Re: Jersey City has big plans for 100 acres on West Side along Hackensack River
Posted by Yvonne on 2018/10/11 19:33:48
Actually, that is the one thing I asked about, the interest rate and it is the one thing that the administration will not answer. The ordinance just states the interest rate cannot be higher than 8%. It also states the bond can be refinanced which is am totally against. JC had bonds floating around for 50 years in the past which is absolutely ridiculous due to refinancing.
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