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Souderton Area School Board Refinancing Debt

Souderton Area School District officials are paying down what's owed on the new high school in Franconia with $700,000 realized from the sale of the parking lot across the street from the old high school in Souderton Borough.   The remaining $33,000,000 debt will be restructured with a new bond issue to take advantage of lower interest rates.   District officials expect to save about $1,000,000 in debt service costs over the 20-year life of the new bonds.   The school district still has more than $6,000,000 coming from the sale of the old high school campus.   Settlement on the building and nearby stadium is scheduled for next March while the closing on the remaining property is expected 14-months after that.

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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