County should issue highway bonds | Detroit Lakes Online

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County should issue highway bonds

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With interest rates so low, Becker County isn't making a lot of money investing its reserve funds, but there is one way the county could benefit from low interest rates -- issue bonds for highway projects.


Its neighbor to the west, Clay County, has gone that route, and expects to save well over $1 million, and perhaps much more, by taking advantage of interest rates hovering around 1.2 percent, according to Clay County Highway Engineer David Overbo.

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