Kansas Board of Regents Board Meeting Agenda Packet March 2026
KS State Ag Innovation Center to Receive $23.5M KDFA Bonds
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Description
The Kansas Board of Regents authorized Kansas State University to have the Kansas Development Finance Authority issue up to $23.5 million in revenue bonds to fund the construction and renovation of key agricultural research facilities and centers as part of the Agriculture Innovation Initiative.
Contract Details
Contract Amount
Not to exceed $23,500,000, plus issuance costs, construction interest, and reserves
Vendor
KANSAS DEVELOPMENT FINANCE AUTHORITY
Agency
Kansas Board of Regents, KS
Contract Type
FINANCIAL_SERVICES
Document Date
March 11, 2026
Contract Term
Bonds up to 30 years; donor-funded cash flow over 10 years; project total expected 2027
Renewal Date
2057-12-31
Renewal Info
Bonds primarily bridge donor pledge payments over 10 years; future amendments possible as project phases proceed.
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