Municipal Bond Trends for December 7, 2023

2023-12-08T10:34:59-06:00December 8th, 2023|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your Ranson Financial Municipal Advisor, Larry Kleeman, or Henry Schmidt.

Bel Aire finds manager at City Hall

2023-12-08T10:45:48-06:00December 8th, 2023|

Bel Aire looked no further than City Hall to find its next city manager. The city council on Dec. 5 chose current finance director and assistant city manager Ted Henry to replace Ty Lasher on April 1. Henry has served as the city's finance director for seven years. Mayor Jim Benage said the governing body's confidence in Henry and its familiarity with him made the decision not to spend money searching for other potential candidates an easy one. Lasher's final day will be March 29, 2024. Lasher has been considering retirement since 2022 and was asked to give the city a [...]

Matt Jensby to lead City of Kechi

2023-12-08T08:25:09-06:00December 8th, 2023|

Matt Jensby has been named Kechi's new city administrator. Jensby replaces Kamme Sroufe following her resignation this fall. Jensby served as the police chief in Maize for 18 years after growing up in Valley Center. He is a 1990 Valley Center High School graduate and worked for the Valley Center Police Department for three years before transferring to Maize in 1996. Jensby said he witnessed incredible growth in Maize while working in the city and was inspired to pursue a second career in public administration. Source: Ark Valley News

Committee working to revise Lawrence’s Land Development Code talks incentives, energy

2023-12-08T08:15:22-06:00December 8th, 2023|

While members of the Land Development Code Update Steering Committee didn’t take a look at any new sections of the revised rules for how Lawrence should grow on Thursday, they did participate in plenty of discussion about incentives and energy. ... Those topics, in part, included a discussion of what types of zoning incentives could work in Lawrence. That resulted in a decently-sized list, including ideas like providing more options for developers through less linear incentives, waiving system development charges for affordable housing projects and offsetting the costs for developers creating open spaces or other public amenities. Source: LJWorld

Municipal Bond Trends for December 6, 2023

2023-12-07T08:01:07-06:00December 7th, 2023|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your Ranson Financial Municipal Advisor, Larry Kleeman, or Henry Schmidt.

Johnson County might buy this $6M hotel to convert into a long-needed homeless shelter

2023-12-06T15:10:09-06:00December 6th, 2023|

Johnson County is considering spending $6.5 million in federal COVID-19 relief funding to purchase a Lenexa hotel to be converted into a permanent homeless shelter. It would be a major step forward to meet a growing need in Kansas’ most affluent and populous county, after years of debates and inaction. Next week, the Johnson County Board of Commissioners is expected to consider purchasing the Lenexa property at 9461 and 9471 Lenexa Drive, the site of La Quinta Inn and Suites off of Interstate 35. Source: Joco 913 News

A Wichita young professional dreams of living downtown, but it’s tough to overcome high rents

2023-12-06T15:08:32-06:00December 6th, 2023|

Kyle Ritterbush is one of the young, entrepreneurial professionals Wichita politicians talk so much about wanting to keep. At just 20 years old, he started his video production business last year after graduating high school. He wants to grow it – hiring someone part-time, taking on bigger projects – all while here in Wichita. On the side, he pursues his dream of filmmaking through the city’s Tallgrass Film Festival. He’s currently working on a horror short film to submit next year. But there’s an obstacle to launching his career and becoming a fully fledged adult: moving out of his family’s home. ... Due [...]

Amazon’s Park City warehouse: Delivering millions of orders and community investment

2023-12-06T13:10:32-06:00December 6th, 2023|

The Amazon fulfillment center has already delivered millions of orders this year and it says the busy season just started. It's been a busy year at the massive warehouse in Park City. 900 workers have been sorting through shelves as far as your eye can see and processed six and a half million orders this year. Manager Dillon Cole says busy season has only just begun. Cole says Amazon's involvement in the community means a lot more than just fast deliveries. The company says it's created more than 8,500 jobs across the state and invested $6.2 billion through infrastructure and employee [...]

Great Bend OKs local lake kayak rentals

2023-12-06T13:20:22-06:00December 6th, 2023|

Kayak rentals will come to Veterans Memorial Park and Stone Lake after the Great Bend City Council Monday night approved an agreement between the Great Bend Convention and Visitors Bureau along with the Great Bend Recreation Commission. The rental kiosks will be managed by Northville, Mich.-based Rent.Fun LLC. “This was a very, very big team effort,” CVB Director Christina Hayes said. The CVB received a grant of $12,200 to help pay $10,000 for this project and extra to help advertise and market them. The majority of this is taken care of and paid for by the GBRC. The activation fee of $26,000 for [...]

Zoning hearing set for Park City casino

2023-12-06T10:11:09-06:00December 6th, 2023|

Plans are moving forward on a second casino in Park City, according to The Ark Valley News, with Ruffin Properties officially applying for rezoning of the former Wichita Greyhound Park property northwest of the 77th North/Hydraulic intersection. A zoning hearing will be held Dec. 18. The zone change would shift the property from commercial to a combination entertainment/business district and allow the developer to apply for a special-use permit to construct the previously announced Golden Circle Casino, which would feature historical horse racing (similar to slot machines). Other plans for the property include construction of a bar, restaurant, dance hall, hotel [...]

Go to Top