West Windsor Mayor Shing-Fu Hsueh has announced that the township recently re-bonded $16.8 million in general obligation refunding bonds issued before 2007. The bonds consist of $9.9 million in general improvement, $2.2 million in pool utility, and $4.6 million in open space refunding bonds.##M:[more]##
Hsueh said the bonds were sold at a true interest cost of 3.26 percent for a total savings of $687,”000 over the life of the bonds. The new bonds replace bonds previously issued in 1998 and 2001 that had higher interest costs.
