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HIAWATHA, KS (2010-4-30) The Hiawatha City commission is considering getting a better finance rate on its wastewater treatment plant bond.
It's scheduled for 40 years at 4.25% interest, but Hiawatha administrator Lynn Ladner wants to get it paid off before the wastewater plant becomes obsolete. Ladner is suggesting a shorter-term re-finance, and officials are looking into what the current rates are and if that's feasible. Hiawatha needs to pay off the wastewater bond before the year 2045.
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