2009-12-23 / Front Page

City to refinance KEDC bonded debt

By BILL WOODALL knhedit@kilgorenewsherald.com
City council last week signed off on a plan to refinance $2.7 million in bonded debt for Kilgore Economic Development Corporation (KEDC). The bonds are secured by sales tax revenue and, if allowed to mature, would cost KEDC $3.346 million in principal and interest. The bonds were Synergy Park.


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