Brady Township has paid off its mortgage on the fire hall.
The township won voter approval in 1993 to issue a $275,000 bond to build the structure. The measure passed 421-220.
Bonds were issued and purchased by F&M State Bank and construction began by RupCol, Inc. at the end of May 1994. The bonds were paid off Dec. 1, 2015. There will not be a bond levy this year.
Bonds were officially paid off on Dec. 1st, 2016, paying off and removing the bond levy one year early.
According to the township there is $6,539.66 left in the account, but the auditor has yet to determine what, if anything, can be done with the balance.
James Pruitt may be reached at
publisher@thevillagereporter.com
