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Bond refinancing means easy money for county

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Becker County will save about $192,000 by refinancing bonds it issued in 2007 for a courthouse addition project.

"You can issue a 15-year bond at a true issuance rate of 2 percent -- it's just an indication of how low bonds are now," said J. Bruce Kimmel, a senior financial advisor with Ehlers of Roseville, which is handling the bond refinancing for the county.

Kimmel appeared at the County Board meeting Tuesday.

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