KCATA - Kansas City Area Transportation Authority

07/19/2024 | Press release | Distributed by Public on 07/19/2024 13:54

Notice of Bond Sale

Posted on: Jul 19, 2024

NOTICE OF BOND SALE

$79,000,000
KANSAS CITY AREA TRANSPORTATION AUTHORITY
TAXABLE REVENUE BOND
(ASCENT APARTMENTS FACILITY)
SERIES 2024

Sealed proposals for the purchase of $79,000,000 maximum aggregate principal amount of Taxable Revenue Bond (Ascent Apartments Facility), Series 2024, of the Kansas City Area Transportation Authority (the "KCATA"), will be received by the President and CEO of the KCATA at 1200 East 18th Street, Kansas City, Missouri 64108 until 5:00 P.M., Central Time on Tuesday, July 23, 2024.

The KCATA has prepared a Notice of Bond Sale Form and an Official Bid Form, copies of which may be obtained from the President and CEO. The purchaser(s) of the Taxable Revenue Bond (Ascent Apartments Facility), Series 2024, shall be limited to "Accredited Investors" as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933 and "Qualified Institutional Buyers" as defined in Rule 144A or the Company (as defined in the Notice of Bond Sale). Additional information regarding the Taxable Revenue Bond (Ascent Apartments Facility), Series 2024, and the sale may be obtained from the President and CEO at (816) 346-0200.

KANSAS CITY AREA TRANSPORTATION AUTHORITY

By: Frank White III, President and CEO