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City of Bremen Refinances Loan

news@newstalk1330.com
Bremen Ga -- Looks as though their good bond rating allowed the City of Bremen to refinance the initial loan taken out to help fund the city's public safety building. City Manager Perry Hicks said the city council approved refinancing at a 2.19% rate from a 4.37%  rate, saving the city approximately $85,000.

The City Council also agreed to apply for a land and water conservation grant from the state to replace fencing at the city's recreation facility. The grant would match up to $100,000 of the project's proposed $140,000  price tag. Hicks said he would like to see the fencing project complete by spring of 2018.
 
Filed Under :
Location : BremenBremen Refinances
People : Perry Hicks