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VfL 1848 Bad Kreuznach Secures Low-Interest Rate Loan for Gymnasium Reconstruction

In 1980, VfL 1848 Bad Kreuznach rebuilt its gymnasium (Jahnhalle) on Hochstrasse. There was a loan from the city of Bad Kreuznach for 519,344.73 euros to help finance the large-scale construction. The interest rate has now been confirmed in the Finance Committee, it remains at a reasonable 1 percent.

Von Marian Ristow

Reading time: 3 minutes

The association, which is celebrating its 175th birthday this year, will continue to have to pay an interest and repayment rate of just one percent to the city for the next three years. The municipal finance committee has extended the fixed interest rate for a further three years. The topic is nothing new for city politics, regularly …

2023-06-14 04:06:25
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