Bond refunding will save township $55,000

Township Manager Robert Homan talks to the Plainfield Board of Trustees regarding refunding (refinancing) water bonds. The board held a special meeting to discuss the plan along with other agenda items.

by BETH ALTENA Low interest rates are a pain to investors but a chance to save badly needed money for those borrowing. Plainfield Township voted Monday, August 29 at a special meeting, to refund (refinance) 2001 water bonds at a lower interest rate, which will save the township $55,000 over the remaining three years of […]