CHICAGO — Kansas City, Mo., will enter the market later this month with a $55 million new-money and refunding general obligation issue that comes as the city is bracing for a public vote next month on whether the city can continue to collect an earnings tax that serves as its main revenue source.
The sale is set for March 15, according to city treasurer Tammy Queen. Bank of America Merrill Lynch is the senior manager. Oppenheimer & Co., Stifel Nicolaus & Co., and Valdes & Moreno are co-managers. First Southwest Co. and Moody Reid Inc. are advising the city.