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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.

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WNPV AM 1440 Reminder ... Mike Bruckner of Professional Adjustment will be on "Premium Coverage" tomorrow at 11:10 AM. Learn how to deal with your insurance company's adjuster to get the insurance settlement you are entitled to when you suffer a loss. Call him at 215-855-8211 or 800-355-9678 between 11:10 AM and noon.
WNPV AM 1440
Pa’s River of The Year Serves Many Montco. Communities The Schuylkill River is the Pennsylvania River of the Year. It washes the shores of 16 municipalities in Montgomery County along a 42 mile stretch of riverfront.
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Lansdale Gets Some Help From Septa On Project Septa is helping Lansdale’s Madison Lot Project by way of funding for engineering costs associated with the building of a pedestrian bridge over the railroad tracks that separates the lot from the train yard.
WNPV AM 1440 Good Friday service on 1440 AM at 3 PM today.
WNPV AM 1440
Top Official at Univest Likes Housing Market The President of Corporate Banking for Univest, Phil Jackson, says there’s a sign that the real estate sector of the economy is beginning to stimulate long overdue economic growth.
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Montco. Schedules Electronic Collection Spring and summer signal the seasons where you can unload those things that are taking up space in your home. many items, including electronics, are not picked up by trash collection. Montgomery County will host an electronics collection.

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