Cecil Township Municipal Authority
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PUBLIC STATEMENT

The following Public Statement is in reference to the November 7, 2011 Millers Run tributary marine wildlife damage: Nov. 7, 2011 Public Statement

 

Authority Refinances Millers Run 2004 Guarantee Sewer Revenue Bonds

Cecil Township Municipal Authority completed a refinancing of the Millers Run 2004 Guarantee Sewer Revenue Bonds, resulting in a net savings of $790,000.  The savings will be applied to the Authority’s debt service requirements lowering the payments over the life of the 2011 issue.  The majority of the savings will be applied during the years 2012 through 2015.

According to information provided to the Authority by Public Financial Management Inc, the financial advisor for the Authority, the bond market was at an historical eighteen year low contributing to the resulted savings.

 

2011 MEETING SCHEDULE:  For 2011, the Cecil Township Municipal Authority will hold its regular monthly meetings on the third Tuesday of each month at 6:00 PM in the Cecil Township Municipal Building.


MILLERS RUN TAP-IN FEE SCHEDULE & USER FEE SCHEDULE: Click to view entire article

 

 

Cecil Township Municipal Authority
3599 Millers Run Road, Suite 104
Cecil, PA 15321
Phone: 724-746-4848