By ELISE GIORDANO
Borough assembly members gave the go-ahead to refinance a general obligations bond purchased in 2008.
“This is potentially a good time to consider that because we are at bottom line interest rates over here,” Mayor Mark Schaefer said.
Refinancing the bond will save the municipality around $170,000.
Assembly members also authorized the issuance of a bond to fund the Public Safety Facility with the amount not to exceed $12 million.