City Council OKs $30.8 million in bonds for Presbyterian Manors

City Council members voted Tuesday to approve $30.8 million in bonds for Presbyterian Manors Inc.

Part of the money is being used for increased costs for its project on 13th Street and for renovating a new corporate headquarters at 2414 N. Woodlawn, according to city documents.

Last year, the City Council approved a bond request not to exceed $110 million to Presbyterian Manors to refinance existing debt and to improve facilities across the state.

In June, the council approved an increase of that bond request by $15 million for increased construction costs at the West 13th Street project and the acquisition of a new corporate headquarters.

Presbyterian Manors expects to create at least 26 jobs with an average salary of $29,525 as part of its expansion, according to city documents.

Presbyterian Manors has 16 retirement facilities in Kansas and Missouri, according to city documents.

This story was originally published August 6, 2014 at 7:38 AM with the headline "City Council OKs $30.8 million in bonds for Presbyterian Manors."