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Publications iconKansas Register

Volume 41 - Issue 35 - September 1, 2022

(Published in the Kansas Register September 1, 2022.)

City of Wichita, Kansas

Summary Notice of Bond Sale
General Obligation Bonds
Series 827

Taxable General Obligation Bonds
Series 829

General Obligation Bonds
Series 830

(General Obligation Bonds Payable from Unlimited Ad Valorem Taxes)


Subject to the Official Notice of Bond Sale, dated August 23, 2022, separate electronic bids for the purchase of each series of the above-referenced bonds (collectively, the “Bonds”) of the City of Wichita, Kansas (the “City”) herein described will be received by the Director of Finance of the City via PARITY® until 10:00 a.m. (CDT) (the “Submittal Hour”), on Thursday, September 15, 2022. No bid of less than 100% of the principal amount of each series of the Bonds and accrued interest thereon to the date of delivery will be considered.

Bond Details

The Bonds will consist of fully registered bonds in the denomination of $5,000 or any integral multiple thereof. The Bonds will be dated October 1, 2022 (the “Dated Date”), and will become due in the years as follows:

Series 827 Bonds

The Series 827 Bonds shall become due in principal installments as follows:

Payment Date
(December 1)
2023 $830,000
2024 920,000
2025 965,000
2026 1,000,000
2027 1,030,000
2028 1,060,000
2029 1,090,000
2030 1,125,000
2031 1,160,000
2032 1,205,000

Series 829 Bonds

The Series 829 Bonds will become due in principal installments as follows:

Payment Date
(December 1)
2023 $420,000
2024 540,000
2025 585,000
2026 620,000
2027 665,000
2028 715,000
2029 765,000
2030 805,000
2031 850,000
2032 895,000
2033 950,000
2034 1,005,000
2035 1,070,000
2036 1,140,000
2037 1,205,000

Series 830 Bonds

The Series 830 Bonds will become due in principal installments as follows:

Payment Date
(June 1)
2023 $465,000
2024 760,000
2025 805,000
2026 840,000
2027 880,000
2028 915,000
2029 940,000
2030 975,000
2031 1,010,000
2032 1,040,000
2033 1,080,000
2034 1,120,000
2035 1,160,000
2036 1,205,000
2037 1,250,000
2038 760,000
2039 790,000
2040 825,000
2041 860,000
2042 900,000

The Bonds will bear interest from the Dated Date at rates to be determined when the Bonds are sold as hereinafter provided, which interest will be payable semiannually on June 1 and December 1, beginning on June 1, 2023 (the “Interest Payment Dates”).

Book-Entry-Only System

The Bonds shall be registered under a book-entry-only system administered through DTC.

Paying Agent and Bond Registrar

Treasurer of the State of Kansas, Topeka, Kansas.

Good Faith Deposit

Each bid shall be accompanied by a good faith deposit in the form of a cashier’s or certified check drawn on a bank located in the United States of America or a wire transfer in Federal Reserve funds immediately available for use by the City in an amount equal to 2% of the principal amount of the applicable series of the Bonds.


The City will pay for preparation of the Bonds and will deliver the same properly prepared, executed, and registered without cost to the successful bidder on or about October 14, 2022 to DTC for the account of the successful bidder.

Assessed Valuation and Indebtedness

The Equalized Assessed Tangible Valuation for Computation of Bonded Debt Limitations for the year 2022 is $4,416,911,704. The total general obligation indebtedness of the Issuer as of the Dated Date, including the Bonds being sold, is $701,205,000, which includes the Bonds being sold, the City’s temporary notes which will be issued on the Closing Date, less the City’s previously issued temporary notes to be retired out of proceeds of the Bonds and other funds on the Closing Date.

Approval of Bonds

The Bonds will be sold subject to the legal opinion of Gilmore & Bell, P.C., Wichita, Kansas, Bond Counsel, whose approving legal opinion as to the validity of the Bonds will be furnished and paid for by the City, printed on the Bonds, and delivered to the successful bidder as and when the Bonds are delivered.

Additional Information

Additional information regarding the Bonds, the delivery of the Deposit and notification regarding the same may be obtained from the Department of Finance, 12th Floor, City Hall, 455 N. Main, Wichita, KS 67202-1679, or by contacting:

Mr. Mark Manning
Director of Finance
Fax: 316-219-6242


Ms. Cheryl Busada
Debt Coordinator
Fax : 316-219-6216

Dated August 23, 2022.

Mark Manning
Director of Finance

* Subject to change

Doc. No. 050470