Thursday, August 20, 2009
City Maximizes Savings in Recent Bond Offering
Being rated a triple A community by two financial rating agencies certainly has its benefits. That, along with a set of financial policies that serve in guiding the City’s fiscal decisions. The City recently issued $18 million in bonds to support capital improvements and refinance existing debt, achieving exceptional results on a number of levels. The following release from the City and Baird, which served as underwriter on the transaction highlights what was achieved.
