Second bond issue approved for new Beatrice Fire Station

  • Source: News Channel Nebraska
  • Published: 04/07/2021 12:00 AM

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.



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