Volume 43 - Issue 25 - June 20, 2024
State of Kansas
Kansas Development Finance Authority
Notice of Hearing
A public hearing will be held at 9:00 a.m. June 27, 2024, in the conference room of Kansas Development Finance Authority (the “Authority”), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposed issuance, or reissuance, by the Authority in one or more series of tax-exempt facility revenue bonds (the “Reissued Bonds”) in a principal amount of not to exceed $4,470,000 to refund and reissue the Authority’s Multifamily Housing Revenue Bonds (Davidson’s Landing Apartment Homes Project) Series 2021E-2 (the “Refunded Bonds”), which were originally issued as qualified residential project bonds under Section 142 of the Internal Revenue Code. The proceeds of the Refunded Bonds were applied to finance a portion of the costs of the construction and equipping of an approximately 115-unit multifamily housing development for persons of low and moderate income located at or about 651 N. 65th St., Kansas City, Kansas, and known as Davidson’s Landing Apartments (the “Project”). The Project was initially, and is currently, owned and operated by Davidson’s Landing WHP, LP, a Kansas limited partnership (the “Borrower”).
The Reissued 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 Reissued Bonds constitute an indebtedness for which the faith and credit and taxing powers of the State of Kansas are pledged, but the Reissued 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 Reissued Bonds.
Interested individuals may participate in the public hearing in person or via conference call. Please call toll free 844-621-3956 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 any specific Reissued Bonds, and all written comments previously sent to 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
Kansas Development Finance Authority
Doc. No. 052234