The Region's Most Prestigious Bond Firm Gives its Stamp of Approval to KCI HOMETOWN Team's Financial Proposal
The Region's Most Prestigious Bond Firm Gives its Stamp of Approval to KCI HOMETOWN Team's Financial Proposal
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The Region's Most Prestigious Bond Firm Gives its Stamp of Approval to KCI HOMETOWN Team's Financial Proposal
09/05/2017 1 minute read

KANSAS CITY, Missouri (September 5, 2017) – With all of the undisclosed relationships and potential conflicts of interest related to City’s outside legal and financial consultants, the Burns & McDonnell KCI HOMETOWN Team wants to ensure that the City of Kansas City is aware its financial proposal for a new KCI has been blessed by the region’s most respected bond counsel, Gilmore & Bell.

“It is our opinion that the Proposal complies with the City’s current Airport Master Bond Ordinance (MBO),” says Gary Anderson, shareholder of Gilmore & Bell. “In addition, the Proposal included an alternative structure consisting of a lease-leaseback structure, which also complies with the MBO.”

“With this confirmation that our financial proposal is compliant with the City’s MBO, preferred status from the Airline Selection Committee, and the overwhelming support of the community, a vote against the KCI HOMETOWN Team is a vote against individuals and businesses that call Kansas City home,” says Ron Coker, senior vice president, Burns & McDonnell. “Now is the time for Kansas City to have a new airport terminal. We are the team to get that done.”

CLICK HERE to see the opinion and memo from Gilmore & Bell.

About Burns & McDonnell

Burns & McDonnell is a Kansas City-based firm that’s been committed to the people and growth of our hometown since we were founded in 1898. The 3,000 employee-owners based in Kansas City actively volunteer within the community and have donated millions of dollars to causes that support our great city from United Way to Science City. We are made up of more than 5,700 engineers, architects, construction professionals, scientists, consultants and entrepreneurs with offices across the country and throughout the world. We strive to create amazing success for our clients and amazing careers for our employee-owners. Burns & McDonnell is 100 percent employee-owned and is proud to be No. 16 on Fortune’s 2017 list of 100 Best Companies to Work For.

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