Volume 44 - Issue 5 - January 30, 2025

State of Kansas

Kansas Development Finance Authority

Notice of Hearing

A public hearing will be held on at 9:00 a.m. Friday, February 14, 2025, in the conference room of the Kansas Development Finance Authority (the “Authority”), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposal for the Authority to issue its tax-exempt Revenue Bonds (the “Bonds”) in a principal amount not to exceed $17,850,000, plus all amounts required for costs of issuance of the Bonds, costs of interest on the Bonds during the renovation of the Project, credit enhancement costs, and any required reserves for the payment of principal and interest on the Bonds. The Bonds will be Qualified 501(c)(3) Bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended, and will be issued pursuant to K.S.A. 74-8901 et seq. (the “Act”) to finance the renovation and equipping of the university stadium on the campus of Wichita State University (the “University”) located at 1845 E. 21st St. North, Wichita, Kansas (the “Project”), the principal users of which will be the University and Wichita State University Intercollegiate Athletic Association, Inc., a Kansas not-for-profit corporation.

The Bonds, when issued, will be a limited obligation of the Authority 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 from revenues pledged by the University in amounts 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 via conference call. Please call 844-621-3956 and use conference identification number 145 880 8929 followed by # to join the conference.

At the hearing, all individuals who appear will be given an opportunity to express their views for or against the proposal to issue Bonds to finance the Project, 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 listed above.

Rebecca Floyd
President
Kansas Development Finance Authority

Doc. No. 052828