BIFD refinances bonds
January 4, 2010 · 11:47 AM
The Bainbridge Island Fire Department completed the refinancing of its outstanding 1997 LTGO Bonds, which will save $194,000 in 2010.
The new interest rate, 1.97 percent, will save $202,000 over the life of the bond.
The bonds were issued in a negotiated sale by Martin Nelson and Company of Seattle.