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CDFA Missouri Financing Roundtable Newsletter - December 2015

CDFA Missouri Financing Roundtable Newsletter - December 2015
December 16, 2015
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CDFA Missouri Financing Roundtable Newsletter

Feature

The Helzberg TIF Comes with Costs for BNIM and for KCPS
Members of Kansas City's EDC have been called on to not let up on the use of development incentives in the city's urban core after KCPS parents turned in a referendum looking to put the use of TIF for Helzberg's building to a public vote last week.

Gov. Nixon Calls on Legislature to Focus on Economic Development in 2016
Governor Nixon views making longer term investments of infrastructure along with continuing to support the Missouri Technology Corporation and education priorities for the Legislature next session.

St. Louis Parking Bonds Upgraded
The Bond Buyer reports that St. Louis' parking revenue bonds were upgraded by S&P after a recent rate increase, moving the subordinate lien to A-minus from BBB-plus and the senior lien to A from A-minus.

Historic Building Highlight: Nelkin-Piper Building, Trozzolo Communications Group
After Kansas City's historic Nelkin-Piper building renovation ran into unexpected costs, $2.5 million in historic, Brownfield, Enhanced Enterprise Zone tax credits, and tax increment financing helped get the project completed.

Overland Park Approves TIF for Community Funding
The Kansas City Star reports that the Overland Park City Council recently approved a policy that favors the use of TIF for redevelopment and development projects, a first for the city.

US DOE Releases Energy Investment Partnerships Guide
The United States Department of Energy released the Energy Investment Partnerships Guide, a technical document authored by the Council of Development Finance Agencies that examines how state and local governments can leverage private capital to drive clean energy investment and development.

Upcoming Events

Fundamentals of Economic Development Finance WebCourse
January 27-28, 2016 - Daily: 12-5pm (EST)
The Fundamentals Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

Missouri News

Kansas City's Northland Model Redevelops with TIF
KCUR 89.3 | Dec. 11 | Redevelopment | Tax Increment Finance (TIF)

US SBA Awards MO $600K to Boost Export Opportunities
Herald-Whig | Dec. 11 | Access to Capital | Federal | International | State Finance Program | U.S. Small Business Administration (SBA)

Crossroads TIF Opponents Turn in Signatures to Halt BNIM Project
The Kansas City Star | Dec. 11 | Community Development | Local Finance Program | Tax Increment Finance (TIF) | Urban Development

$148M Grand Reserve Hotel Project Clears TIF Hurdle
Kansas City Business Journal | Dec. 10 | Tax Increment Finance (TIF)

Task Force Leans on MO for Stadium Financing
St. Louis Post-Disptach | Dec. 8 | Bond Finance

November 2015 Tax Credits and Incentives Update
The National Law Review | Dec. 8 | Tax Credits

Moberly, MO Class-Action Shows Underwriters' Duties in Muni Offerings
The Bond Buyer | Dec. 2 | Bond Finance

Menards Proposes a 100-Job Distribution and Manufacturing Facility in Lawrence
The Kansas City Star | Dec. 2 | Economic Development

Kansas City Commercial Redevelopment Takes Slow Steps Forward
Kansas City Business Journal | Nov. 23 | Community Development | Economic Development | Redevelopment

Sedalia City Council Approves TIF District
Sedalia Democrat | Nov. 23 | Tax Increment Finance (TIF)

States Finding Own Roads to Highway Funding
The Bond Buyer | Nov. 20 | Federal | Infrastructure Finance | State Finance Program

Independence Considers Annexing 11 Acres for Grocery Store TIF
Kansas City Business Journal | Nov. 18 | Community Development | Economic Development | Tax Increment Finance (TIF)

Gov. Nixon Announces $1.2M in Funding for Disaster Relief Planning
The Missouri Times | Nov. 18 | Community Development | Infrastructure Finance | State Finance Program


Sponsors

Roundtable Partner

Missouri Economic Development Financing Association

Annual Roundtable Sponsor

Peckham Guyton Albers & Viets, Inc. Spencer Fane Britt & Browne LLP Thompson Coburn LLP

Conference Premium Sponsor

Missouri Department of Economic Development

Conference Supporting Sponsor

Lewis Rice

For information about sponsoring the CDFA Missouri Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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