Laserfiche WebLink
<br />SENT BY:MOODY'S INVESTORS SVC <br /> <br />5-18-94 ;12:18PM <br /> <br />PUBLIC FINANCE DEPT~ <br /> <br />4417425;# 3 <br /> <br />2 As of May 17. 1994 <br /> <br />Moody's Municipal Daily Rating Recap <br /> <br />Elk liver. Minnesota (continued) <br /> <br />e <br /> <br />tionally, county unemployment rates have exceeded <br />state averages. <br /> <br />At this time, we have also reviewed and confirmed the A <br />rating on the city's general obligation state aid road <br />bonds, which are secured by both the city's general <br /> <br />obligation pledge and state road aid allotments, and the <br />Baa rating on the Elk River Economic Development <br />Authority's City Hall and Law Enforcement Facility <br />Revenue Bonds, which are backed by the city's annual <br />budget appropriations. <br /> <br />analyst: Jerry COden <br />(212) 553-0329 <br /> <br />e <br /> <br />e <br /> <br />Thalnformalion heNln hu been oblalned from sourcea bellcve4 to be aoolralC and reUable. bill beeause of Ih. po.slbllll1 of humen BIld meohalllca\ emr, lIS 8DGur~y or Domple.noula not <br />sua,en.e4. Moody's ratinll are oplnlOllll, DO! l'ICommenclallolllto bull or 1111. and their aeollfacy lallOl paranread. A radII' should be \II.Sbed 10lel1 a, one factor In anlnvellmenl decllion, " <br />and YOII should make yollr own study and evaluation of lIIlY IMBuer whoSI teCurldeB or debt ablllJlliollJ )'011 conlider bIIy1ng or Bellini. MOItluuers of corpora,. bondi, municipal bond. and <br />nOles, prcf'cned sleck. and c:ommlll'Clal paper whlcllllftl rated by Moody', lnvelton Servlc:c:, IDe. have, prior le receiving the r.nll." agreed 10 pay a flC 10 Moody'. for wappralial and radnS <br />Bel'lllcc,. 'J'ba fea taIIgcl frolll SI.ooo to SI2.1,000. <br /> <br />Copyriahl e 1994 by Moody's lnveslon Service, Inc:. Pllbllablng and OllIOUtlva offices 1199 Clunm Street. Nil'" York. NY 10007 <br />