Growing up in Wamego, Clint Stueve saw how a group of people rallied around an old, crumbling theater to save the community landmark for future generations. It’s that kind of passion Stueve is relying on to get the theater through its next 125 years. Officially, The Columbian Theater turned 125 in 2020. But in a year marred by cancelled public gatherings and anxiety over the coronavirus, the theater’s plans to celebrate the milestone were tamped down. Some of them have even been postponed to the next notable year, the theater’s 130th anniversary in 2025.
Source: CJonline.com.

The City Utility Low-Interest Loan Program became law on March 4, 2021 after the publication of House Substitute for Senate Bill 88 in the Kansas Register. This program grants the State Treasurer’s Office the ability to issue loans to the cities in Kansas who have incurred extraordinary electric and/or natural gas costs during the extreme weather event of February, 2021. These loans will be issued at a rate that is 2.00% below the market rate as provided in K.S.A. 75-4237 with a minimum interest rate of 0.25%.
The State Treasurer has opened the application process. Cities can learn more and apply for loans using the application available here.

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.