info2021-06-08T07:09:30-05:00June 8th, 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.
info2021-06-08T07:04:08-05:00June 8th, 2021|
The Federal Reserve is in the early stages of a campaign to ready markets for reducing its $120 billion in monthly asset purchases to stimulate the economy. ... This time, the Fed is creating a long runway for tapering, making clear that rate increases only come after this process. It also has set a higher standard of economic improvement required for rate increases than it has for asset purchase reductions. [Fed Vice Chair for bank supervision Randal] Quarles late last month made that separation clear, saying: “It will become important for the FOMC to begin discussing our plans to adjust the [...]
info2021-06-08T07:04:53-05:00June 7th, 2021|
When it comes to multifamily conversions, a growing number of extended-stay hotel properties in Overland Park have whet out-of-state developers' appetites. Ruttenberg Gordon Investments (RGI), a Chicago-based real estate investor, looks to rezone the La Quinta Inn & Suites by Wyndham Overland Park at 10610 Marty St. so its 143 rooms can become 143 apartments. The existing three-story hotel building could be retrofitted to house 121 studios and 22 one-bedroom units, with 194 combined existing and new parking spaces. All amenities, including a pool, will remain within an interior courtyard, site plans show. Source: Kansas City Business Journal
info2021-06-08T07:05:22-05:00June 7th, 2021|
There’s something fishy going on in Eureka. The town is using a big catch to put some big dollars back into the community. From the biggest fish at 42.5 pounds nor the smallest ones, the flathead catfish tournament makes a splash in Greenwood County. The Shakin’ ShoDown is fun for the kids and even worth winning a few trophies, but the weight of this event carries heavier than some of these large fish. The reason why is because all of the funds go back into the community to help those in need. Source: KSN-TV
info2021-06-08T07:05:50-05:00June 7th, 2021|
The longest-running professional golf tournament in the state of Kansas is teeing off its 41st year Monday after being canceled last year due to COVID. The Southwest Kansas Pro-Am golf tournament is known for bringing in elite play, but for many, what makes it special is that every swing, drive, and putt helps babies in need. For the past four decades, 100% of the tournament’s proceeds have benefitted the Newborn Intensive Care Unit (NICU) at St. Catherine Hospital in Garden City. Source: KSN-TV
info2021-06-08T07:06:37-05:00June 7th, 2021|
From 2018 to 2019, the U.S. population grew by .48%, its slowest rate in 100 years. Declining births, increasing deaths largely due to the graying Baby Boomer population, and a crackdown on immigration have contributed to many states seeing net population losses in recent years. But in other pockets of the country, populations are growing. These shifts can be due to job opportunities, high quality of life, easy commutability to job centers, low rents, or any combination of these or other factors. Stacker compiled a list of the fastest-growing counties in Kansas using data from the U.S. Census Bureau. Counties are ranked by the [...]
info2021-06-08T07:08:49-05:00June 7th, 2021|
Thousands of Kansans have had unemployment benefits put on hold due to fraudulent claims. A new partnership between the Department of Labor and several law enforcement agencies across the state aims to fix that. Monday was the first day of the program in Sedgwick County ... The process to be verified is simple, you just bring some legal form of identification, like a passport or driver's license and social security card to the records office at the county jail. There, they verify your identity and send that information on to KDOL, with the goal of speeding up the process. Source: KAKE - [...]
info2021-06-07T08:06:53-05:00June 7th, 2021|
If you have driven down S.W. Huntoon Street past S.W. Warren, you might have looked to your left and noticed a community garden overflowing with produce and plants. Bill Randall wants Topekans to consider the nutritional benefits of a vegetable garden and the importance of urban agriculture. ... According to Randall, the garden was first created in 1938 by William Cawker, a former Topeka fire chief. Cawker purchased the land with the intention of building a home but instead built a victory garden as World War II caused food shortages. Source: CJonline.com.
info2021-06-07T07:43:26-05:00June 7th, 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.
info2021-06-07T07:39:35-05:00June 6th, 2021|
Manhattan city manager Ron Fehr told Riley County commissioners Thursday that he is “certainly excited about the opportunity” for the proposed Museum of Art and Light. “It would be a world-class facility,” Fehr said. On Tuesday, Manhattan city commissioners approved the use of sales tax and revenue (STAR) bonds for the creation of the museum next to the Flint Hills Discovery Center. Officials expect the Kansas secretary of commerce to decide in the next few weeks whether the project is an appropriate use of STAR bonds. Officials estimate the total project cost at $43.6 million plus the cost of the land. [...]
