The Lawrence school district has finalized the sale of one former school building and approved plans to put another school property up for sale. As part of it
County approves bond charter resolution – Hillsboro Free Press hillsborofreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hillsborofreepress.com Daily Mail and Mail on Sunday newspapers.
Hays Daily News
With interest rates as low as they are, the city of Hays will likely go to market March 25 to sell $6.795 million in general obligation bonds to pay toward the $13.2 million reconstruction of N. Vine Street.
If approved, the 25-year term bonds will carry an estimated debt service of about $338,553 annually, according to Kim Rupp, city finance director.
With interest rates at record lows, the city’s bond adviser is estimating an interest rate of 1.77% for the city, said David Arteberry with Stifel, Nicolaus & Co. of Wichita, “which is historically just an incredibly low interest rate. We can’t guarantee that it’s going to be at that level, but that’s currently where interest rates are.”