Wednesday, August 29, 2012
Catt. County Getting More for Less
Cattaraugus County is going to be getting a lot more for a lot less. with a savings of close to 240 thousand dollars in interest payments over the next 15 years for this years 6.1 million dollars of borrowing for capital projects, there will be more money for road and bridge construction programs, landfill improvements and a county communication system. The 2.12 percent interest rate from a New York investment firm occured last week. One of the reasons for the low interest rate was the A1 rating they received from the latest Moody review.