Kelly Kenoyer
Sweet Home City Council is looking to refinance some of its debts to take advantage of unusually low interest rates.
Councilors Lisa Gourley, Greg Mahler, Diane Gerson, Dave Trask, Susan Coleman, and Cortney Nash attended the council’s Nov. 10 city meeting, with councilor James Goble absent.
Finance Director Brandon Neish told the council the city is currently paying interest rates between 2.4 and 3.14% on $6.5 million in existing debts, far above current…