23 Friday, September 23

Having a rambunctious party in Overland Park could now cost you up to $500

2022-09-23T00:37:39-05:00September 23rd, 2022|

The Overland Park City Council unanimously passed a policy to regulate partying, particularly at short-term rentals, following a fatal shooting in March at an Overland Park property. Council members voted unanimously in favor of the nuisance party ordinance, which regulates gatherings of five or more people that leads to noise complaints, unlawful alcohol or drug use, assault or battery, property damage and littering among other factors. The ordinance would allow officers to cite individuals for criminal conduct and for failing to leave a party once instructed. Source: KC Star Local News

23 Friday, September 23

TPD holds public session on training methods

2022-09-23T00:36:18-05:00September 23rd, 2022|

Thursday night, members of the Topeka Police Department hosted an event to better educate the public about how officers are trained to handle the emergencies they experience on a daily basis. During the session, police instructors outlined the current procedures for training new recruits, and what continued education looks like to veteran officers. The goal of meetings is to open a dialog with the community about the rigorous training Topeka Police officers must complete before they interact with the public. This was the second of two educational presentations about police procedure. Source: KSNT 27 News

22 Thursday, September 22

Notice of Public Meetings in Central and Eastern Kansas for Public Water Supply Lead and Copper Rule Implementation

2022-09-23T09:51:26-05:00September 22nd, 2022|

The Kansas Department of Health and Environment (KDHE) is holding public meetings to help communities and public water supply systems learn about the Environmental Protection Agency’s (EPA) new Lead and Cooper Rule Revisions (LCRR).  Under the LCRR, public water supply systems are required to prepare and maintain and inventory of service line materials.  This inventory is to be submitted to KDHE by October 16, 2024. Public water supply system decision-makers, operators, and the public are encouraged to attend to learn more about the inventory requirements and actions that can be taken to reduce lead exposure risks in drinking water.  Piping containing [...]

22 Thursday, September 22

Municipal Bond Trends for September 21, 2022

2022-09-22T08:01:59-05:00September 22nd, 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.

22 Thursday, September 22

USDA Rural Development Announces $6.3 Million for High-Speed Internet in Rural Communities

2022-09-22T07:59:34-05:00September 22nd, 2022|

U.S. Department of Agriculture (USDA) Kansas State Director for Rural Development Christy Davis today announced $6,319,640 in funding for high-speed internet access for rural residents and businesses in eight counties in Kansas and Nebraska. USDA is making the investments through the third funding round of the ReConnect Program. ... The specifics of this Kansas grant are: A $6,319,640 grant will be used to deploy a fiber-to-the-premises network. This network will connect 704 people, 17 businesses, and 225 farms to high-speed internet in Jackson, Nemaha, Pottawatomie, Republic, Washington, and Riley counties in Kansas as well as Jefferson and Thayer counties in Nebraska. [...]

22 Thursday, September 22

South Hutchinson water rates may be going up, relatively little and then a lot

2022-09-22T07:56:05-05:00September 22nd, 2022|

South Hutchinson city leaders agreed Monday to move the city from having some of the lowest water rates in the state to average rates. While it won’t happen overnight, the council did approve a change Monday that will mean an immediate doubling in rates for some. And there was a consensus of the board to explore trying to reach the state average within just three years.That means rates could more than quintuple from current levels. Source: Hutch News

22 Thursday, September 22

Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation

2022-09-22T07:12:06-05:00September 22nd, 2022|

The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring down inflation running near its highest levels since the early 1980s, the central bank took its federal funds rate up to a range of 3%-3.25%, the highest it has been since early 2008 following the third consecutive 0.75 percentage point move. ... Along with the massive rate increases, Fed officials signaled the intention of continuing to hike until the funds level hits a "terminal rate," or end point of [...]

22 Thursday, September 22

Governor Laura Kelly Celebrates Goodyear Tire Investing $125 Million in Topeka, Adding 40 New Jobs

2022-09-22T07:27:34-05:00September 22nd, 2022|

Governor Laura Kelly today announced the Goodyear Tire and Rubber Co.’s decision to invest $125 million and hire 40 new employees at its Topeka plant as part of modernizing its Kansas facility, which has been in operation since 1945. This announcement comes during Governor Kelly’s ‘Prosperity On The Plains’ tour promoting economic development. “Goodyear’s expansion shows that our laser-like focus on creating jobs and supporting manufacturers benefits Kansans across the state,” Governor Laura Kelly said. “Now, 40 more Kansans will have quality jobs and $125 million will be brought into our communities, reinforcing our state’s ability to compete – and win [...]

22 Thursday, September 22

Fed rate hike pushes 2-year UST above 4%; munis slow to respond

2022-09-22T01:47:13-05:00September 22nd, 2022|

Municipals were mixed after the Federal Open Market Committee implemented a third straight 75 basis point rate hike as it continues to combat inflation, pushing the two-year U.S. Treasury above 4% while the 10-, 20- and 30-year made gains. Equities ended in the red. The FOMC raised the fed funds rate target 75 basis points to a range of 3% to 3.25%, as expected, and members are leaning toward a rate of 4.4% by yearend and 4.6% next year. The post-meeting statement acknowledges upcoming hikes, saying the FOMC "anticipates that ongoing increases in the target range will be appropriate." Source: The [...]

22 Thursday, September 22

Greater Andover Days festival coming up

2022-09-22T01:45:24-05:00September 22nd, 2022|

Routinely put in the fourth weekend after Labor Day, this year’s Greater Andover Days will be held Sept. 30-Oct. 2. The three-day festival will include fun, food and entertainment for the entire family – with over 5,000 attending annually. Among the attractions planned this year are a food court, KidFest activities, photography contest, golf tournament, pickleball tournament, hot dog eating contest, parade, fishing clinic, car show, carnival, live entertainment and more. Source: Derby Informer | Area

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