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Article: S&P Rates Morrison County, MN GO Bonds Series '97, Affirms Outstanding Ratings
- Article from:
- PR Newswire
- Article date:
- June 24, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, June 24 /PRNewswire/ -- Standard & Poor's today has assigned its single-'A'-minus rating to Morrison County, Minn.'s $2.67 million G.O. taxable tax increment bonds series 1997 dated July 1, 1997 due Feb. 1, 2000-2007.
Standard & Poor's has affirmed its single-'A'-minus rating on the county's $3.7 million outstanding G.O. bonds.
At the same time, Standard & Poor's has affirmed its single-'A'-minus rating on Morrison County Housing and Redevelopment Authority's $4.1 million unlimited tax jail lease series 1993A, secured by Morrison County.
The outlook is stable.
The ratings reflect Morrison County's narrow and ...