Municipal Bond Trends for March 1, 2021

2021-03-02T07:18:41-06:00March 2nd, 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.

Historically Speaking: How Life Changed in Dodge City Overnight: The Quarantine

2021-03-02T07:07:35-06:00March 2nd, 2021|

One hundred and thirty-six years ago on March 8, 1885, life changed drastically in Dodge City. On that date, Dodge City's biggest economic boon abruptly ended with the enactment of a quarantine law prohibiting the introduction of Texas long horn cattle into Kansas and, most importantly, Dodge City. City fathers and business owners knew there would be no more seasonal visits by the Texas cowboys and their long horns. For the past 10 or 11 summers, these cattle drives had been the economic mainstay for Dodge City. Source: Dodge City Daily Globe.

Leading judges, legal experts push specialty courts as key justice tool in reducing recidivism

2021-03-02T07:09:32-06:00March 1st, 2021|

Specialty courts across the state are receiving high praise from criminal justice advocates and experts for their effectiveness in reducing recidivism rates for those who embark on the “therapeutic” process. These courts are an attempt to address the systemic causes within the criminal justice, whether it be an addiction, mental health disorders, or aiding veterans with demons they carry from their service. Defendants enter into agreements with the court and proceed through a vigorous program, generally 18 months long, with intense supervision from the judge and other professionals. Upon completion of the vigorous program, typically 18 months long, the judge may [...]

Kansas House signals support for bill requiring construction notice of ‘abominable’ utility poles

2021-03-02T07:10:04-06:00March 1st, 2021|

Kansas House legislators cast support Monday behind a bill increasing community regulatory oversight for construction of urban electric transmission mega poles. The legislation was sparked by a 2018 Westar Energy — now Evergy — project, in which the utility company installed dozens of 105-foot transmission lines in a low-income neighborhood of northeast Wichita. Residents criticized the project for damaging property values and argued these poles would not have been installed in wealthier neighborhoods. A measure in response to the construction project would require an electric utility company to provide at least a six-month notice before beginning construction of these behemoth transmission [...]

New Riley County health order starts Monday, lifting most restrictions on bars and restaurants

2021-03-02T07:10:10-06:00March 1st, 2021|

A new Riley County health order goes in to effect Monday giving bars and restaurants more freedom. Aside from the mask requirement, bars and restaurants are now back to pre-pandemic rules. Bars and restaurants in Riley County can now operate at full capacity and stay open until 2:00 a.m. Bartenders can now take orders from customers at the bar, which was not allowed under the previous order. Scott Sieben is the owner of Kite's Bar & Grill, Rocking K's, and Mr. K's Cafe and Bar in Manhattan. He said this is a big step towards putting the past year behind them. [...]

Wichita police: Squatters’ shotgun went off as cops moved furniture in vacant house

2021-03-02T07:10:33-06:00March 1st, 2021|

Police say two squatters, a 46-year-old man and a 43-year-old woman, have been jailed in connection with a case where three Wichita officers were wounded by a shotgun blast at a south-side home that was supposed to be vacant. James Alden Hathorn and Tiffany Lynn Vulgamore were arrested Sunday morning at the home in the 1400 block of South St. Francis where the officers were injured the previous afternoon. Wichita police detectives checking the home caught the pair as they were trying to enter it, the police said in a Monday afternoon news release. Source: Local News | Wichita Eagle

Study: Wichita falls behind Topeka, Lawrence on share of Gen-Z renters in state

2021-03-02T07:10:56-06:00March 1st, 2021|

Wichita ranked third on a recent list of the top-five cities in Kansas with the largest number of Gen-Z renters, according to a report published last week by RENTCafé, an online listing website for rental properties. Wichita fell behind Topeka and Lawrence on the list, which is based on rental application data from RentGrow Inc. That means the youngest Kansans — renters 24 and younger — are so far more likely to rent elsewhere, despite all of Wichita's efforts to attract and retain young talent. Source: Wichita Business Journal

Johnson County to begin vaccinating those 65 and older this week

2021-03-02T07:11:24-06:00March 1st, 2021|

After weeks of focusing its clinics on those 80 years and older, the Johnson County Department of Health and Environment expects to expand its vaccination distribution to people 65 and older this week. First dose vaccine appointments for people older than 80 should wrap up with Tuesday’s planned clinics, county health director Sanmi Areola, Ph.D., said. Clinics for those in the 65-79 age group should begin Wednesday. Source: Prairie Village Post

Shawnee residents will be able to play pickleball on remade tennis courts at two city parks

2021-03-02T07:16:21-06:00March 1st, 2021|

Pickleball lines and nets will be part of the new tennis courts coming to Listowel and Herman Laird parks in Shawnee. Shawnee is planning to replace the aging tennis courts at both parks and also get new fencing and court lighting. Listowel Park is located at West 71st Street and Quivira, and Herman Laird Park is on Johnson Drive near downtown. Source: Prairie Village Post

Fed policy changes could be coming in response to bond market turmoil, economists say

2021-03-02T07:16:56-06:00March 1st, 2021|

While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumult in the bond market. The moves could happen as soon as the upcoming March 16-17 Federal Open Market Committee meeting, according to investors and economists who are watching recent action closely and expect the central bank to address some distortions that have occurred. One possible move would the third iteration of Operation Twist, a move the Fed last made nearly a decade ago during market tumult around the time of the European [...]

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