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Larksfield Place Secures up to $30M in Industrial Rev Bonds

Sunday, August 4 2013 10:31 AM
Categorized In Community
The Wichita City Council approved a letter of intent Tuesday to issue up to $30 million in industrial revenue bonds to Larksfield Place, a continuing care retirement community. The bulk of the funds will be used to refinance previous bonds at a lower interest rate. However, $3 million of the financing will be used for an expansion and renovation project at the nonprofit's Health Care Center, 2828 N. Governeour, according to city documents. The Wichita Business Journal wrote…
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