Sioux Falls Looks To Refinance Two Projects To Pay Off Debt

(Sioux Falls, SD) — Sioux Falls is hoping to save six-point-two million dollars by refinancing two projects. The two bonds are for financing construction on the Denny Sanford Premier Center and the City Center. One of the bonds has a remaining balance of 56-point-eight-million dollars while the other has 15-million dollars remaining. The proposal would merge both into one new bond. If the proposal is approved the bonds would be paid off one year earlier than expected.

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