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Hennessey authority approves $1.1 million loan

August 04, 2021 - 00:00
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Three loans were consolidated into one by Hennessey’s Utilities Authority last week. That will give the town a $1.104 million utility system and sales tax revenue note and reduce its interest rate from 2.70% to a 2.25% fixed rate. That’s an estimated savings of $4,067.19 on the 15-year, two-month loan according to ...

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