Wednesday, November 19, 2014
ROCKVILLE RETAINS AAA BOND RATING
The rating means that financing for improvements to the city's Civic Center and the Rockville Swim Center will proceed as planned. Water, sewer and stormwater improvements will also be funded by the bond sale.
Raymond James & Associates had the winning bid Monday, offering a 2.69% interest rate.
The agencies did express concern about the city's water and sewer funds, Matthews said.