December 14, 2007 - Public Announcement:
Village of Huntley - special service area news
The President and Board of Trustees of the Village of Huntley annouced the successfull refinance of bonds
and obtained a lower interest rate on the debt of the Special Service Area Number's Six, Seven and Eight of the Southwind
Subdivision. You should see a reduction in your special tax beginning next year.
Special Service Area Number Six
The interest rate on these bonds was previously 6.75%. The bonds have been refinanced at an average rage of
4.9% which will result in an estimated annual savings amount of $188.00 per year, per dwelling.
Special Service Area Number Seven
The interest rate on these bonds was previously 6.00%. The bonds have been refinanced at an average rate of
5.02% which will result in an estimated annual savings amount of $130.00 per year, per dwelling.
Special Service Area Number Eight
The interest rate on these bonds was previously 7.75%. The bonds have been refinanced at an average rate of
5.05% which will result in an estimated annual savings of $337.00 per single family home and $170.00 per townhome.