Kendall Packaging IDRB redemption
Town of PittsburgKansas- Detected
- Jul 14, 2026
- 111 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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THE 30-SECOND BRIEF
Resolution 1304 authorizes redemption and payment of the City’s 2017A and 2017B industrial revenue bonds for Kendall Packaging and the sale/conveyance of the financed property back to the company. The bonds totaled $8.64 million originally and are now being paid off early. This closes out the IRB financing but signals Kendall Packaging’s long-term commitment to the facility, which may drive future expansion, upgrades, or incentive discussions.
Includes special warranty deed, bill of sale, and lease release; Kendall is exercising its purchase option.
From the meeting
- Meeting date
- July 14, 2026
- Agency
- Town of Pittsburg
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