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CDFA Oklahoma/Kansas Financing Roundtable Newsletter - March 2017
March 29, 2017
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CDFA Oklahoma/Kansas Financing Roundtable Newsletter


Wichita Sets Hearing for River STAR Bond Plan
The Wichita City Council set a public hearing for consideration of the Arkansas River STAR bond project plan. Following the hearing, on May 2nd, the city council may elect to use STAR bond financing to help fund millions of dollars in projects.

P3 Plan Revs Up Stalled Oklahoma Highway
Oklahoma plans to complete an unfunded Tulsa highway project that's been on the books for 50 years with a seven-way partnership that would include an expected $100 million investment from the one private sector partner.

Muskogee Approves $45M Plan to Improve Water Infrastructure
City councilors approved a plan to address a $45 million backlog of "long-deferred maintenance" of Muskogee's water, stormwater and sewer infrastructure by making use of the state's Clean Water State Revolving Loan Fund. 

USDA Announces Funding to Improve Rural Electric Infrastructure
The Rural Development Deputy Under Secretary has announced that the USDA is making loans to electric cooperatives that will help continue to deliver safe, reliable and affordable electricity to rural residents, business and institutions in nine states.

OK Wind Development Behind Zero-Emissions Tax Credit
Oklahoma added almost 1,200 megawatts of wind capacity in the last three months of 2016 as it leapfrogged California to take third place among the states for wind capacity.

Tax Incentives To Be Reviewed in Gov. Fallin's Tax Plans
Reaction concerning Gov. Mary Fallin's plans for the state, remain mixed as members of the northeast Oklahoma legislative caucus begin to react and dissect her annual State of the State address.

House Panel OKs New Way for Big Firms to use Tax Credits
An Arizona House panel on Wednesday advanced a proposal allowing big manufacturing companies like chip-maker Intel to use millions of dollars of existing tax credits they can't currently cash in, despite concerns about the cost.

New Youth Soccer Complex Moves Forward With Help of TIF
The Olathe Planning Commission approved rezoning for a new youth soccer complex. The $27 million project will make use of TIF, industrial revenue bonds, and a community improvement district to help offset some of the development costs.

Upcoming Events

Intro Incentives WebCourse
April 5 - 6, 2017 - Daily: 12:00 - 5:00 PM Eastern
This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

CDFA Oklahoma/Kansas Conference
June 8, 2017 - Salina, KS
Join the CDFA Oklahoma/Kansas Financing Roundtable for a special one-day conference hosted at Kansas State. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Oklahoma/Kansas economy going forward.

Oklahoma/Kansas News

First National Center in Oklahoma City Could Get State Tax Incentives
News OK | Mar. 23 | Tax Credits

Charter School Bond Bill Passes OK Senate
The Oklahoman | Mar. 21 | Bond Finance | Infrastructure Finance

Woodside Improvement District Plan Advances in Westwood, KS
Kansas City Star | Mar. 16 | Tax Increment Finance (TIF)

KS House Embraces $100M Tax Credit to Support Rural Jobs
The Topeka Capital-Journal | Mar. 15 | Rural Development | Tax Credits

OK House Votes to Roll Back Wind Energy Tax Credit
Law360 | Mar. 9 | Energy Finance | Tax Credits

City Hall to Update Residents on Brownfields Fund for Private Environmental Cleanup
Tulsa World | Mar. 3 | Brownfield Financing

Tulsa Brownfields RLF Has Almost $600K Available
Tulsa World | Feb. 28 | Brownfield Financing | Revolving Loan Funds (RLFs)

STAR Bonds and TIF to Fund Baseball Stadium in Wichita
The Wichita Eagle | Feb. 27 | Tax Increment Finance (TIF)

New Additions to the Online Resource Database

Incentives: Compliance Monitoring & Program Evaluation
Economic Development | Incentives
Britt Crum-Cano from the City of Lawrence, Kansas presents on Compliance Monitoring and Program Evaluation with regards to Incentives.

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

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CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • Miles & Stockbridge P.C.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers & Co.
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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