city_of_wichita_resolution_no_25_414_amending_prio.pdf
Wichita Approves $4.65M Bond for Mt. Vernon Project
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Description
The Wichita City Council approved an amendment to authorize the issuance of up to $4,650,000 in sales tax-backed general obligation bonds to finance public improvements on Mt. Vernon from Southeast Boulevard to Oliver. This action increases the prior bond authorization and pledges 50% of city sales tax receipts for repayment.
Contract Details
Contract Amount
$4,650,000
Vendor
GENERAL OBLIGATION BONDS
Agency
City of Wichita, KS
Contract Type
FINANCIAL_SERVICES
Document Date
September 2, 2025
Renewal Info
The amended authorization increases the original bond amount from $4,400,000 as approved under Resolution 25-349. Funding is contingent on the absence of a sufficient protest petition within 30 days of notice publication. Amendment history includes Resolution 25-349, Resolution 24-010, and Resolution 23-014.
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