A second issue of bonds has been approved to help finance construction of the new Beatrice Fire and Rescue Headquarters. The city council approved the issue Monday night, for up to $2.8 million.
Bond representative for the city, Jay Spearman said costs to the city remain low. "The all-in cost for this financing right now is one-point-one percent. It's hard telling where interest rates are going to go, but I wouldn't expect we'd be over one-point-two percent."
The bonds should be available for purchase in about a month. A larger bond issue of up to $7.2 million was made last October for the fire station, which is expected to be completed in September.