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CITY of KANSAS CITY, MISSOURI City Hall 414 East 12Th Street Kansas City, Missouri 64106

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CITY of KANSAS CITY, MISSOURI City Hall 414 East 12Th Street Kansas City, Missouri 64106 PRELIMINARY OFFICIAL STATEMENT DATED MARCH 2, 2017 NEW ISSUE Ratings: Moody’s Investors Service Inc.: A1 BOOK-ENTRY-ONLY Standard & Poor’s Ratings Services: AA- See “BOND RATINGS” herein In the opinion of Kutak Rock LLP, Kansas City, Missouri and the Hardwick Law Firm, LLC, Kansas City, Missouri, Co-Bond Counsel, under existing laws, regulations, rulings and judicial decisions and assuming continuing compliance with certain covenants, interest on the Series 2017B Bonds, Series 2017C Bonds and Series 2017D Bonds (including any original issue discount) is excludable from gross income for federal and Missouri income tax purposes and is not a specific preference item for purposes of the federal alternative minimum tax. Also, in the opinion of Co-Bond Counsel, the interest on the Series 2017A Bonds is included in gross income for federal and Missouri income tax purposes. See “TAX MATTERS” herein and the form of Opinion of Co-Bond Counsel attached hereto as Appendix D. $157,950,000* CITY OF KANSAS CITY, MISSOURI SPECIAL OBLIGATION BONDS consisting of: $31,925,000* $19,420,000* Taxable Special Obligation Bonds Special Obligation Bonds (Kansas City, Missouri Projects) (Kansas City, Missouri Projects) Series 2017A Series 2017B $90,030,000* $16,575,000* Special Obligation Refunding Bonds Special Obligation Refunding Bonds (Kansas City Downtown Redevelopment District) (Midtown Redevelopment Project) Series 2017C Series 2017D Dated: Date of Delivery Maturities, Principal Amounts, Interest Rates, Prices, Yields and CUSIP Numbers are shown on the Inside Cover Pages The Taxable Special Obligation Bonds (Kansas City, Missouri Projects), Series 2017A (the “Series 2017A Bonds”), the Special Obligation Bonds (Kansas City, Missouri Projects), Series 2017B (the “Series 2017B Bonds”), the Special Obligation Refunding Bonds (Kansas City Downtown Redevelopment District), Series 2017C (the “Series 2017C Bonds”) and the Special Obligation Refunding Bonds (Midtown Redevelopment Project), Series 2017D (the “Series 2017D Bonds” and together with the Series 2017A Bonds, the Series 2017B Bonds and the Series 2017C Bonds, the “Series 2017 Bonds”) are being issued by the City of Kansas City, Missouri (the “City” or the “Issuer”) for the purposes of (i) providing funds to finance, refinance and refund certain project costs; and (ii) paying certain costs related to the issuance of the Bonds. The Series 2017A Bonds and the Series 2017B Bonds will be issued under a Trust Indenture dated as of March 1, 2017, between the City and UMB Bank, N.A., as Trustee (the “Trustee”). The Series 2017C Bonds will be issued under a Trust Indenture dated as of March 1, 2017, between the City and the Trustee. The Series 2017D Bonds will be issued under a Trust Indenture dated as of March 1, 2017, between the City and the Trustee. THE BONDS OF EACH SERIES AND THE INTEREST THEREON SHALL BE SPECIAL, LIMITED OBLIGATIONS OF THE CITY PAYABLE OUT OF CERTAIN FUNDS APPROPRIATED BY THE CITY, CERTAIN DESA REVENUES AS DEFINED HEREIN (ONLY WITH RESPECT TO THE SERIES 2017C BONDS) AND CERTAIN INCREMENTAL TAX REVENUES AS DEFINED HEREIN (ONLY WITH RESPECT TO THE SERIES 2017D BONDS) AND MONEYS IN THE FUNDS AND ACCOUNTS HELD BY THE TRUSTEE UNDER THE INDENTURE FOR SUCH SERIES AND ARE SECURED BY A TRANSFER, PLEDGE AND ASSIGNMENT OF AND A GRANT OF A SECURITY INTEREST IN THE TRUST ESTATE TO THE TRUSTEE AND IN FAVOR OF THE OWNERS OF THE BONDS, AS PROVIDED IN THE INDENTURE FOR SUCH SERIES OF BONDS. THE BONDS AND INTEREST THEREON SHALL NOT BE DEEMED TO CONSTITUTE A DEBT OR LIABILITY OF THE CITY WITHIN THE MEANING OF ANY CONSTITUTIONAL, STATUTORY OR CHARTER LIMITATION OR PROVISION, AND SHALL NOT CONSTITUTE A PLEDGE OF THE FULL FAITH AND CREDIT OF THE CITY, BUT SHALL BE PAYABLE SOLELY FROM THE FUNDS PROVIDED FOR IN THE INDENTURE FOR SUCH BONDS. THE ISSUANCE OF THE BONDS SHALL NOT, DIRECTLY, INDIRECTLY OR CONTINGENTLY, OBLIGATE THE CITY TO LEVY ANY FORM OF TAXATION THEREFOR OR TO MAKE ANY APPROPRIATION FOR THEIR PAYMENT. NO BREACH BY THE CITY OF ANY SUCH PLEDGE, MORTGAGE, OBLIGATION OR AGREEMENT MAY IMPOSE ANY LIABILITY, PECUNIARY OR OTHERWISE, UPON THE STATE OF MISSOURI OR ANY CHARGE UPON ITS GENERAL CREDIT OR ITS TAXING POWER. The Series 2017 Bonds will be issued as fully registered bonds without coupons, and, when issued, will be registered in the name of Cede & Co., as Bondowner and nominee for the Depository Trust Company (“DTC”), New York, New York. DTC will act as securities depository for the Series 2017 Bonds. Purchases of the Series 2017 Bonds will be made in book-entry only form, in denominations of $5,000 or integral multiples thereof. Purchasers will not receive certificates representing their interests in Series 2017 Bonds purchased. So long as Cede & Co., as nominee of DTC, is the Bondowner, references herein to the Bondowners or Registered Owners shall mean Cede & Co., as aforesaid, and shall not mean the Beneficial Owners (as defined in this Official Statement) of the Series 2017 Bonds. See “Book-Entry System” in Appendix F. Principal of the Series 2017 Bonds will be paid on the dates and in the years in which the Series 2017 Bonds mature as set forth on the inside cover pages hereof. Interest on the Series 2017A Bonds, Series 2017B Bonds and Series 2017D Bonds will accrue from the date of issuance and be payable semi-annually on each April 1 and October 1, commencing October 1, 2017. Interest on the Series 2017C Bonds will accrue from the date of issuance and be payable semi- annually on each March 1 and September 1, commencing September 1, 2017. The Series 2017 Bonds are subject to redemption prior to maturity as more fully described under the caption “THE SERIES 2017 BONDS – Redemption” in this Official Statement. The Series 2017 Bonds are offered when, as and if issued by the City, subject to the approval of legality by Kutak Rock LLP, Kansas City, Missouri, and Hardwick Law Firm, LLC, Kansas City, Missouri, Co-Bond Counsel. Certain legal matters will be passed upon for the City by the Office of the City Attorney, and for the Underwriters listed on this cover page (the “Underwriters”) by Bryan Cave LLP, Kansas City, Missouri. Certain disclosure matters will be passed upon for the City by its co-disclosure counsel, Kutak Rock LLP, Kansas City, Missouri and Hardwick Law Firm, LLC, Kansas City, Missouri. It is expected that the Series 2017 Bonds will be available for delivery at DTC on or about March __, 2017. J.P. MORGAN George K. Baum and Company Fifth Third Securities Inc. Valdés & Moreno, Inc. Loop Capital Markets This Official Statement is dated _____________, 2017 This Preliminary Official Statement and the information contained herein are subject to completion or amendment. 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