Centerville secures bonds for arts center
Mon, 05/11/2009 - 11:56
CENTERVILLE — City officials are ecstatic: Not only did they manage to secure their largest chunk of financing for the Davis Cultural Arts Center, they also got a great interest rate.
You think your new 4.625 percent mortgage is good? Try a 2.97 percent rate on AA-rated sales-tax revenue bonds. Too bad your house isn't a public entity. Original Article
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