SAUGUS — In a money-saving move, Saugus has issued $2,015,000 in general obligation bonds to refinance town bonds originally issued in March 2011. According to Town Manager Scott Crabtree’s office, the refinancing will generate gross budgetary savings of $343,752 over the remaining 10-year life of the bonds refunded. “This is such a tremendous opportunity for…
Saugus makes money-saving moves
