Fire district to sell bonds

Lacey Fire District 3 is selling $1.3 millon in bonds to purchase new replacement equipment and make some improvements to the Steilacoom Road station. Lacey officials say the bonds will be payed off through current property tax revenue.

The fire commission is also refinancing some $1.1 million in existing bonds because of low interest rates. Fire officials say this move will save taxpayers more than $144,000 in interest payments over the years.