Jeff Rankin en College Will Save on Bonds <p>Monmouth College will save significant interest payments by taking advantage of low interest rates. It will refinance a bond issue. The college used a portion of the city&#39;s bonding authority to pay for construction of Bowers Residence Hall<br /><br />The $6 million building was completed in 2001.<br /><br />City Administrator Eric Hanson says the city had to approve the change before the bond counsel could move forward.<br /> Mon, 09 Jul 2012 13:58:50 +0000 James Lenz 17963 at College Will Save on Bonds