected mayor in April of 2013. He served two terms as mayor before losing his seat this fall to Tracy Pribbenow. One thing that Satterthwaite said he was proud of about his time in office was his attendance record. He said he missed a couple special meetings and only two regularly scheduled meetings. “Both due to traveling with the Street Survivor Band,” he said. “We played the Downtown Casino near Joplin, Mo., on a Thursday night. The other time we played Padre Island on Friday and Saturday nights, and I had to leave Thursday afternoon. There were times the band would leave right after I was finished with a council meeting, and we would travel all night. I will always be grateful for the band accommodating me being mayor.”
Source: Harvey County Now
Johnson County Board of Commissioners agreed to a settlement to receive financial compensation from files claimed against pharmaceutical companies in 2019 for malpractice in the national opioid crisis. Fourteen counties and six other cities in the State of Kansas are also part of the settlement, Peg Trent, chief legal counsel, said at the Thursday December 16 meeting. Purdue, Johnson and Johnson, Cardinal, McKesson and Amerisource are the five pharmaceutical companies part of the settlement. Resolution 109-21 approves joining the Kansas Opioids Memorandum of Understanding between the Kansas Attorney General, the League of Kansas Municipalities and the Kansas Association of Counties. It also approves an agreement releasing Johnson County’s claims to the Kansas Attorney General. The Opioid Crisis Accountability Act of 2019 was passed by the U.S. Congress to hold pharmaceutical companies accountable for dubious marketing and distribution of opioid products and for their role in creating and exacerbating the opioid epidemic in the United States.
Source: Gardner News
Due to an abundance of support not just locally, but nationally, the Parsons Police Department has raised the reward to $30,000 for information leading to the arrest of Ranger’s killer. Ranger was a black, pure bred German Shepherd puppy owned by a PPD officer that was found dead in the owner’s backyard one afternoon earlier this month. “This could not have been done without the support of good people,” said Parsons Police Chief Robert Spinks. “The support that has been shown to our officer is more than just humbling. It is honestly more than words can express. We just hope that we can make an arrest and put this family at ease.”
Source: KSNF/KODE
The Board of County Commissioners voted on Monday to give all fulltime county employees a 5% raise for 2022. The commissioners had budgeted for only a 4% raise. Commissioner Raleigh Ordoyne proposed a 5% raise for next year but said he didn’t think it was enough considering how much prices have increased this year. Commissioner David Willbrant said he was okay with a 5% raise but agreed that it may not be enough considering inflation. The group agreed that because only 4% was budgeted for next year, they couldn’t stray from that number much and ultimately decided to give a 5% raise.
Source: www.backroadsnews.com/rss.xml
The city of Mission hopes to start allowing the public sale and consumption of alcohol during certain events in the city’s downtown area along Johnson Drive as soon as next year. The Mission City Council earlier this month unanimously approved plans to establish a common consumption area in which the rules for the sale and consumption of alcohol will be loosened during events like the city’s summer farmers’ market. The new common consumption area is generally bounded by Lamar Avenue on the west, Roeland Drive on the east, one block north of Johnson Drive on the north, and Martway Street on the south.
Source: Shawnee Mission Post
Mayor Michelle De La Isla nearly lost her life this year after being hospitalized with COVID-19, she recalled Tuesday. Yet she continued to take part in Topeka City Council meetings on Zoom, at times from her hospital bed, she said. “Because I love the city,” De La Isla said. “Because I love all of you.” De La Isla, who leaves office next month, and city manager Brent Trout, who leaves effective Dec. 31, appeared together Tuesday in the last of a series of joint news conferences they’ve held monthly since 2018, the year De La Isla became mayor. Trout, 55, is expected to become manager next month for a county in North Carolina, the identity of which hasn’t been made public.
Source: CJonline
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.
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