City of Wichita Council Meeting Agenda May 2026
IRB Letter of Intent Extended for Commonwealth
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Description
The City will extend the Industrial Revenue Bond Letter of Intent and resolution for Commonwealth Development Corporation through December 31, 2027. This action preserves the company's ability to proceed with bond financing under the existing LOI.
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 extended to December 31, 2027; additional renewals beyond that date are not specified.
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