5 Tuesday, July 5

Municipal Bond Trends for July 1, 2022

2022-07-05T08:10:11-05:00July 5th, 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.

5 Tuesday, July 5

Here’s the timeline for Wichita’s $357 million sewer upgrade project

2022-07-05T08:09:34-05:00July 5th, 2022|

Engineering design work on Wichita’s wastewater treatment plant 1 has been awarded to PEC and plant 2’s upgrades are being designed by CDM Smith. Construction on the $357 million project is expected to start in 2023 and finish in 2027. The city has been approved to apply for a federal loan through the Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA), which could cover up to 49% of project costs. Officials hope to supplement that with a revolving loan through the Kansas Department of Health and Environment. Here’s a look at the city’s timeline for the biological nutrient removal [...]

5 Tuesday, July 5

Rosalia to Be Among the First in the Nation to Get up to 2 Gbps Fiber Internet

2022-07-05T08:08:54-05:00July 5th, 2022|

This summer, local broadband provider SKT is breaking ground on a rural fiber project in Rosalia, located about 12 miles east of El Dorado. With fiber, Rosalia will be among the first in the nation to get 2 Gbps symmetrical internet service – up to 2,000 Mbps for both download and upload. That’s 26 times faster download and 200 times faster upload speed compared to what’s offered with the existing copper infrastructure. The project is expected to be complete by the end of the year. This project is part of a greater initiative by both SKT and Twin Valley – together [...]

5 Tuesday, July 5

Wichita Offering Incentives to Purchase Electric Lawnmowers

2022-07-05T08:08:04-05:00July 5th, 2022|

The City of Wichita will pay you $50 to replace combustion lawn equipment with electric or battery-powered lawn equipment. The pilot program aims to incentivize individuals and help the city control its ozone emissions. Non-road mobile sources make up between 25% to 36% of local emissions. Lawnmowers and other lawn equipment are estimated to account for 50%-90% of those sources. The lawn care equipment rebate pilot program is an effort to mitigate the ozone emissions within the city’s control. Source: 101.3 KFDI

5 Tuesday, July 5

Chicopee dedicates memorial today to commemorate the first rural water district in Kansas

2022-07-05T08:06:45-05:00July 5th, 2022|

The Chicopee Rural Water District today recognized the prior Chicopee School, District 62, and the Chicopee Rural Water District with a new memorial dedication. The CRWD previously erected its brick and stone cut memorial and flagpole this year that displays the names of the first board of directors. Today, they hosted its dedication ceremony. Officials say the Chicopee school was among the first 100 school districts established in Crawford County, KS, in 1869. It served the community for 100 years; closing in 1969. Source: KOAMKOAM

3 Sunday, July 3

With 85 vacant positions, City of Lawrence continues to see impact of ‘great resignation’ and tight labor market

2022-07-03T09:56:40-05:00July 3rd, 2022|

Coming out of a pandemic that disrupted the personal and work lives of many, City of Lawrence officials say they are continuing to see the effects of the so-called “great resignation,” with 85 city positions currently sitting vacant. Director of Human Resources Megan Dodge, who herself has been in her position less than a year, said that the city’s workforce has not escaped national trends that began during the pandemic, when employers saw high resignation numbers as many people changed jobs. Dodge said that at one point this year the city had more than 100 open positions, and that the job [...]

1 Friday, July 1

Former Mayor Carol Marinovich helped unify WyCo, launch new era of growth

2022-07-01T08:37:54-05:00July 1st, 2022|

At the end of the 1980s, Kansas City, Kansas, was languishing. Blight had been creeping in for decades. Adult entertainment establishments proliferated, and the population saw steady declines. A City Council member at the time, Carol Marinovich began a grassroots movement to revive the area. Backed by others on the council, she recognized the need for a single government to bring the community back to life, socially and economically. The Unified Government of Wyandotte County/Kansas City, Kansas, was born, consolidating the city and county governments and sparking a renaissance of development. Source: Kansas City Business Journal

1 Friday, July 1

10-year Treasury yield falls to near one-month low as recession fears intensify

2022-07-01T08:25:20-05:00July 1st, 2022|

U.S. Treasury yields were mixed on Friday as investors continued to assess the risk of an economic downturn. The yield on the benchmark 10-year Treasury note was trading marginally lower at 2.972%, paring losses after falling to 2.941% earlier in the session — its lowest level since June 6. Meanwhile, the yield on the 30-year Treasury bond rose 3 basis points to 3.158%. The 2-year Treasury rate, which is typically more sensitive to U.S. monetary policy changes, was down around 2 basis points at 2.912%. The 2-year note reversed some of its losses after falling to a one-week low of 2.895%. [...]

1 Friday, July 1

Mission Hills Country Club responds to pickleball noise lawsuit

2022-07-01T08:23:45-05:00July 1st, 2022|

The Mission Hills Country Club has responded to a lawsuit against them that claims the club’s pickleball court noise is causing a married couple “emotional distress.”... The lawsuit called for a temporary injunction to prevent the club from using tennis courts as pickleball courts, as well as a permanent injunction from building pickleball courts or playing it within 600 feet of the Franklins’ property line. Mission Hills Country Club denied a slew of allegations in an answer filed with the Johnson County District Court on June 16. The country club denies a number of allegations in the lawsuit... Source: Shawnee Mission [...]

1 Friday, July 1

Dodge City lifts water watch

2022-07-01T08:22:32-05:00July 1st, 2022|

The City of Dodge City Water Watch that was issued on June 17, 2022, is lifted effective Friday, July 1. Following the Water Conservation Plan and Ordinance No. 3583, a water watch is terminated when the triggering events have ceased to exist. “Currently, water tower levels are back to normal,” said Director of Public Works Corey Keller. “Additionally, the five-day average use flows below 10.75 million gallons per day. These were the two criteria that triggered us to issue the watch.” Source: Western Kansas News

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