Kansas Board of Regents Board Meeting Agenda Packet March 2026
KDFA Approved for $60M Bond Issuance for WSU Stadium Project
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Description
The Board approved the Kansas Development Finance Authority to issue up to $60 million in revenue bonds for renovation and equipping of Wichita State University's stadium. Multiple project phases are included, with bond repayment from university and local tax sources.
Contract Details
Contract Amount
Not to exceed $60,000,000 (plus issuance/interest/reserves)
Vendor
KANSAS DEVELOPMENT FINANCE AUTHORITY
Agency
Kansas Board of Regents, KS
Contract Type
FINANCIAL_SERVICES
Document Date
March 11, 2026
Contract Term
Up to 30 years
Renewal Date
2056-06-30
Renewal Info
Third bond tranche for multi-phase project; previous issuances: Series 2023J ($11.04M), Series 2025D ($6.81M); current issue up to $60M as project progresses.
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