Desloge to Refinance Waterworks Bond

(Desloge, MO) The City of Desloge is refinancing it's waterworks bond. City Administrator, Dan Bryan, says the board agreed that now would be a good time to take advantage of low interest rates.

Under the terms of the new loan, Bryan says the city will need to repay roughly $270,000 per year. The board also discussed bids, permits, and longevity pay - as well as a number of other items, at Monday's Board of Alderman meeting.