Orion Charter Township successfully sold its $15,000,000 Capital Improvement Bonds to finance part of the cost of a new Township Hall Facility on September 2, 2020. The Bonds were sold at a competitive public sale with multiple bidders and the winning bidder was Morgan, Stanley & Co. Morgan Stanley's bid was to purchase the Bonds and pay $16,074,254.29 to the Township and the Township will repay the $15,000,000 of Bonds over 20 years at an interest cost of 1.77%. The Bonds were rated AA by S&P Global Rating Service. Closing on the bond issue took place on September 18, 2020.