info, Author at Ranson Financial Group LLC

Municipals sell off hard, 30-year muni nears 4%

info2022-10-24T06:55:02-05:00October 24th, 2022|

Municipals sold off Friday with losses of up to 18 basis points, with the damage felt across the curve, and the 30-year triple-A yield closed just shy of 4%. U.S. Treasuries ended mixed after the 10-year rose to levels not seen since 2007 earlier in the session, and the reversal led to an equity rally to close out a tumultuous day and week. Triple-A yields rose 10 to 18 basis points, moving the entire curve above 3%. Short UST made gains while the long bond saw losses of up to 11 basis points. Source: The Bond Buyer

Andover Breaks Ground on New Fire Department

info2022-10-24T01:01:11-05:00October 24th, 2022|

The Andover Fire Department along with mayor Ronnie Price, Crossland Construction and the Andover Area Chamber of Commerce held a ground breaking ceremony to commemorate the construction of a new fire department and remodel of the current house on October 11. The new building will be located south of US 54 at the corner of Andover road and Minneha road. ‘They have made the best out of this fire department for many many years,’ said Mayor Price. ‘We realized just how much we need a prompt response, and that’s what this is about, getting our citizens in the south a response [...]

Betting on downtown buildings

info2022-10-24T00:58:42-05:00October 24th, 2022|

Two vacant buildings in the heart of downtown Arkansas City will soon be back in business. Andrew Iverson and his partner, John Schamahorn of I.S. Investments LLC, have purchased 206 S. Summit St., the former home of Flawed Perfection, and 208 S. Summit St., which housed the Cowley Antique Mall and Used Book Cafe. Iverson said the 208 S. Summit St., location is undergoing an aggressive renovation. The main floor will become a public venue. Source: Cowley CourierTraveler

Emporia Fire Department going red this week

info2022-10-24T00:57:00-05:00October 24th, 2022|

The Emporia Fire Department is going red to honor the U.S. Armed Forces. According to city communications manager Christine Johnson, EFD personnel will participate in R.E.D. Fridays beginning this week. “R.E.D. stands for ‘Remember Everyone Deployed,’ created to remind communities of our heroes overseas and to show support for those deployed and their families,” Johnson said in a written release. Firefighters will wear red shirts on Fridays as part of the campaign. Many Emporia firefighters have served or have family members who served in the military. “As an agency representing the founding city of Veteran’s Day, this campaign became even more [...]

State of the City address gives overview of projects

info2022-10-24T00:53:44-05:00October 24th, 2022|

Garden City mayor and city staff presented at the 2022 State of the City Address Wednesday. The annual presentation was part of the Garden City Area Chamber of Commerce’s October Chamber Membership Breakfast. Source: Garden City Telegram

Lawrence library’s Civic Engagement 101 series to wrap with talk on city and county governments

info2022-10-24T00:47:29-05:00October 24th, 2022|

The Civic Engagement 101 lecture series at the Lawrence Public Library with wrap with a talk on the roles of city and county governments in Kansas and how they’re financed. Hannes Zacharias, professor of practice in public administration at the University of Kansas, will lead the discussion — “a timely topic, as ballot measures this November may reshape the governmental structures of both the City of Lawrence and Douglas County,” according to the library. “This presentation will explore how Kansas counties are different from cities, what each does, and how they are financed,” according to the event page. “Attendees will learn [...]

The undead invade downtown for 15th annual Lawrence Zombie Walk

info2022-10-24T00:45:10-05:00October 24th, 2022|

Hundreds of goblins and ghouls gathered Thursday at the South Park gazebo in anticipation of the 15th annual Lawrence Zombie Walk. The horde of zombies started their walk down Massachusetts Street at sunset. Spectators gathered on the sidewalk in folding lawn chairs and on restaurant patios, cheering and taking photos all the way to Seventh Street. Residents showed off their creative costume skills, with characters ranging from undead Girl Scouts to zombie killers. Source: The Lawrence Times

If Chiefs decide to relocate to Kansas, here’s the most likely stadium site and the top incentives for moving

info2022-10-24T07:08:48-05:00October 24th, 2022|

Speculation about a Kansas City Chiefs relocation took off in late March after President Mark Donovan said developers had pitched him on stadium options in Kansas. Among hypothetical Kansas sites, the top several contenders almost certainly sit on parcels in the Village West area, said Jon Stephens, CEO of the Port Authority of Kansas City and a former economic development director for the Unified Government of Wyandotte County/Kansas City, Kansas. Source: Kansas City Business Journal

Ottawa city manager to retire in March

info2022-10-24T07:14:36-05:00October 24th, 2022|

After 15 years serving the City of Ottawa, City Manager Richard Nienstedt will retire March 31. Nienstedt made the announcement during a special Ottawa City Commission meeting Wednesday morning. Fifteen years ago, the city commission then honored me and humbled me by asking me (wife) Rita and I to be a part of this community, he said. And this is a great community. It has had the best leadership on the elected level and on the appointed level that I ever had in my almost 43 years of doing this. The next five months, Nienstedt told commissioners, will be a busy [...]

Municipal Bond Trends for October 21, 2022

info2022-10-23T18:38:44-05:00October 21st, 2022|

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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