Municipal Bond Trends for November 12, 2021

2021-11-15T06:58:20-06:00November 15th, 2021|

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.

End to lawsuit over nixed $300M Olathe project precedes Garmin land deal

2021-11-15T06:46:24-06:00November 15th, 2021|

Key puzzle pieces were sliding into place shortly before Garmin Ltd. completed its purchase of the former Great Mall of the Great Plains site in Olathe. The electronics manufacturer bought 193 acres northwest of Interstate 35 and 151st Street, west of its existing Olathe headquarters. Company officials said the acquisition was made for future facilities and workforce growth. But first, there was a separate property sale and resolution of a civil lawsuit involving two parties who used to own portions of the acreage. Source: Kansas City Business Journal - The Business Journals

States, cities face deadline for proving how quickly they’ve helped renters in crisis

2021-11-15T06:48:14-06:00November 15th, 2021|

States, cities and counties that excelled at distributing emergency federal aid to renters struggling during the pandemic may soon be rewarded — with yet more cash. Their new funding would be drawn from sluggish states and localities that didn’t move as swiftly to help people facing eviction and homelessness, who were targeted for billions in assistance in relief legislation passed by Congress. The potential redistribution comes during a year in which Americans who risked losing their housing looked to government for help and a federal eviction ban expired. Meanwhile, state and local leaders struggled to ramp up their rental relief programs—and [...]

Electric car drivers are growing in the Midwest, now chargers need to keep up

2021-11-15T06:48:34-06:00November 15th, 2021|

Keeping an electric vehicle charged can be a challenge. Even for the editor-in-chief of a website focused on electric vehicles. Just consider the range anxiety of Bill Moore. He was scheduled to talk about the cars at the Nebraska Wind & Solar conference. The 12-volt auxiliary battery on his Nissan Leaf had gone dead. He’d thought, well, he could manage the drive in his backup, an all-electric Fiat 500e. “Unfortunately, Bill had to get a hold of us at about 11 o'clock this morning,” panel moderator and Lincoln Electric System manager Scott Benson said. “It dawned on him, ‘I don’t have [...]

Infrastructure bill’s funds for water systems will be drained quickly

2021-11-15T06:49:04-06:00November 15th, 2021|

The just-passed bipartisan infrastructure bill will provide the EPA with more than $50 billion for improving the nation’s water systems. Anyone who doubts the need for such funding should take a peek at the inbox of Tommy Holmes, legislative director for the American Water Works Association, which represents public and private drinking water utilities across the country. “I have been getting a relatively steady stream of emails and phone calls from water utilities large and small asking ‘all right, how do we apply for the money?’” Holmes said. “And I have to point out that, well, the president hasn’t signed it [...]

Plains Cotton celebrates grand opening of massive Clearwater distribution center

2021-11-15T06:49:16-06:00November 15th, 2021|

On Friday, the Texas-based Plains Cotton Cooperative Association celebrated its presence in the market on Friday with a grand opening event at its massive new warehouse and distribution center in Clearwater. The 473,000 square-foot building is up and running at 13131 W. 95th Street S. in Clearwater Business Park, which is about 20 miles southwest of Wichita. Source: Wichita Business Journal

Burlingame Library: Rescue grant provides materials fund for community patio

2021-11-15T06:49:42-06:00November 15th, 2021|

Workers prepare the site for the Burlingame Library’s new community patio. The Burlingame Community Library was recently awarded a $25,000 American Rescue Plan Act grant for the construction of a community patio. This project was made possible by the State Library of Kansas and the Institute of Museum and Library Services. Source: Osage County Online

Toland: Emporia’s upper-story RHID project will ‘supercharge’ efforts around state

2021-11-15T06:49:58-06:00November 15th, 2021|

Lt. Gov. David Toland toured the location of the state’s first upper-story Rural Housing Incentive District Thursday morning, right here in Emporia. The project, located in the 700 block of Commercial Street, was approved by the Emporia City Commission last month. Local realtors and developers Jamie Sauder and Kristi Mohn are bringing 10 loft apartments to the building. They are also rehabilitating the three first-floor storefronts and possibly adding a fourth storefront that would have access through the breezeway. There will be a climate-controlled storage space in the basement. Source: Parsons Sun

Parsons to review pit bull ordinance

2021-11-15T06:51:02-06:00November 15th, 2021|

Parsons city commissioners Monday will discuss the city’s animal ordinance. The discussion will pertain to pit bulls and vicious dogs. ... Pit bulls are prohibited in the city of Parsons. Commissioners passed the ban in 1997. The city defines pit bull breeds as Staffordshire bull terriers, American pit bull terriers, American Staffordshire terriers or a combination of these. Source: Parsons Sun

Parsons to name industrial park for Wiener

2021-11-15T06:45:11-06:00November 15th, 2021|

Instead of changing a street name, the city of Parsons is looking at renaming Industrial Park No. 2 in honor of the late William “Bill” Wiener. Laura Moore, the city’s community development director, requested feedback about the idea from Parsons city commissioners Wednesday during the commission meeting. “We looked at several options and this was like a nice way to still honor his memory in changing the name of the industrial park,” Moore said. City Manager Debbie Lamb added that changing the name of a street is expensive. “That costs people a lot of money when you go changing names of [...]

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