A3110 — Authorizes local units to refinance general obligation bonds irrespective of present value savings for period of one year.

A3110 — Authorizes local units to refinance general obligation bonds irrespective of present value savings for period of one year. · Informed CitizenryThis bill amends N.J.S.40A:2-51 to allow local units of government to issue refunding bonds to refinance general obligation bonds regardless of whether the present value savings meet minimum thresh…Open in Informed Citizenry