A longtime debt will soon come off the books for the City of Butler.
At their Thursday night meeting, Council approved a payment in the amount of nearly $224,000 to Computershare Trust Company for debt service connected to the City’s 2005 general obligation bonds.
This final payment includes $220,000 in principal along with nearly $4,000 in interest. It is due March 1st but the city will pay as soon as possible.
Remaining debt service owed by Butler City includes money borrowed for the Center City Garage and the new City Firetruck as well as the Sullivan Run and Main Street improvement projects.
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