info2022-05-25T23:25:38-05:00May 25th, 2022|
Waterville recently became home to an electric vehicle charging station thanks to the Kansas Power Pool. The power pool, provider of electricity to the city of Waterville, installed the station on the east side of Kansas Street across the street east of the historic Weaver Hotel. Anyone is welcome to use it. Source: The Marysville Advocate
info2022-05-26T07:36:19-05:00May 25th, 2022|
For several weeks, the Pottawatomie County commissioners have been mulling over whether to approve two rural tourism conditional use permits. The commissioners are new to the process of approving or denying CUPs, as this is something that previously was done solely by the planning commission. ... Greg Ferkol is requesting a CUP for a children’s playground and an event center at his apple orchard along Myer’s Valley Road. The planning commission has already approved the CUP and there are no protest petitions, therefore only a simple majority from the commission is needed. Source: themercury.com - RSS Results in news of type [...]
info2022-05-26T07:37:49-05:00May 25th, 2022|
About 32% of city roads are in “poor” or worse condition, according to the city government’s pavement condition findings. This puts the city’s roads in worse condition than they were in 2017, when a sales tax intended to repair them was enacted. The majority of the city commission on Tuesday indicated support in renewing the tax. Public works director Rob Ott on Tuesday spoke to the Manhattan City Commission about the pavement condition index (PCI), which it is measured between 0 and 100. The last PCI assessment in 2017 showed that 26% of Manhattan roads were poor or below, with an [...]
info2022-05-26T07:39:19-05:00May 25th, 2022|
A bond issue for USD 258 passed by a resounding margin Tuesday night. Unofficially, a total of 381 ballots were cast for the special election, with more than 67 percent of the vote in favor of the $17.45 million bond issue. ... The construction phase will then take 18 to 24 months to fully complete. The state of Kansas will pick up some of the tab, contributing 11 percent — equaling $3 million of the bond’s total principal and interest. The bond’s blueprint is geared toward upgrades of the district’s buildings, while prominently addressing security and maintenance needs. Source: www.chanute.com
info2022-05-25T07:32:54-05:00May 25th, 2022|
A judge has ruled that a longtime Lawrence strip club has been operating illegally under city code and has issued an order permanently prohibiting the club from doing business at its current location. In a lawsuit filed Feb. 2 in Douglas County District Court, the city alleged that Allstars has been operating without the license required for a sexually oriented entertainment business. The city also claimed Allstars is ineligible to receive such a license under city code due to its proximity to homes and a city park, and requested that the court permanently prohibit Allstars from operating at its current location [...]
info2022-05-25T07:21:31-05:00May 25th, 2022|
State Revenue officials say sales tax refunds authorized by the Kansas Department of Revenue’s Audit Division required all municipalities in Reno County to take a hit in sales tax receipts for May. Additional details on those refunds, including how much they amounted to, what period they were from and how many businesses were involved, were not available. It was also unclear if the refunds related specifically to compensating use taxes or if that’s just how the state decided to tap the funds. Either way, the result was a 91% drop in compensating use tax receipts going to the county compared to [...]
info2022-05-25T07:15:38-05:00May 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.
info2022-05-25T00:51:55-05:00May 25th, 2022|
Federal Reserve Bank of Kansas City President Esther George said she expects the central bank to raise interest rates to 2% by August, with the further course of tightening being guided by how surging inflation cools off. “Fed policymakers have emphasized a commitment to act expeditiously to restore price stability, and I expect that further rate increases could put the federal funds rate in the neighborhood of 2% by August,” George said Monday night in prepared remarks to the bank’s agriculture symposium. “Evidence that inflation is clearly decelerating will inform judgments about further tightening.” The Fed raised interest rates by 50 [...]
info2022-05-25T00:50:05-05:00May 25th, 2022|
The City of Atchison’s E-Community Program is pleased to announce a new loan to Purveyor. Purveyor, a modern-day general store offering mindful goods made by responsible artisans from all over the globe, is to be located at 715 Commercial Street in downtown Atchison. The $40,000 in E-Community Loan proceeds will be coupled with financing from Exchange Bank and Trust to fund the new retail store. “Purveyor is a boutique for the mindful tastemaker,” said Ashley Gill, co-owner. “The curated store will have something for everyone and gifts for all occasions and ages. From home goods to apothecary, pet, gourmet foods, stationery, [...]
info2022-05-25T07:10:58-05:00May 25th, 2022|
Municipals and U.S. Treasuries rallied hard Tuesday as demand for safe-haven assets intensified, while equities ended mixed. Triple-A benchmarks were bumped eight to 10 basis points, depending on the scale, while USTs saw double-digit bumps seven years and in. Source: The Bond Buyer
