For Immediate Release
KMKC Retained by St. Louis Regional Chamber and Growth Association
Cincinnati, January 7, 2004-
KMK Consulting Company is proud to announce that it has been retained by the St. Louis Regional Chamber and Growth Association (RCGA) to direct a leadership assessment process as well as to provide strategic advice regarding programs, governance and structure of the organization’s next five-year economic development plan. KMKC will also lead the RCGA’s five-year capital campaign.
KMKC will work closely with RCGA leadership as well as other community and business leaders in the St. Louis region, with special attention given to input relating to the future of Lambert-St. Louis International Airport.
Jim McGraw, President & CEO of KMK Consulting, said, “We are extremely excited about the opportunity to help strengthen St. Louis’ economic development programs. The success of RCGA is critically important as it is the St. Louis region’s economic development organization, representing a 12-county, bi-state region and over 60,000 businesses. We look forward to working with RCGA, its Board, and the region’s private and public sector leadership as they continue to drive economic development in a challenging environment, particularly as it relates to the airport losing its hub status in the midst of its runway expansion.”
KMK Consulting’s work in the St. Louis community comes on the heels of our parent company’s successful work with Provident Bank and the St. Louis Cardinals. The Commercial Finance Group of Keating, Muething & Klekamp law firm represented the bank and a group of other senior lenders including US Bank in crafting a $91 million financing package for the St. Louis Cardinals to assist in the financing of their new ballpark which is scheduled to open in the spring of 2006.
The transaction was coordinated with a public bond issue by the Missouri Development Finance Board in the amount of $45 million, a 144A senior note placement of $200.5 million, the sale of tax credits associated with a contribution of land to a public entity combined with state and local infrastructure commitments. |
