NJ Town Council Amends Water Revenue Bond Ordinance to Reflect SRF Public Pool Interest Rate

North Judson Town Council members were required to make an amendment to the Town’s 2018 water revenue bonds ordinance when they met Monday night.

As previously reported, the Town is funding their drinking water project with money from a State Revolving Fund (SRF) loan. When members initially passed the water revenue bond ordinance, they included the anticipated interest rate which was 3.25 percent. Continue reading