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would not have any of its debt BQ because the EDA's debt would also count against the City's <br />debt. <br />If a community is working on a joint project, it is sometimes possible to share BQ status among <br />two different cities or a city and a county. <br />BQ status is a slight benefit to a project, but a .15% interest rate shift can occur through market <br />forces in less than a week. Therefore, we recommend to communities that they borrow when <br />they need funds rather than trying to "play" the market. <br />Please contact us with further questions or comments. <br />