Old Bridge, N.J., MUA Off Moody's Watch

October 2004
Bond Buyer;10/6/2004, Vol. 350 Issue 31984, p2
Trade Publication
Reports on the confirmation of the Aa3 rating on the Old Bridge Municipal Utilities Authority by Moody's Investors Service Inc. in New Jersey. Need for the authority to revise the bond resolutions to correct a timing deficiency between a potential shortfall and the agency's general obligation pledge; Amendment of the service agreement between the township and the authority.


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