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FINANCIAL_SERVICESEXTENDED

City of Wichita Council Meeting Agenda May 2026

IRB Letter Of Intent Extended For Commonwealth

City of WichitaCOMMONWEALTH DEVELOPMENT CORPORATIONMay 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Wichita City Council will extend its Industrial Revenue Bond Letter of Intent with Commonwealth Development Corporation through December 31, 2027. This preserves the developer’s access to City-sponsored tax-exempt financing for the planned 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 for Industrial Revenue Bonds and associated resolution are extended to December 31, 2027; prior expiration date is not specified here.

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