Just a little over 100 miles southwest of Kansas City, Humboldt is like a lot of other rural Kansas towns, except that Humboldt is now undergoing a major transformation from typical Kansas small town to a town with more cool stuff going on than many of our dense urban neighborhoods. In recent years, the Works family, a local family that owns a very successful trailer hitch manufacturing company, has been embarking on an unusual and exciting redevelopment of Humboldt’s downtown area. They have purchased several century-old buildings in the town square, and have been planning and working on an “experiment” that could very well lead to something of a renaissance for itty bitty Humboldt. Currently under construction: a music venue, a small boutique hotel, bars, and even a maker space. The town already boasts a solid coffee shop and mercantile, as well as a pretty great old-school fried chicken restaurant named Opie’s.
Source: The Pitch.

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.