Westar Energy Issues $350M in Green Bonds
Westar Energy Inc. has issued its first greeen bonds to support renewable energy projects in Kansas. The company issued $350 million in bonds which will be used to invest in various wind energy projects, including the construction of the 280-megawatt Western Plains Wind Farm.
U.S. & Oklahoma Economic Outlook
Megan Williams from the Federal Reserve Bank of Kansas City in Oklahoma City gives on overview of the markets in Oklahoma & Kansas. The presentation was given at the 2016 CDFA Oklahoma/Kansas Financing Roundtable Conference.
Overland Park OKs Redevelopment, Debates TIF
The Overland Park City Council voted 7-4 to rezone the 131-acre Brookridge Golf and Fitness Club site near Interstate 435 and Antioch Road for a 5 million square foot redevelopment project. Members of the city council debated the efficacy of using $600 million in subsidies for the project, which will come from TIF bonds, STAR bonds, and a Community Improvement District.
Historic OKC Building Gets Upgrade
A 100-year-old Oklahoma City building that was once a Model T assembly plant is being turned into a hotel, museum, and restaurant. The redevelopment is being financed through $55 million in private and historic tax credits.
Salina, KS Authorize Bonds for Downtown Field House
The field house is ultimately expected to be funded by $4.5 million from the city of Salina, $4.5 million in private donations and $2.7 million in New Markets Tax Credits, bringing the total to $11.7 million.
Growing Oklahoma's Emerging Small Businesses
Rex Smitherman from i2E speaks on Access to Capital opportunities at the 2016 CDFA Oklahoma/Kansas Financing Roundtable Conference.
Cargill Gets $10M in Tax Breaks, Incentives to Stay in KS
Cargill has committed to stay in Wichita for a minimum of 15 years in exchange for $10 million in tax breaks. The package includes abatements and sales tax exemptions from the state, county, city and school district. Wichita also agreed to provide nearly $42 million in IRBs to build a new facility, and an additional $6 million for the equipment and machinery.
OK Senate Approves $125M in Bonds for Capitol Repairs
The Oklahoma Senate has given final approval to a bill authorizing the sale of $125 million in bonds to complete repairs and renovations to the nearly 100-year-old state Capitol. The measure now heads to Gov. Mary Fallin, who is expected to sign it.
Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.
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