Falls City to refinance bonds
08/06/2019

(KLZA)-- The Falls City Council Monday night approved moving forward with recalling 2019 bonds for the water plant improvements.

Brad Slaughter with Ameritas Investment Corporation met with the Council and projected a savings of more than $190-thousand in savings if the current bonds are recalled and then resold.

The bonds will be paid off in 2036.

The Council also approved the expenditure of nearly $153-thousand to purchase a Lime Slaker for the Rulo Water Treatment Plant.

The slaker turns hard lime pebbles into a slurry which is introduced into the water system.

 


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