|City prepares refinancing package|
By Ken Anderson
Preparation of a refinancing package for city debt and specific projects was approved by the Eagle River City Council last week, with final action scheduled for the July 9 council meeting.
Brad Viegut of R.W. Baird presented a number of financing options during a joint meeting of the council and Light & Water Commission. The city has a Note Anticipation Note (NAN) due Sept. 1 that will include repayment of $2.46 million and will include $401,000 in new borrowing.“We looked at about five different scenarios
|Tuesday, April 30, 2013 5:57 PM|