City of Wichita Awards Financial Services Contract to Wesley Medical Center LLC (August 2026)
City of WichitaCity · Wichita, KS- Disclosed value
- Not to exceed $150,000,000 in taxable industrial revenue bonds; estimated $11,250,000 sales tax exemption value
- From agenda
- Approved
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
The Wichita City Council approved a Letter of Intent and Resolution No. 26-282 to issue up to $150 million in taxable industrial revenue bonds for Wesley Medical Center, LLC facility improvements. The financing will provide an estimated $11.25 million in sales tax exemption, with Wesley covering issuance costs and annual IRB fees over the term through 2031.
Wesley Medical Center LLC holds this financial services contract with City of Wichita. Its other public contracts on record include work for Harvey County.
The renewal date is on record. A free account shows it, with the renewals for every City of Wichita contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $150,000,000 in taxable industrial revenue bonds; estimated $11,250,000 sales tax exemption value
- Document date
- August 4, 2026
- Term
- LOI effective October 1, 2026 through December 31, 2031; bonds to be issued in 2028 and 2031
- Renews
- Free account
- Agency
- City of Wichita
- Source document
- City of Wichita City Council Agenda 2026-08-04 (Agenda)
Wesley Medical Center LLC's other public contracts
More City of Wichita contracts
Questions about this contract
Who was awarded the financial services contract by City of Wichita?
Wesley Medical Center LLC was awarded this financial services contract by City of Wichita, as recorded on August 4, 2026. The contract value is Not to exceed $150,000,000 in taxable industrial revenue bonds; estimated $11,250,000 sales tax exemption value.
How much is the Wesley Medical Center LLC contract with City of Wichita worth?
The Wesley Medical Center LLC contract with City of Wichita is valued at Not to exceed $150,000,000 in taxable industrial revenue bonds; estimated $11,250,000 sales tax exemption value, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Wichita City Council Agenda 2026-08-04 (Agenda), dated August 4, 2026 from City of Wichita. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Wesley Medical Center LLC hold?
Wesley Medical Center LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Wichita currently buying?
Explore City of Wichita's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.