Contain the Rain Workshop

2022-07-14T19:42:11-05:00July 14th, 2022|

Johnson County's Contain the Rain Program invites you to attend a workshop on stormwater containment, hosted by Bridging The Gap and Johnson County Community College's Center for Sustainability. This workshop will take place in the Regnier Center Building, Room 101, on the Johnson County Community College Campus: 12345 College Blvd, Overland Park, KS 66210. Bridging The Gap will review many of the tools and solutions you can implement on your property to help capture stormwater and mitigate runoff. We will also discuss the benefits of stormwater capture and why it is so beneficial for our communities. Registration for the workshop is free, and [...]

Jowers hired as permanent superintendent of USD 386

2022-07-15T07:28:32-05:00July 14th, 2022|

Although he’s not new to the building, there is officially a new man in charge as Jeff Williams made a motion to approve Stephen Jowers as Superintendent. He was hired during Monday's annual reorganizational meeting of USD 386. Jowers is not new to the role — he was superintendent-in-waiting while he obtained certification that was needed to officially serve in that capacity. He has worked closely under interim-superintendent Michael Argabright over the last year. Now that he is certified, he will be acting on his own for the 2022-23 school year. Source: Emporia Gazette

Fed Governor Waller says he’s open to ‘larger’ rate hike this month than in June

2022-07-15T07:29:56-05:00July 14th, 2022|

Federal Reserve Governor Christopher Waller said he's willing to consider what would be the most aggressive interest rate hike in decades at the central bank's meeting later this month. While Waller said he supports a 75 basis point hike at the July 26-27 meeting, he will be watching data and keeping an open mind about what the Fed should do to control inflation, which is running at its fastest pace since 1981. ... If that data comes in materially stronger than expected, it would make me lean towards a larger hike at the July meeting to the extent it shows demand [...]

Where is De Soto? Here are 4 things to know about Kansas’ new Panasonic battery factory

2022-07-15T07:30:52-05:00July 14th, 2022|

This week Gov. Laura Kelly announced that the Japanese company Panasonic will be building a $4 billion factory in De Soto, Kansas. This factory will focus on building batteries for electric vehicles and will bring over 4,000 jobs to De Soto. Here’s what you need to know about De Soto, Kansas, and the new Panasonic factory on the way. De Soto is a small city in Johnson and Leavenworth counties. The city is northwest of Olathe and is about a 30 minute drive from Kansas City proper. It also sits along the south bank of the Kansas River. The town has [...]

Panasonic’s $4 billion electric vehicle battery factory will bring 4,000 jobs to De Soto, Kansas

2022-07-15T07:32:06-05:00July 14th, 2022|

Panasonic announced on Wednesday it has chosen De Soto, Kansas, as the site of a massive new factory. The plant will be the largest vehicle battery production facility in the world and will cost $4 billion to construct. As one of the Kansas lawmakers who had to sign a non-disclosure agreement while working for months to land a mysterious economic development project, Rep. Stephanie Clayton, a Democrat of Overland Park, says she could not be happier with the final outcome. State officials announced on Wednesday that Japanese electronics giant Panasonic would build a $4 billion factory in De Soto to produce [...]

Here’s how much Kansas offered Panasonic to bring massive battery plant to De Soto

2022-07-15T07:33:39-05:00July 14th, 2022|

While early estimates put the cost of the incentives at $1.3 billion, the Kansas Department of Commerce on Wednesday said Panasonic would be eligible for $829 million in tax credits, exemptions and other incentives. The state’s new incentive program created refundable tax credits, which allow firms to not only reduce their tax burdens but receive cash from state coffers for meeting certain hiring and investment goals. Paired with an expected local property tax incentive from De Soto, the state deal means taxpayers will fund close to a quarter of the projected $4 billion cost of the project. Kelly said the cost [...]

High-Speed Internet Grant Application Window Opens July 18 (Webinar on July 21)

2022-07-15T07:37:23-05:00July 14th, 2022|

Governor Laura Kelly announced today that more than 21,000 Kansas homes and businesses are set to receive high-speed internet access for the first time thanks to an $83.5 million grant program through the Kansas Department of Commerce’s Office of Broadband Development. The new grant program results from the U.S. Department of Treasury’s approval of Kansas’ Coronavirus Capital Projects Fund (CPF) broadband infrastructure plan. ... The Kansas CPF broadband infrastructure grant application window will be open for four weeks beginning July 18. A full list of program guidelines and the application will be posted on the Office of Broadband Development’s website next week. The Office [...]

County recycling might change destination

2022-07-14T18:37:14-05:00July 14th, 2022|

Recyclable materials from Marion County may soon be taken to a recycling center at Fort Riley instead on one in South Hutchinson that charges $120 a ton. Josh Housman, director of the county transfer station, told commissioners Monday that Fort Riley contacted him and was willing to start taking county recycling, apparently for free. Making the change would not be instant, however. Source: HILLSBORO Star-Journal

Panasonic battery project likely to create major demand for growth in Eudora, Lawrence, leaders say

2022-07-14T08:00:35-05:00July 14th, 2022|

About a century ago, Wichita began to learn what being in on the ground floor of the aviation industry could do for an economy. Now, there are predictions Douglas County and the surrounding area may soon experience a similar boom by being an early player in the electric vehicle industry. “I don’t think the idea of how much potential there is for growth is really understood by the public yet,” Eudora Mayor Tim Reazin said as Panasonic Corp. announced Wednesday that it plans to build a $4 billion battery plant for electric vehicles in De Soto, which is only about 5 [...]

Municipal Bond Trends for July 13, 2022

2022-07-15T07:38:02-05:00July 14th, 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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