City of Wichita City Council Meeting Agenda May 5 2026
Industrial revenue bond LOI extended for Commonwealth
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Description
The City of Wichita plans to extend its Industrial Revenue Bond Letter of Intent with Commonwealth Development Corporation through December 31, 2027. This action preserves the developer’s access to potential tax-exempt bond financing for the project.
Contract Details
Vendor
COMMONWEALTH DEVELOPMENT CORPORATION
Agency
City of Wichita, KS
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Extension of Industrial Revenue Bond Letter of Intent and Resolution through December 31, 2027
Renewal Date
2027-12-31
Renewal Info
LOI and resolution extended through 2027-12-31 for the underlying IRB project.
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