CHICAGO - After clearing its plate of more complicated variable-rate restructurings related to its downtown redevelopment projects over the last year, Kansas City, Mo., plans to enter the market next week with $53 million of special obligation bonds to fund construction of a garage for a new nonprofit performing arts center.
The deal is expected to sell next week with Oppenheimer & Co. as senior manager and RBC Capital Markets and Valdes & Moreno Inc. as co-managers. First Southwest & Co. and Moody Reid Inc. are co-financial advisers. Bryan Cave LLP is bond counsel and Gilmore & Bell PC is tax counsel. The city sought insurance bids, but did not receive any interest.