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Kalona Continues Refinancing Conversation

The City of Kalona continued the refinancing conversation at last week’s City Council meeting. According to City Administrator, Ryan Schlabaugh, the City is working with a bonding attorney to evaluate the possibility of refinancing their state revolving fund loans to 1.75%.
They’re also determining the potential to bond the City’s general obligation loans.
Schlabaugh says the City wants to see what their options are before the Council addresses the issue again.