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CHIPPEWA CASHES IN ON LOAN

CHIPPEWA CASHES IN ON LOAN

Chippewa Falls will be borrowing nearly two-point-four-billion-dollars this next fiscal year.  Reports say the city unanimously approved the borrowing package Tuesday night that also included 715-thousand dollars in promissory notes. 

A financial advisor says the two-point-seven-three percent interest rate on the loan is a great rate.  The city will pay it off at 165-thousand dollars-per-year. 


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