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Council OKs letter of intent for Enclave West revenue bonds to finance 60‑unit multifamily project
Summary
Council held and closed a public hearing and adopted a resolution allowing Enclave West LLC to proceed with a letter of intent to issue roughly $8 million in revenue bonds for 60 multifamily units; staff said the project qualifies for a 10‑year tax abatement and sales‑tax exemption estimates.
Wichita — The City Council on Sept. 16 closed a public hearing and adopted a resolution authorizing a letter of intent for Enclave West LLC to pursue revenue bonds to finance a 60‑unit multifamily development at the northwest corner of 13th and West.
Troy Anderson, assistant city manager, told the council the project consists of 15 two‑story buildings for a total of 60 units and that the developer expects to…
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