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Pasadena Now

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Daily Newsmagazine and City Guide to Pasadena, California featuring local news, breaking news, events, weather, sports news, schools news, shopping, restaurants and more from Pasadena Now

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pasadenanow.com > main > council-to-weigh-104-million-refinancing-of-electric-utility-obligations-in-move-that-could-save-millionsdebt

Council to Weigh $104 Million Refinancing of Electric Utility Obligations in Move That Could Save MillionsDebt – Pasadena Now

2+ week, 50+ min ago   (628+ words) The Pasadena City Council will decide Monday, Aug. 31, whether to authorize up to $104 million in bonds to refinance obligations owed by the city’s electric utility. The Water and Power Department projects the refinancing would save about $6.8 million in net present…...