Judicial center mortgage paid off 10 years early
The Ogle County Board held an old-fashioned mortgage-burning Tuesday night with a new-fangled twist.
"You can't really burn anything indoors anymore so we've got a shredder," board chairman Kim Gouker said with a grin as he waved a fistful of documents for the financing of the Ogle County Judicial Center.
The board agreed in November to pay off the $10.3 million debt remaining on the judicial center 10 years early, saving the county an estimated $2.7 million in interest.
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