City of Hays Agenda Packet 2026-05-21
IRB Resolution of Intent Backed for Willow Grove Project
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Description
Zimmerman Properties, LLC requested that the City of Hays issue industrial revenue bonds for the Willow Grove affordable housing project to secure sales tax exemption on construction materials. Staff recommends adopting a Resolution of Intent to support the IRB financing and the developer’s LIHTC application.
Contract Details
Vendor
ZIMMERMAN PROPERTIES LLC
Agency
City of Hays, KS
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Renewal Info
Resolution of Intent expresses future intent to issue IRBs; actual bond issuance and related agreements will follow upon project and LIHTC approval.
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