Thursday, March 15, 2012

Cascade Saving Money

The Cascade Township Board took action last night to authorize staff to call-in two bonds - one from the 2002 Tassell Park Construction Project and one from the 2003 Pathways Construction Project.  Paying off the $785,000 balances four years early will save $82,000 in interest payments.  Both funds (General and Pathways) have fund balances to cover the payments making this a nice savings for the residents of the Township.  A good night!!!

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