Sustaining Fishers Island

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Bond refinancing may save Southold Town nearly $1.4M

by Paul Squire August 16, 2016 Southold Town’s strong credit rating may save the town an estimated $1.37 million over the next 14 years as authorities prepare to refinance several outstanding town bonds, officials said. Town Comptroller John Cushman suggested bonds from 2007, 2008 and 2011 bond be refinanced. The 2008 bonds cover purchases for open space and construction at …

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