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Bond Issue Approved by North Penn School Board

gavelNorth Penn School District officials are borrowing money.   The school board has authorized a $20,000,000 bond issue.   The debt will be repaid over 10 years using a wrap around schedule that puts the emphasis on interest payments initially but calls for a big principal payment before the end of the bond term.   Some of the borrowed money will be used to reimburse the district general fund for rennovations that have already been made at General Nash Elementary School.   The rest will be used for additional upgrades at Nash as well as at the high school and Inglewood and North Wales Elementary Schools.   District officials say the bond issue is probably the last borrowing North Penn will do for the next few years.   The district has a AA2 credit rating.   That puts it in a position to borrow at low interest rates.
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Environmental Sustainability. Local stores help to sustain vibrant, compact, walkable town centers which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution. "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Competition. A marketplace of tens of thousands of small businesses is the best way ensure innovation and low prices over the long-term.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Product Diversity. A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices. "Shop Locally for the Holidays."
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Tune in tonight at 7:55 PM for WNPV's first broadcast of the year of Gwynedd Mercy University Men's basketball.
WNPV AM 1440 Big sports weekend coming up! Start tonight with Downingtown East at Quakertown high school football at 6:30 PM. Tomorrow, we have Temple at Penn State starting at 10:30 AM (sorry, no "Premium Adjustment" this month! :(), followed by the final NASCAR Nationwide Series race, joined in progress. Sunday, it's the final NASCAR Sprint Cup race with the crowning of this year's Champion, starting at 2 PM. So stay tuned to 1440 AM all weekend ... or listen live online at www.wnpv1440.com.
WNPV AM 1440 High School football tomorrow night on WNPV: Downingtown East at Quakertown at 7 PM. Tune to 1440 AM or listen live online at www.wnpv1440.com.

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