Mon, 08/31/2020 – eight:00am
HARLAN – The Metropolis of Harlan will save roughly $200,000 in curiosity prices by refinancing three of its present bond points, and coupling them with a proposal to bond for fireplace division wants together with a brand new fireplace truck and fireplace respiration equipment.
Bids had been let final week and got here in decrease than anticipated, with Banker’s Financial institution of Madison, WI offering the low bid true rate of interest of zero.8104 % on the mixed $three.85 million bond problem. The $three.85 million contains the refinancing of three present metropolis bond points, as nicely $1.1 million for the brand new fireplace purchases and avenue work.
Whole curiosity value on the 15-year bond is estimated at $165,385.76.
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