College in Stockton to refinance and save money

San Joaquin Delta College in Stockton will be able to refinance and save those in the city between $5 and $7 million this spring once it goes ahead with the Measure L bond that has been approved by voters. The refinancing measure was approved by the trustees of the college earlier this year.

Many projects have been undertaken by the college thanks to Measure L. The college has renovated the Goleman Library, establish the first phase of South Campus at Mountain House, and build a state-of-the-art science and math building. Superintendent and President of Delta College, Dr. Omid Pourzanjani, expressed his gratitude to the city and the voter for approving Measure L so that it will be able to refinance and save them millions of dollars. It shows how much the public supports the college and its students who are learning and working to improve the community. Announcements of such actions can be made known to the college and the rest of the community through printing services of many kinds.

The refinancing will enable the college to take advantage of low interest rates and to pay off the final installment of bond money in 10 years as opposed to 25 years.

Students in the San Joaquin Valley and Mother Lode attend Delta College to upgrade their skills, learn a new trade, or earn credits for later attendance at four-year colleges and universities.