IRB Letter of Intent Extended for Commonwealth Development
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Description
The City Council will vote on extending Commonwealth Development Corporation’s Industrial Revenue Bond Letter of Intent and related resolution through December 31, 2027. The extension maintains the developer’s access to IRB financing for its project.
Contract Details
Vendor
COMMONWEALTH DEVELOPMENT CORPORATION
Agency
City of Wichita, KS
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Through December 31, 2027
Renewal Date
2027-12-31
Renewal Info
Letter of Intent and associated resolution are extended to December 31, 2027, providing additional time to close on Industrial Revenue Bonds.
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