
AA+ and Aa2 G.O. Bond Credit Ratings
The purpose of this LTC is to advise you of the credit ratings assigned by Standard & Poors (S&P) and Moody’ s to the City’ s 2019 general obligation bonds and outstanding prior G. O. bonds. I would like to underscore that both S&P and Moody’s have recently incorporated risks from climate change and severe weather events into their credit rating analysis. Read the…
Read MoreMiami Beach Issues First Tranche of General Obligation Bond
Today, the Miami Beach City Commission unanimously approved the issuance of $153 million as part of the first tranche of the city’s $439 million general obligation bond. During the months of January and February 2019…
Read MoreMiami Beach Establishes G.O. Bond Oversight Committee
As the City of Miami Beach moves forward with the implementation of its $439 million general obligation bond approved by voters this past November, the Mayor & City Commission has appointed an oversight committee to monitor bond projects with a goal of delivering what was promised — on time, on scope and on budget…
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