June 4, 2019·Ranson Financial·1 min read

HUTCHINSON, Kan. — The Reno County Commission Tuesday approved the bonds for the renovation of the Reno/Harvey County Joint Fire District 2 building in Buhler.

The renovation was completed last summer for an estimated cost of $318,685. The fire district used $100,000 from its equipment fund as upfront money, meaning the county now has to issue bonds for the rest. The bonds will be financed with bonds over a 15-year period.

The funding will go through Commerce Bank with an interest rate of 3.32%. County Administrator Gary Meagher says it would come to about a one mill increase for those who live in that district.

Source: Hutch PostRead the full story ↗

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