Bond savings to county greater than expected
WILLMAR –– The refinancing of $7.3 million in general obligation bonds that was approved Tuesday by the Kandiyohi County Commissioners will save the county nearly $670,000 over the remaining life of the bond.
The savings are about $132,000 more than expected.
“It’s a good day. It’s a very good day,” said Shelly Eldridge, a financial advisor from Ehlers, the county’s financial consultant.
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