Volume 41 - Issue 18 - May 5, 2022
State of Kansas
Kansas Development Finance Authority
Notice of Hearing
A public hearing will be held at 9:00 a.m. Tuesday, May 24, 2022, in the conference room of Kansas Development Finance Authority (the “Authority”), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposed issuance by the Authority in one or more series of revenue bonds (the “Bonds”) in a principal amount not to exceed $10,000,000. The Bonds will be issued pursuant to K.S.A. 74-8901 et seq. (the “Act”) to finance the acquisition and rehabilitation of an approximately 118-unit qualified residential rental project under Section 142 of the Internal Revenue Code comprised of approximately 104 scattered-site buildings located at or about:
| 1335 Arapahoe Ave. | 813, 815 Faith Dr. | 901 Pontiac Ave. |
| 1417 Arapahoe Ave. | 821, 823 Faith Dr. | 1532 Pueblo Ave. |
| 1430 Arapahoe Ave. | 829, 831 Faith Dr. | 1538 Pueblo Ave. |
| 1501 Arapahoe Ave. | 835, 837 Faith Dr. | 1713 Redwood Dr. |
| 1511 Arapahoe Ave. | 1323 Franklin St. | 757 Seneca Ave. |
| 1519 Beverly Dr. | 1326 Franklin St. | 759 Seneca Ave. |
| 1525 Beverly Dr. | 1329 Franklin St. | 764 Seneca Ave. |
| 857 Birch Dr. | 1423 Haven Ave. | 810 Seneca Ave. |
| 906 Birch Dr. | 1443 Haven Ave. | 817 Seneca Ave. |
| 739 Cherokee Dr. | 408,410 Hazel Ct. | 870 Seneca Ave. |
| 743 Cherokee Dr. | 414, 416, 418, 420 Hazel Ct. | 881 Seneca Ave. |
| 749 Cherokee Dr. | 1422 Kiowa Ave. | 901 Seneca Ave. |
| 841 Cherokee Dr. | 1436 Kiowa Ave. | 145 S. Columbia Ave. |
| 845 Cherokee Dr. | 1442 Kiowa Ave. | 326 S. Connecticut Ave. |
| 861 Cherokee Dr. | 416 Missouri Ave. | 212 S. Penn Ave. |
| 871 Cherokee Dr. | 433 Missouri Ave. | 668 Steahlin Ave. |
| 875 Cherokee Dr. | 829 Navaho Ave. | 672 Steahlin Ave. |
| 1318 Cheyenne Ave. | 874 Navaho Ave. | 2007, 2009 Tulane Ave. |
| 1329 Cheyenne Ave. | 742 Osage Ave. | 2015, 2017 Tulane Ave. |
| 1422 Cheyenne Ave. | 750 Osage Ave. | 2023, 2025 Tulane Ave. |
| 1442 Cheyenne Ave. | 763 Osage Ave. | 2027 Tulane Ave.* |
| 1500 Cheyenne Ave. | 811 Osage Ave. | 2002 Tulane Ct. |
| 1515 Cheyenne Ave. | 831 Osage Ave. | 2006 Tulane Ct. |
| 768 Choctaw Ave. | 931 Osage Ave. | 2010 Tulane Ct. |
| 800 Choctaw Ave. | 1309 Osage Ct.* | 2014 Tulane Ct. |
| 820 Choctaw Ave. | 1317 Osage Ct. | 2018 Tulane Ct. |
| 828 Choctaw Ave. | 1323 Osage Ct. | 2022 Tulane Ct. |
| 861 Choctaw Ave. | 1329 Osage Ct. | 2026 Tulane Ct. |
| 821 Commanche Ave. | 1335 Osage Ct. | 2030 Tulane Ct. |
| 1024 E. Gypsum Ave. | 1341 Osage Ct. | 2034 Tulane Ct. |
| 412 E. Walnut St. | 1347 Osage Ct. | 1021 Vassar Dr. |
| 420 E. Walnut St. | 1351 Osage Ct. | 625 Viemont Ave. |
| 749, 751, 753 Faith Dr. | 630 Park Place | 631 Viemont Ave. |
| 755, 757, 759 Faith Dr. | 1316 Ponca Ave. | 663 Viemont Ave. |
| 805, 807 Faith Dr. | 1329 Ponca Ave. | |
| * Denotes lots or buildings that will be used for purposes other than a dwelling unit. | ||
in the City of Salina, Kansas, to be collectively known as Salina RAD Homes (the “Project”), the principal user of which will be Salina RAD Homes, LP, a Kansas limited partnership (the “Borrower”).
The Bonds will be limited obligations of the Authority, payable solely from revenues pledged by the Borrower, and will not constitute a general obligation or indebtedness of the State of Kansas or any political subdivision thereof, nor will the Bonds constitute an indebtedness for which the faith and credit and taxing powers of the State of Kansas are pledged, but the Bonds will be payable solely and only from revenues pledged by the Borrower in amounts sufficient to pay the principal of, interest and redemption premium, if any, on the Bonds.
Interested individuals may participate in the public hearing in person or via conference call. Please call 415-655-0001 and use access code 145 880 8929 followed by # to join the conference.
At the time and place fixed for the hearing, all individuals who appear will be given an opportunity to express their views for or against the proposal to issue the Bonds, and all written comments previously filed with the Authority at its above referenced offices will be considered. Additional information regarding the project may be obtained by contacting the Authority at the address of its offices shown above.
Rebecca E. Floyd
President
Doc. No. 050095
