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State College, PA

State College Borough Council OKs $10 Million in Borrowing for Parking Repairs, Building Acquisition and Bond Refunding

State College

Cover picture for the articleState College Borough Council on Monday approved borrowing $10 million to refinance existing bond debt, construct parking facility improvements and acquire an unnamed building. Chris Gibbons, of Concord Public Finance, said that interest rates are historically low and the borough will save on costs by combining all three into one...