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Lansdale Officials Taking On More Debt

dollarBorough council Wednesday night approved a bond issue totaling just under 18-million dollars.    The borrowed money will be used to retire old debt and finance road projects as well as other infrastructure upgrades.   Borough Council Member Dan Dunigan says the recent selloff in the stock market has put downward pressure on interest rates and is making almost $140,000 more available for projects than originally anticipated.   Borough Council Members Jack Hansen and Rich DiGregorio gave the bond issue a thums down.  Hansen says he voted no because the bond resolution did not include a schedule of projects.   The bond issue will generate short term savings on interest this year and next while debt service payments ramp up to the annual one-and-a-half million dollar level where they will remain until the year 2026.
Travis Wetzel Would love to perform on Echos of an Era again ! The Travis Wetzel Duo is doing a music program at The Lansdale Train Station Sept. 17th 12noon-1:15pm Please spread the word Travis Wetzel Music
WNPV AM 1440 Have you caught Jeff Nolan's high school football previews in the morning? WNPV's high school football schedule begins this Friday night when LaSalle College comes to North Penn starting at 7:30 PM.
WNPV AM 1440 Do you have legal questions? Jot them down and then call WNPV tomorrow between 11:10 and noon when Liam Duffy and Andy Levin from Rubin, Glickman, Steinberg and Gifford will provide free legal answers on "Legally Speaking" right here on 1440 AM! Call 215-855-8211 or 800-355-9678 between 11:10 and 12 noon tomorrow.

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