Village Board approves debt refinancing saving over $1 million
December 29, 2021
The Cashton Village Board voted unanimously to approve a pair of bond refinancing measures that will save both the municipal water and sewer utilities over $1 million in principal and interest payments.
During a special meeting, held on Thursday, Dec. 16, the board listened to a pair of proposals from Sean Lentz of Ehlers Public Finance, that would not only redefine the total cost of the bonds, but also shorten the duration of the debt.
By refinancing the debt owed by the Village water util...