Kandiyohi County gets good credit rating, bond rates
WILLMAR -- Kandiyohi County's good credit rating is being rewarded with a favorable interest rate on a $3.7 million bond that'll be used to build roads.
The county received eight bids Tuesday for the general obligation road construction bond. The lowest bidder was from an investment group from Chicago with a rate of 4.1371 for the 20-year bond.
"We think it's a good bid," said Shelly Eldridge, from Ehlers & Associates Inc.
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