An official State of Kansas government website.

Government Website icon

The .gov means it's official.
A .gov website belongs to an official government organization in the United States.

Padlock icon

The site is secure.
The https:// or lock icon ensures you're safely connected to the website and any information you provide is encrypted.

Publications iconKansas Register

Print icon

Volume 41 - Issue 23 - June 9, 2022

State of Kansas

Kansas Development Finance Authority

Notice of Hearing

A public hearing will be conducted at 9:00 a.m. Friday, June 24, 2022, in the offices of the Kansas Development Finance Authority (KDFA), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposal for the KDFA to issue its Agricultural Development Revenue Bonds for the projects numbered below in the respective maximum principal amounts. The bonds will be issued to assist the borrowers named below (who will be the owners and operators of the projects) to finance the cost in the amount of the bonds, which are then typically purchased by a lender bank who then, through the KDFA, loans the bond proceeds to the borrower for the purposes of acquiring the project. The projects shall be located as shown:

Project No. 001103; Maximum Principal Amount: $193,700. Owner/Operator: Rebecca M. and Brian D. Steinle; Description: Acquisition of 43.46 acres of agricultural land and related improvements and equipment to be used by the owner/operator for farming purposes (the “Project”). The Project is being financed by the Lender for Rebecca M. and Brian D. Steinle (the “Beginning Farmer”) and is located at the Southwest Quarter of the Southwest Quarter of Section 36, Township 39 South, Range 3 East (40.2 acres) in Butler County, Kansas, and the West Half of North 135.3 of LT 2, less Row 135.3x1290 in Section 1, Township 30 South, Range 3 East (3.26 acres) in Cowley County, Kansas, approximately 3 miles south of Douglas, Kansas on US-77 Hwy. and 3 miles west on SW 240th Street.

Project No. 001104 Maximum Principal Amount: $325,000. Owner/Operator: Kenton L. Talley; Description: Acquisition of 122 acres of agricultural land and related improvements and equipment to be used by the owner/operator for farming purposes (the “Project”). The Project is being financed by the Lender for Kenton L. Talley (the “Beginning Farmer”) and is located in Section 3, Netawaka Township, Jackson County, Kansas, approximately 2 miles north of Netawaka, Kansas on State Highway 75.

The bonds, when issued, will be a limited obligation of the KDFA and will not constitute a general obligation or indebtedness of the state of Kansas or any political subdivision thereof, including the KDFA, nor will they be an indebtedness for which the faith and credit and taxing powers of the state of Kansas are pledged. The bonds will be payable solely from amounts received from the respective borrower, the obligation of which will be sufficient to pay the principal of, interest and redemption premium, if any, on the bonds when they become due.

Interested individuals may participate in the public hearing in person or via conference call. Please call 844-621-3956 and use conference identification number 145 880 8929 followed by # to join the conference.

All individuals who appear at the hearing will be given an opportunity to express their views concerning the proposal to issue the bonds to finance the projects, and all written comments previously filed with the KDFA at its offices at 534 S. Kansas Ave., Suite 800, Topeka, KS 66603, will be considered. Additional information regarding the projects may be obtained by contacting the KDFA.

Rebecca Floyd
President

Doc. No. 050218

Secretary of State Seal