Photo by Ted Lutz – Dave Peterson, chairman of the Kane Borough Sewer Authority, signs a bond resolution after it was approved Wednesday at a special meeting. The resolution authorizes the authority to re-finance a 1994 loan to save at least $1.2 million in interest fees through 2034. The authority approved the re-financing plan in October, but final action was delayed by a "citizen appeal."
The Kane Borough Sewer Authority finally has been able to follow through with its plan to save interest fees by re-financing a 1994 loan.
Copyright 2010 Kane Republican