Rockwood to talk utility finances today

More talk about a refinancing and loan package for the Rockwood sewer system is planned during Rockwood City Council’s special-called meeting at 6 p.m. today, Monday.

The estimated $3.2 million plan includes funding a $1.2 million project under a Tennessee Department of Environment and Conservation grant and refinancing of some of the existing debt.

Morgan Keegan representative Scott Gibson will report his findings on a city bond rating and what he thinks the loan interest rates will be.

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