CDFA Missouri Financing Roundtable Newsletter - July 2015

CDFA Missouri Financing Roundtable Newsletter - July 2015
July 8, 2015



Feature
Incentives May Repay $195M in Bonds for Convention Center Hotel The Land Clearance for Redevelopment Authority declared its intent to issue $160 million in bonds for a Kansas City Hyatt convention center hotel and to name St. Louis-based Stifel Nicolaus as the underwriter, according to KCBJ. MO Gov. Signs NGA Bill Allowing Tax Increment Financing Gov. Jay Nixon signed a bill that would allow for additional tax increment financing for a north St. Louis site being considered for the National Geospatial-Intelligence Agency's (NGA) new headquarters. Kearney Adopts Incentive Plan A policy presented by the Kearney Area Development Council has been approved. According to News-Press & Gazette, the resolution authorizes KADC to utilize incentives to attract commercial and industrial businesses that create well-paying jobs to Kearney. Businessman Seeks TIF to Build $385M Development in Osage Beach According to Ozarks First, a developer wants to use tax increment financing to convert a former golf course into a 220 acre, $385 million mixed-use development. The proposed TIF plan from the city would reimburse the developer nearly $56 million in redevelopment costs. The Phone Call That Could Help Governments' Credit Ratings GOVERNING writes on CDFA's recent webcast on municipal credit ratings. Representatives from the Big Three credit rating agencies were guests on CDFA's webcast and provided the audience with insight of the rating industry.
Upcoming Events
CDFA Summer School August 10-14, 2015 - St. Louis, MO CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in St. Louis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Tax Increment Finance, Intro Public-Private Partnership (P3) Finance, Intro Bond Finance, and Intro Rural Finance.
CDFA Spotlight
Congress Reintroduces Modernizing American Manufacturing Bonds Act Rep. Hultgren (R-IL) and Rep. Neal (D-MA) introduced the Modernizing American Manufacturing Bonds Act (MAMBA) of 2015. H.R. 2890, supported by CDFA and hundreds of issuers throughout the country, is a comprehensive package that will modernize and revolutionize manufacturing bonds. For more information: >>> Read The Bond Buyer Article >>> CDFA MAMBA Press Release >>> MAMBA Memo >>> MAMBA Full Description CDFA is actively seeking co-sponsors for H.R. 2890. CDFA requests that all interested parties send letters today asking your House representative to co-sponsor H.R. 2890. CDFA has prepared a sample letter that can be used to contact your Congressional members.
Missouri News
CDFA Brownfields Financing Webinar Series: New Investments with New Market Tax Credits CDFA \| Jul. 7 \| Access to Capital \| Brownfield Financing \| Tax Credits P3's Offer Alternative Model for Water Infrastructure Projects Lexology \| Jul. 6 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing Rural America Matters: Investing in Rural Communities Farm Credit \| Jul. 2 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| Rural Development \| U.S. Dept. of Agriculture (USDA) Enroll Now! CDFA Brownfields Project Marketplace CDFA \| Jun. 30 \| Access to Capital \| Bond Finance \| Brownfield Financing \| Community Development \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| Revolving Loan Funds (RLFs) \| Rural Development \| Tax Credits \| Tax Increment Finance (TIF) \| U.S. Environmental Protection Agency (EPA) P3's Can Solve States' Infrastructure Woes NCPPP \| Jun. 30 \| Bond Finance \| Infrastructure Finance \| Public-Private Partnership (P3) Financing Arrowhead Centre TIF Clears Major Hurdle Lake News Online \| Jun. 29 \| Access to Capital \| Tax Increment Finance (TIF) Buying Visas with Investments Is Big Business, and Congress Is Taking Notice The Washington Post \| Jun. 29 \| Access to Capital \| EB-5 Visa \| Economic Development Cape Girardeau Asking for Projects for Possible TIF District Southeast Missourian \| Jun. 24 \| Local Finance Program \| Tax Increment Finance (TIF) Organizations Expand Broadband Missouri Farmer Today \| Jun. 23 \| Infrastructure Finance \| Rural Development \| U.S. Dept. of Agriculture (USDA) CA Is on Track for a Major Renewable Energy Boost Greentech Solar \| Jun. 23 \| Energy Finance \| Green Finance Senate Version of Passenger Rail Bill Introduced Railway Track & Structures \| Jun. 22 \| Access to Capital \| Infrastructure Finance \| Legislative St. Louis Firms Awarded $300M in New Markets Tax Credits St. Louis Post-Dispatch \| Jun. 17 \| Economic Development \| Federal \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund >>> SEARCH HEADLINES
Sponsors
Roundtable Partner Annual Roundtable Sponsor Conference Premium Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Missouri Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
New Members
Husch Blackwell LLP - St. Louis, MO Midland States Bank - Clayton, MO
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.