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Publications iconKansas Register

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Volume 44 - Issue 26 - June 26, 2025

State of Kansas

Kansas Development Finance Authority

Notice of Hearing

A public hearing will be held at 9:00 a.m. July 11, 2025, in the conference room of Kansas Development Finance Authority (the “Authority”), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposed issuance by the Authority in one or more series of revenue bonds (the “Bonds”) in a principal amount not to exceed $23,000,000. The Bonds will be issued pursuant to K.S.A. 74-8901 et seq. (the “Act”) to finance a portion of the costs of the acquisition and renovation of an approximately 147-unit qualified residential rental project under Section 142 of the Internal Revenue Code, located at 1430 N. 4th Street in the City of Kansas City, Kansas in an area east of N. 5th Street, north of Washington Boulevard, west of N. 4th Street, and south Freeman Avenue (but excluding Grant Elementary School and related property), known as Gateway Plaza (the “Project”), the principal user of which will be Gateway Plaza 2023 L.L.C., a Michigan limited liability company (the “Borrower”).

The Bonds will be limited obligations of the Authority, payable solely from revenues pledged by the Borrower, and will not constitute a general obligation or indebtedness of the State of Kansas or any political subdivision thereof, nor will the Bonds constitute an indebtedness for which the faith and credit and taxing powers of the State of Kansas are pledged, but the Bonds will be payable solely from revenues pledged by the Borrower in amounts sufficient to pay the principal of, interest and redemption premium, if any, on the Bonds.

Interested individuals may participate in the public hearing in person or via conference call. Please call toll free 844-621-3956 and use access code 145 880 8929 followed by # to join the conference.

At the time and place fixed for the hearing, all individuals who appear will be given an opportunity to express their views for or against the proposal to issue the Bonds for the Project, and all written comments previously filed with the Authority at its above-referenced offices will be considered. Additional information regarding the project may be obtained by contacting the Authority at the address of its offices shown above.

Rebecca Floyd
President
Kansas Development Finance Authority

Doc. No. 053259

Secretary of State Seal