KJ borrows $4 million for new center
Kiryas Joel officials have borrowed $4 million through bonds to finish building a massive convalescence center for mothers on a hill behind the village fire station. They plan to cobble together state and federal grants, a mortgage and private donations to pay off the debt in one year, Village Administrator Gedalye Szegedin said last week.
The entire project is expected to cost $9 million
Kiryas Joel officials have borrowed $4 million through bonds to finish building a massive convalescence center for mothers on a hill behind the village fire station. They plan to cobble together state and federal grants, a mortgage and private donations to pay off the debt in one year, Village Administrator Gedalye Szegedin said last week.
The entire project is expected to cost $9 million