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CDFA Oklahoma/Kansas Financing Roundtable Newsletter - December 2016

CDFA Oklahoma/Kansas Financing Roundtable Newsletter - December 2016
December 28, 2016
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CDFA Oklahoma/Kansas Financing Roundtable Newsletter

Feature

City of Topeka Takes up TIF District
The Topeka city council will consider a tax increment financing district for a 13-acre area on the northwest corner of S.W. 29th and Fairlawn.

Oklahoma City's City Council Agrees to Job Incentives
Oklahoma City's city council agreed Tuesday to provide up to $225,000 in job-creation incentives for HealthSmart, a national administrator of health plans for self-funded employers.

PACE Debuts in KC to Close Funding Gap in a Redevelopment Project
A new financing tool, Property Assessed Clean Energy funding, is helping redevelopers convert a former paper warehouse in Kansas City's Crossroads Arts District to apartments. The Walnut Terrace apartments will be at 1721 Walnut St. KEM Studio.

Outrage Erupts After Leaders Establish TIF and STAR Bond District
Overland Park City Council voted to establish tax increment financing (TIF) and a STAR bond district for the controversial Brookridge redevelopment project.

$60M Village South Development Site Expands
Village South, a mixed-use development proposed in Edwardsville, has expanded. The Edwardsville City Council helped the developers by granting $10 million in tax-increment financing and approving a 1-cent community improvement district sales tax.

STAR Bonds Retired on KC Development
Authorities have made the last payment on state-backed bonds used to develop the Village West shopping district in Wyandotte County. Retirement of STAR bonds for the Village West development in Wyandotte County is expected to free $12 million in sales tax revenue annually.

Pittsburg Approves $1.5M of RLF Money to be Provided as a Contribution
Pittsburg City Commissioners approved the city investing $1.5 million in a student housing project. The money will come from the revolving loan fund in two installments of $750,000. Although it comes from the revolving loan fund, the money is a contribution and will not be repaid.

Proposed Wheeler TIF to Include $60M for Two New Schools
 A $120 million tax increment financing district, including $60 million for two schools, was unveiled Monday as part of plans to create a mixed-use neighborhood at the former Downtown Airpark along the Oklahoma River.

Oklahoma/Kansas News

President-elect Promises to Keep TEBs
Politico | Dec. 16 | Bond Finance | Federal



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
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Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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