Members of the Blackfoot City Council adopted an ordinance dealing with refinancing of the community's Waste Water Treatment Bonds (WWTP) during Tuesday's meeting.
Michael King, public finance banker for Idaho Bond Bank, said he was able to refinance the city bonds to receive a higher rating with Standard and Poor's credit rating agency. King compared refinancing the WWTP bonds to refinancing a house, saying the bonds will have a shorter lifetime with reduced interest rates and will help reduce debt associated with the city's sewer system.
It was designed for the sole purpose of retiring the United States flag with honor and dignity. With the help of U.S. veterans from the Non Commissioned Officers Association (NCOA), that's exactly what a newly designed ceremonial flag incineratorâ€” designed and donated by Premier Technology employeesâ€” did for the first time at a flag retirement ceremony at the company's headquarters in Blackfoot Tuesday afternoon.