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Clarksburg Water Board Customers Could Save Money After Bond Changes
Written by Nicole Porter
Last updated on January 23, 2013 @ 7:28PM
Created on January 23, 2013 @ 5:18PM
The Clarksburg Water Board made a decision on that could help save rate payers more than $800,000 over the next few years.
The board unanimously decided to refinance the 2002 bonds. When they agreed to these changes, it's believed that the interest rates will now be 2.1% as opposed to the current 5.2%.
The board unanimously decided to refinance the 2002 bonds. When they agreed to these changes, it's believed that the interest rates will now be 2.1% as opposed to the current 5.2%.
The bond will still conclude in 2019 like it was originally expected to. It won't add any additional debt.
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