TITLE

Upgrade for 911 Bonds

AUTHOR(S)
Shields, Yvette
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/21/2006, Vol. 356 Issue 32407, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the upgrade of the Minneapolis-St. Paul Metropolitan Council's 911-system revenue bonds by Standard & Poor's Corp. The bond are backed by a monthly telephone line surcharge. There rating upgrade is due to a massive increase in the amount of the 65 cents charge that is pledged to debt service.
ACCESSION #
21370085

 

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