Kansas City, Mo., authority to redeem downtown redevelopment bonds

By Marisa Wong

Madison, Wis., April 29 - The Industrial Development Authority of the City of Kansas City, Mo., said it will redeem all of its Kansas City Downtown Redevelopment District variable-rate demand tax-exempt revenue bonds, series 2005B, 2006A and 2006B, on June 1.

The bonds will be redeemed at par plus accrued interest to the redemption date.

To be redeemed are the following bonds:

• $63.305 million of 2005B bonds due Dec. 1, 2032;

• $67.715 million of 2006A bonds due Dec. 1, 2032; and

• $44.95 million of 2006B bonds due Dec. 1, 2032.

UMB Bank, NA is the trustee.

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