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Loan refinancing could pay for new fire station

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Posted: Wednesday, June 6, 2012 12:00 am | Updated: 7:14 am, Wed Jun 6, 2012.

A permanent replacement for the dilapidated Lodi Fire Station 2 may soon become a reality thanks to a city of Lodi plan to refinance a loan to get a better interest rate.

City staff told the Lodi City Council about possibly refinancing three outstanding bonds at its early morning study session on Tuesday.

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1 comment:

  • roy bitz posted at 9:57 am on Wed, Jun 6, 2012.

    roy bitz Posts: 503

    I find it hard to believe this fire station----built just thirty years ago---must be totally demolished and a new one built.

    I also find it hard to believe there is no thought being given to reducing some of the massive debt our city leaders have burdened tax payers with.

    I do not believe there is a "win win" scenario here--- not at all!

     
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