City of Wichita - Industrial Revenue Bonds IRB Procedure
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City Hall, 13th floor
455 North Main
Wichita, KS 67202

Hours:
8 AM-5 PM
Monday-Friday

Phone: (316) 268-4524
Fax: (316) 268-4656

Allen Bell
Director

Mandy Pankratz
Management Analyst


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IRB Procedure

An index of procedure for initiation and the basic IRB process.

Here are some helpful steps in preparing the Industrial Revenue Bond financing process:

Contact the City of Wichita's "Bond Counsel" for information related project initiation. The firm of Kutak Rock, LLP, serves as Bond Counsel for the City of Wichita; (816) 502-4665. Contact Ms. Dotty Riley.

When requesting Ad Valorem tax exemption in conjunction with IRB financing, a cost/benefit analysis is required. Contact the Wichita State University Center For Economic Development And Business Research. Ask the CEDBR staff to provide a copy of the "Firm Data Sheet" for your completion and submittal to CEDBR. CEDBR will run a cost/benefit analysis and provide the results to City's Economic Development staff for review.

Contact the Center For Economic Development and Business Research:

Kasey N. Jolly
telephone: (316) 978-3225
fax: (316) 978-3950

Application of tax exemption application: Most firms use a tax specialist or attorney to prepare the Board of Tax Appeals (BOTA) application. The application is completed and submitted upon completion of the bond financed project, in triplicate, to:

Allen Bell
City of Wichita's Office of Economic Development
e-mail: ABell@wichita.gov
telephone: (316) 268-4524
fax: (316) 268-4656

For calculation of your percentage of tax exemption eligibility, see Tax Exemption Calculation Tables.

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Related to
Industrial Revenue Bonds
IRB Overview: "Industrial Revenue Bond Issuance in the State of Kansas"
IRB Procedure
Main
Standard Letter of Intent Conditions
Tax Exemption Calculation Tables


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