In March 2012, the City of Wichita, Kansas established the K-96 Greenwich STAR Bond District, which allows incremental sales taxes generated within the District to be used to finance projects that are approved by the State. The City issued bonds in 2013 to fund various projects in the District. In 2016, the City expanded the […]
In December 2014, the City of Garden City, Kansas established the Garden City STAR Bond District, which allows incremental sales taxes generated within the District to be used to finance projects that are approved by the State. The City wanted to bring additional recreation activities to their City through the use of STAR Bonds. The […]
In September 2015, the City of Derby, Kansas established the Derby STAR Bond Project District, which allows incremental sales taxes generated within the District to be used to finance projects that are approved by the State. The City wanted to bring something new and exciting to their City through the use of STAR Bonds. The […]
Economic Development, State & Local Government
An Excise Tax District was created by the Ohio County Commission in 2003 to develop business in the County. The District began to materialize in 2004 with the development of a commercial and retail-shopping area known as “The Highlands”. Approximately 325 acres of the development is nearly complete; and the footprint has recently expanded to […]
Economic Development, State & Local Government
In order to be competitive in the global market for jobs and investment, Arkansans passed Amendment 82 to the Arkansas Constitution in 2004 authorizing the use of general obligation bonds for major economic development projects approved by the Arkansas General Assembly (the “Assembly”). In 2013, as part of an incentive package to entice Big River […]
In midst of the of the Great Recession, the State of Arkansas, the City of Conway and its Conway Development Corporation strived to attract new companies and high paying jobs. Under immense national competition, they collaborated to provide incentives to attract a new Hewlett-Packard Company (“HP”) facility employing up to 1,200 workers. HP’s desire was […]
Lowell, Arkansas is located in the Northwest part of the state among industry giants such as Wal-Mart, JB Hunt and Tyson Foods as well as the University of Arkansas, the state’s flagship university. One of the few cities in Arkansas to use the Tax Increment Financing (“TIF”) legislation to provide capital improvements, the City engaged […]
Rogers, Arkansas is located in the Northwest part of the state among industry giants such as Wal-Mart, JB Hunt and Tyson Foods as well as the University of Arkansas, the state’s flagship university. With the explosive growth occurring in the City, it needed to build an overpass that would allow the development of a retail […]
In December 2004, the City of Pearl, Mississippi issued three series of bonds and loaned the proceeds to Bloomfield Equities, LLC for the purpose of financing the construction of a minor league baseball stadium, construction of a Bass Pro facility, and other out parcel development. The bonds were secured by multiple sources of revenue which […]
In September 2015, the City of Derby, Kansas established the Derby STAR Bond Project District, which allows incremental sales taxes generated within the District to be used to finance projects that are approved by the State. The City wanted to bring something new and exciting to their City through the use of STAR Bonds. The […]
