WEST CARROLLTON, Ohio (WDTN) - The West Carrollton City Council agreed to refinance the debt for the local YMCA on Tuesday.
The original terms for the remaining debt of $2.58 million included a 3.17 percent interest rate ending in 2019. The city secured a new interest rate of 1.88 percent also ending in 2019.
"This refinance will result in a total savings of approximately $108,000 during the next seven years, or $15,400 per year," said Tom Reilly, West Carrollton finance director. "The city is pursuing every available option to save money and stretch the city's budget," he said.
In 2012, the city saw revenues decrease approximately $670,000 due to the elimination of 330 jobs at Appleton and reductions in state funding.
The YMCA, located at 900 S. Alex Rd., opened on March 29, 2004. The West Carrollton YMCA currently has 4,169 total memberships and received approximately 15,000 visits in December 2012.
One man is in custody after a police pursuit that began in Franklin and ended in the area of Germantown Pike and Stolz Avenue in Dayton.
Sidney Police are looking for a pair of men who robbed a Speedway gas station early Sunday morning.
A big thanks to all of you, the WDTN viewer, who contributed to our campaign to the help the United Rehabilitation Services.
Two people were taken to the hospital after a two-vehicle rollover crash at the intersection of Wagner Ford Road Sunday afternoon.
Fairhaven Church is donating 1,500 bins of clothes, household gifts, and toys to families in the Dayton, Springboro, and Northmont school systems.