Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Hutch city council votes to push STAR bonds to the next step
    Bond

    Hutch city council votes to push STAR bonds to the next step

    userBy userSeptember 18, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    HUTCHINSON, Kan. (KSNW) – Some of Hutchinson’s most recognizable landmarks are one step closer to getting a facelift.

    Sales Tax and Revenue (STAR) bonds were the center of discussion at a public hearing held in Hutchinson. The city council heard from the public and then voted to push STAR bond(s) to the next step.

    The Cosmosphere, Memorial Hall, and the old Landmark building are all set to be improved, remodeled or renovated.

    The owner of the old Landmark building spoke about what this would bring to the community.

    “When I walked in, I got a vision of what it used to look like, what it could be. It was built in 1922,” said Laura Meyer-Dick, the owner of the old Landmark building.

    Her company owns the old landmark building, and she is dedicated to restoring a building in disrepair.

    “There’s a lot of pigeons that came with the building. It’s very blighted right now, but you can still see the remnants of the old hotel that it was,” said Meyer-Dick.

    She hopes to welcome more people by converting the ground floor into a retail hub, then restore the apartments above.

    Mayor of Hutchinson Greg Fast cites a previous STAR bond as evidence that this new trifecta of investments will pay off.

    Hutchinson firefighters going to Colorado to fight wildfire

    “We’ve already has a successful STAR bond with Strataca back in 2006. It was paid off early, it was a very successful program,” said Mayor Fast.

    Some at the meeting shared concerns about revenue from the projects not staying in Hutchinson, but the city council said the additional revenue goes to pay off the STAR bonds.

    Laura is looking forward to seeing her vision in full focus.

    “he lived here all 98 years of his life … it’s kind of a memorial to him. The more I get into it, the more excited I get about it. I think it’s going to be great for downtown,” said Meyer-Dick.

    Now, she’ll be working on a downtown master plan.

    Next for Hutchinson STAR bonds is a cost analysis study followed by detailed plans for the project areas, which will need to be approved by the city council.

    Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to KSN-TV.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleWhat a Fed rate cut could mean for the world
    Next Article Inflation remains above 2pc target ahead of interest rate decision
    user
    • Website

    Related Posts

    Don’t Let a Recession Destroy Your Savings. Here’s How to Protect Your Money

    May 10, 2025

    President Donald Trump Just Called for a Drastic Social Security Change — but It Comes With Unintended Consequences

    May 10, 2025

    A Look At The Fair Value Of BAUER Aktiengesellschaft (HMSE:B5A0)

    May 10, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d