Riley County commissioners refinanced the county debt Thursday, an action they believe will save taxpayers around $69,000. County officials opened three bids for the refinance proposal, the lowest coming from Country Club Bank of Kansas City. The interest rate was 2.28 percent. Other bidders were UMB, 2.293 percent, and Commerce Bank, 2.457 percent.
County officials said the county’s AA2 credit rating, which is one of the highest, helped generate what they viewed as a good rate of return.
County Attorney Barry Wilkerson has been working with other county attorneys and with the Atty. Gen. Derek Schmidt to perfect wording for the “Hard 50” bill before it is considered by a special session of the Legislature next month. The bill will permit the imprisonment of those convicted of premeditated murder for 50 years without the chance of parole.
“It’s important for the survivors to make sure these people will never be let out in their natural life,” Wilkerson said. Wilkerson said he is confident that the bill will be approved and will be signed by the governor.