Volume 44 - Issue 42 - October 16, 2025
(Published in the Kansas Register October 16, 2025.)
City of Shawnee, Kansas
Summary Notice of Bond Sale
$10,500,000*
General Obligation Improvement Bonds
Series 2025A
(General Obligation Bonds Payable from Unlimited Ad Valorem Taxes)
Bids
Subject to the Notice of Bond Sale dated on or about October 27, 2025 (the “Notice”), emailed and electronic bids will be received on behalf of the Finance Director of the City of Shawnee, Kansas (the “Issuer”) in the case of emailed bids, via email to jprichard@columbiacapital.com, and in the case of electronic bids, via http://www.columbiacapitalauction.com (the “Columbia Capital Auction”) on November 5, 2025 (the “Sale Date”) until 10:00 a.m. (Central Time), for the purchase of the above-referenced bonds (the “Bonds”). No bid of less than 100% of the principal amount of the Bonds and accrued interest thereon to the date of delivery will be considered.
Bond Details
The city adopted Resolution No. 2073 on September 22, 2025, authorizing the principal amount of the Bonds not to exceed $10,500,000 based on the maximum discount allowed under the Notice. The Bonds will consist of fully registered bonds in the denomination of $5,000 or any integral multiple thereof. The Bonds will be dated November 20, 2025 (the “Dated Date”), and will become due on December 1 in the years as follows:
| Stated Maturity December 1 | Principal Amount* |
|---|---|
| 2026 | $965,000 |
| 2027 | 990,000 |
| 2028 | 1,010,000 |
| 2029 | 1,025,000 |
| 2030 | 1,040,000 |
| 2031 | 1,060,000 |
| 2032 | 1,075,000 |
| 2033 | 1,095,000 |
| 2034 | 1,110,000 |
| 2035 | 1,130,000 |
| * Subject to change, see the Notice. | |
The Bonds will bear interest from the date thereof at rates to be determined when the Bonds are sold as hereinafter provided, which interest will be payable semiannually on June 1 and December 1 in each year, beginning on June 1, 2026.
Book-Entry-Only System
The Bonds shall be registered under a book-entry-only system administered through DTC.
Paying Agent and Bond Registrar
Treasurer of the State of Kansas.
Good Faith Deposit
The successful bidder must submit a good faith deposit in the amount of 2% of the principal amount of the Bonds, in the form of a wire transfer in Federal Reserve funds immediately available for use by the Issuer, by 1:00 p.m. (Central Time) on the Sale Date, as further set forth in the Notice.
Delivery
The Issuer will pay for preparation of the Bonds and will deliver the same properly prepared, executed, and registered without cost to the successful bidder on or about November 20, 2025, to DTC for the account of the successful bidder.
Assessed Valuation and Indebtedness
The Equalized Assessed Tangible Valuation for Computation of Bonded Debt Limitations for the year 2024 was $1,522,320,778. The total general obligation indebtedness of the Issuer as of the Dated Date, including the Bonds being sold, is $111,400,000.
Approval of Bonds
The Bonds will be sold subject to the legal opinion of Gilmore & Bell, P.C., Kansas City, Missouri, Bond Counsel to the Issuer, whose approving legal opinion as to the validity of the Bonds will be furnished and paid for by the Issuer, printed on the Bonds, and delivered to the successful bidder as and when the Bonds are delivered.
Additional Information
Additional information regarding the Bonds may be obtained from the undersigned, or from the Financial Advisor, at the addresses set forth below.
Good Faith Deposit Delivery Address/Financial Advisor
Columbia Capital Management
Attn: Jim Prichard
6700 Antioch, Suite 250
Merriam, KS 66204
913-312-8077
jprichard@columbiacapital.com
Dated October 14, 2025.
City of Shawnee, Kansas
Sean Rocco, Finance Director
Shawnee City Hall
11110 Johnson Dr.
Shawnee, KS 66203
913-742-6263
srocco@cityofshawnee.org
Doc. No. 053570
