THE EFFORT BY THE OTTAWA CITY COMMISSION TO SAVE MONEY BY REFINANCING BONDS AT A INTEREST RATE, HAS ALL BEEN FOR NOTHING, BECAUSE OF RECENT RATE HIKES…..FINANCIAL CONSULTANT DAVID ARTEBERRY EXPLAINED TO THE CITY COMMISSION THE CURRENT STATE OF THINGS.
THE CITY COMMISSION IS EXPECTED TO FORMALLY GIVE UP THE EFFORT UNTIL SUCH TIME AS INTEREST RATES START DECLINING.
