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Interest Rate Chosen for Richmond, Rubio Systems

Posted: Thursday, July 10th, 2014 at 6:20 am
Author: Sally Y. Hart - KCII News

The interest rate for those who will have special assessments added to their taxes for individual septic systems in Richmond and Rubio was set by the Washington County Board of Supervisors. The five systems, which cost between $10,000 and $14,000 each, will have 2% interest. The payments will be made in 10 installments over 10 years. Also, the funds donated to Habitat for Humanity for the projects was allocated; in total $2,050 was donated.