Bellevue Council voted Tuesday to put the borough in the position to refinance its outstanding bonds if market conditions make the move sufficiently profitable for the borough.

Representatives of the broker, as well as bond counsel, told officials that the ordinance will authorize them to act if the borough can achieve a savings of at least 2 percent of the $6 million principal, or of at least $100,000 if only part of the bond is refinanced.

Council member Linda Woshner objected to adoption of the ordinance because, she said, council had not had the opportunity to interview various brokers, but rather the finance committee had assumed that responsibility.