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FINANCIAL_SERVICESAPPROVED

City of Lenexa Agenda 2026-05-19

Lenexa IRB Support for CB Rise Development

Up to $21 million (industrial revenue bonds)City of LenexaCB RISE LLCMay 19, 2026

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Description

Lenexa intends to authorize issuance of up to $21 million in industrial revenue bonds to support CB Rise, LLC’s role in The Rise at City Center project. The bonds will finance construction and equipping of the planned 9+ story mixed-use building.

Contract Details

Contract Amount

Up to $21 million (industrial revenue bonds)

Vendor

CB RISE LLC

Agency

City of Lenexa, KS

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

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