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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 Happy Thanksgiving from all your friends here at WNPV Radio!
WNPV AM 1440 As you plan your shopping for Friday ... and Small Business Saturday ... be sure to include some of the locally owned and operated businesses in our area because, according to the Institute for Local Self-Reliance (www.ilsr.org), locally owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do! "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Planning to shop on Friday? How about Small Business Saturday? As you make your plans be sure to include some of the locally owned and operated businesses in the area! According to the Institute for Local Self-Reliance (www.ilsr.org) there are "10 Reasons to Support Locally Owned Businesses." #5: Entrepreneurship. Entrepreneurship fuels America's economic innovation and prosperity and serves as a key means for families to move out of low-wage jobs and into the middle class. 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): Public Benefits and Costs. Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
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): 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

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