A new asphalt parking lot to the west of the First Christian Church may be a welcome addition for members of the congregation, but not so much for the Scott County Library less than a half block to the south. Concerns with the flow of water off the asphalt surface were raised during Monday’s Scott City Council meeting. Because the library is at a lower elevation than the parking lot, water will inevitably flow in that direction. ... The council decided that if there are any issues with drainage they will need to be resolved between the church and the county [...]

After some debate about increasing the fee beyond the proposed $1,000 per parking stall, city leaders adopted the proposed long-term regulations for a program that has temporarily allowed downtown businesses to construct patios and outdoor dining areas in downtown parking stalls. As part of its meeting Tuesday, the Lawrence City Commission voted 4-1, with Vice Mayor Lisa Larsen opposed, to adopt an ordinance that establishes limitations, design criteria and other regulations for the “parklets,” and charges businesses $1,000 per year per parking stall used. Though a few commissioners said they would consider increasing the fee, ultimately commissioners decided to stick with [...]

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.