Debt refinancing should cut interest expense

The City of Snyder and Development Corporation of Snyder stand to save hundreds of thousands of dollars in interest expense after Monday. Council members approved the Development Corporation of Snyder’s (DCOS) plan to refinance approximately $1.2 million in debt by issuing new bonds. Council members Mitch Hickman and Sarah Jamison asked several questions about the additional expense of adding a…

Please log in to read the full story. Our website requires visitors to LOGIN to view the best local news from Snyder Daily News. Not yet a subscriber? SUBSCRIBE TODAY!