TRAVERSE CITY — Grand Traverse County taxpayers will save $1.2 million in interest over five years following a refinancing of $12.2 million in general obligation bonds earlier this month. Bids were sought in December 2014. Standard and Poor’s awarded NMC its AA long-term rating, signifying the college’s “very strong capacity” to meet its obligations. Chemical Bank … Continue reading Bond refinancing saves taxpayers $1.2 million