Uh-oh

Northport considers refinancing debt | TuscaloosaNews.com

Faced with a doubled interest rate on the more than $1 million in debt remaining from a 2002 bond issue, city officials are leaning toward refinancing the outstanding balance and possibly saving a few thousand dollars over the next five years.

That’s just… great. Really. I’m sure looking forward to the inevitable tax increase. I have to get a place in Tuscaloosa city.