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Sponsor: Director of Finance Department Approving the issuance by the City of Kansas City Missouri of its special obligation bonds in more than one series (collectively, the “Series 2026 Bonds”), including a series of bonds to finance certain projects on a taxable basis with an estimated cost of $45,080,817.20, a series of tax-exempt bonds to finance certain projects on a tax-exempt basis with an estimated cost of $59,246,600.00 and a series of bonds to refund a portion of the bonds issued by The Industrial Development Authority of the City of Kansas City, Missouri to finance the Kansas City Downtown Redevelopment District, such Series 2026 Bonds to be issued in an aggregate principal amount not to exceed $150,000,000; approving and authorizing certain documents and actions relating to the issuance of the Series 2026 Bonds; estimating and appropriating revenue in Fund No. 3456, the Taxable Special Obligation Series 2026A Bond Fund and Fund No. 3457, the Special Obligation Series 2026B and Series 2026C Bond Fund; designating requisitioning authority; declaring the City’s intent to reimburse itself from bond proceeds; authorizing the Director of Finance to modify and close project accounts; and recognizing this ordinance as having an accelerated effective date.

Ordinance Passed Introduced February 20, 2026
Committee
Council
Requested by
Director of Finance
Introduced
February 20, 2026
On agenda
March 5, 2026
Passed
March 5, 2026

Where it was heard

Council Mar 5, 2026 Passed Pass Finance, Governance and Public Safety Committee Mar 3, 2026 Adv and Do Pass Council Feb 26, 2026 referred