The Senate Committee on Ways and Means convened on March 7, 2025, to discuss key financial matters, including a significant bonding authority for Wichita State University. The meeting began with a motion that was quickly seconded and approved without opposition.
Senator Erickson introduced a proposal for bonding authority to support the completion of the second phase of the University Stadium project at Wichita State University. This phase follows the demolition of the old Cessna Stadium and aims to enhance the university's athletic facilities. The proposed bonding amount is capped at $60 million, which will allow the university to proceed with its development plans.
During the discussion, Senator Petty raised questions regarding the original request from Wichita State and the funding source for the bonds. Senator Erickson clarified that the motion pertains solely to the authorization for the issuance of bonds, indicating that the university will handle the sale of these bonds independently.
The committee's approval of this bonding authority marks a significant step in advancing Wichita State University's infrastructure projects, reflecting ongoing support for educational institutions in Kansas. Further discussions and decisions regarding the specifics of the funding and project timelines are expected in future meetings.