Friday, May 17, 2013

Daily Reporter Reports Refinancing Bonds for Hancock County Public Library Save More than Anticipated

From the Greenfield Daily Reporter:

Refinancing the Hancock County Public Library’s building bond will save about $450,000 in interest, officials say, which is more than what was originally anticipated.

The library board and Hancock County Council have been talking about refinancing the $4.45 million bond since February. Financial adviser Greg Guerrettaz had said since interest rates are at a historic low, the library could see a savings of roughly $300,000.

http://www.greenfieldreporter.com/view/local_story/Refinancing-library-bond-saved_1368753397