The Huron City Commission approved a resolution to Re-Funding sales tax bonds the city has. Finance Commissioner Dale Schiender chaired Monday night’s Huron City Commission meeting in place of Mayor Dave McGirr, who was out of town…
The re-funding of the sales tax bonds is similar to refinancing the bonds. Tom Giszman presented the City Commission with the details of the re-funding of the bonds…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/02/re-funding2.mp3|titles=re-funding2]Gizman says the saving come by way of interests rates that are lower than when the original bonds, which are former Huron Event Center bonds, were established…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/02/re-funding3.mp3|titles=re-funding3]Total saving to Huron for re-funding the bonds are around 180-thousand dollars.