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USDA Invests Nearly $2.3 Million in Community Infrastructure and Economic Development in Eight Rural Kansas Communities

2022-07-25T06:51:23-05:00July 25th, 2022|

United States Department of Agriculture (USDA) Kansas Director for Rural Development Christy Davis today announced that USDA is investing $2,268,200 toward eight community projects across the state. ... Project details of today’s eight announcements are: A $33,000 grant will assist Thrive Allen County, Inc. with a Feasibility Study to create an incubator/accelerator space for Allen County. The space would increase economic development by creating an inviting, supportive space for entrepreneurs in the area. A $202,000 grant will assist The Healthy Bourbon County Action Team, in conjunction with partners Pittsburg State University Small Business Development Center and Kansas Works, expand services to small [...]

Amelia Earhart statue lands in Congress 23 years after Kansas started effort

2022-07-25T06:40:07-05:00July 25th, 2022|

Kansas aviation pioneer and advocate for women’s equal rights Amelia Earhart will be honored this week with a bronze statue in Congress, an effort that has taken more than two decades to accomplish. Congress will unveil the statue Wednesday, making Earhart the 11th woman enshrined in the National Statuary Hall Collection. The effort has taken 23 years since the Kansas Legislature voted in 1999 to replace the state’s two statues with Earhart and President Dwight D. Eisenhower. It took four years to get Eisenhower’s statue in Congress. Source: Salina Journal

Municipal Bond Trends for July 22, 2022

2022-07-25T06:38:48-05:00July 25th, 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.

Panasonic’s De Soto plant will put a charge into KC-area economy

2022-07-25T06:38:07-05:00July 25th, 2022|

Kansas and the Kansas City region are riding high after winning the megaproject known for months only as Project Ocean. Plans by Panasonic Energy Co. Ltd. to build a $4 billion electric-vehicle battery plant in De Soto bring the promise of 4,000 jobs. More than that, they position the region as a new player amid a sea change in how the world powers vehicles and other products of everyday life. “We will be the production epicenter for batteries that will power the increasing demand for EVs and a more sustainable world,” Gov. Laura Kelly said at a July 13 news conference. [...]

Nevada official: Tesla/Panasonic gigafactory offers excitement, lessons for KC area

2022-07-25T06:37:10-05:00July 25th, 2022|

“People don’t realize what an investment like this, and a name like Panasonic … means.” Forms of this statement have come from scores of government, development and business officials since the announcement that Panasonic Corp. plans to build a $4 billion battery plant in De Soto. But the above quote means even more because it comes from someone who has seen firsthand what such a project can do for — and to — a region. Mike Kazmierski, CEO of the Economic Development Authority of Western Nevada, has watched the buildup of Tesla Gigafactory Nevada. Tesla and Panasonic share the plant for [...]

Communities designate ‘cool off areas’ 

2022-07-25T06:31:41-05:00July 24th, 2022|

With temperatures forecasted to remain above 100 degrees for the next week, several communities in Crawford County have designated "cooling off areas" open to the public should residents have issues with their air conditioning or just need to stop in during errands. Source: Morning Sun

‘Miracle Mile’: Flurry of openings energizes Iola’s State Street business corridor

2022-07-25T06:33:09-05:00July 24th, 2022|

The timing may be a coincidence, with several Iola businesses opening (or reopening) within weeks of each other. But that activity also brings a palpable sense of enthusiasm, notes Jonathan Goering of Thrive Allen County. Goering serves as Thrive’s economic development director for Iola, Allen County and Humboldt, and has watched — and occasionally assisted — as several businesses have opened this summer. The fun started when the owners of Yates Center’s Vaqueros Mexican Restaurant decided to open a second location, Vaqueros II, in the building formerly occupied by the Greenery and Inn Club. That was followed in late May with [...]

Sedgwick County Zoo opens new train ride attraction

2022-07-25T06:33:25-05:00July 24th, 2022|

A ribbon-cutting ceremony was held Friday for a new attraction at the Sedgwick County Zoo. The Martha C. Buford Safari Express will take Zoo visitors on a 1.3 mile trip, offering never-before seen views from behind the scenes.  The Zoo’s president and chief executive officer, Scott Newland, said there are two C.P. Huntington Electric Trains that will provide the trip.   He said riders will hear recordings from animal care staff on the conservation efforts going on at the Zoo. Sedgwick County Commission Chairman David Dennis, who is a board member for the Zoo, said the train has been on the wish [...]

Edgerton approves ticketing minors on sidewalks

2022-07-25T06:34:17-05:00July 24th, 2022|

City council approved enforcing prohibition of motorized wheeled devices on city streets, highways and sidewalks through citations at their Thursday, July 14 council meeting. Edgerton’s current city code bans operation of a motorized device with wheels defined by a propelled motor or battery used to transport a person and is not required to be registered with the Kansas Department of Revenue Motor Vehicles Department. These are usually electric mini bikes, electric go carts and more operated by minors. The updated code changes from the Sheriff’s office escorting a child home to giving the minor a citation for a traffic infraction through [...]

De Soto approves TIF, setting the table for Panasonic’s incoming megaproject

2022-07-25T06:34:36-05:00July 24th, 2022|

The De Soto City Council unanimously approved two tax increment financing project plans totaling 605 acres in the former Sunflower Army Ammunition Plant, clearing a path to provide local incentives to Panasonic Energy Co. Ltd. The first, 309-acre plan area will house a $4 billion, 4,000-job electric-vehicle battery plant, which the Japanese electronics conglomerate this month announced it would build in Kansas, after months of state competition with Oklahoma. The second, 296-acre plan area sits just south and could support a potential $4 billion second phase, should Panasonic opt to expand. Both areas are southeast of 103rd Street and Dual Drive, within a [...]

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