Olathe, Kan., plans to price $86.5 million bonds, temporary notes in competitive sales

By Cristal Cody

Springdale, Ark., April 28 - Olathe, Kan., expects to price $86.5 million bonds and temporary notes on May 6, the issuer said Monday.

The $37 million series 211 general obligation bonds (Aa2) and $49.5 million series 2008A general obligation temporary notes (MIG 1) will be sold in competitive sales, said Maureen Rogers, accounting manager.

George K. Baum & Co. is the city's financial adviser.

Proceeds will provide financing for more than 50 capital improvement projects in the city, including street improvements and a railway track project.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.