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News tagged with “general obligation”. Found: 153 tagged news reports.
 

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San Juan :: Puerto Rico | 13 days ago

Credibility Credibility of 5

Puerto Rico (AP) Fitch Ratings has downgraded $13.4 billion worth of Puerto Rico's general obligation bonds as well as bonds issued by the island's water and sewer company. Fitch said Wednesday that the downgrades are a result of a newly approved law

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Chino Valley :: AZ :: USA | 1 month ago

Credibility Credibility of 5

Steve Chontos, owner of the Chino Golf Range on the south end of Highway 89, presented a plan for a $4 million revenue bond, less than the Town's current $13.5 million general obligation bond proposal. On Nov. 4, voters will vote yes or no on the

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Detroit :: MI :: USA | 4 months ago

Credibility Credibility of 5

City leaders plan to reveal as soon as Wednesday that it has reached a bankruptcy settlement with unsecured bondholders , reflecting a key resolution to one of the case's most contentious issues, sources familiar with the plans said. The sources

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Springfield :: MO :: USA | 5 months ago

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Illinois wears a scarlet letter when it borrows money, denoting a woeful fiscal reputation that cost at least $80 million in additional interest charges over a five-year period, a study released Monday found. The University of Illinois' Institute of

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San Francisco :: CA :: USA | 5 months ago

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The city of Detroit's effort to declare some of its general obligation bonds as unsecured debt will be challenged in bankruptcy court Wednesday in what could be a precedent-setting turn in the largest-ever municipal bankruptcy in U.S. history. The

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San Juan :: Puerto Rico | 5 months ago

Credibility Credibility of 5

Dennis Rivera for The New York Times Gov. Alejandro Garcia Padilla said that he had asked the legislature for approval to borrow up to $3.5 billion in new general obligation bonds. Fitch Ratings lowered Puerto Rico's debt to junk status on Tuesday,

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Sonoma :: CA :: USA | 6 months ago

Credibility Credibility of 5

The Sonoma Valley Health Care District, which oversees 83-bed Sonoma Valley Hospital,  announced it has completed refinancing of the 2009 general obligation bonds, resulting in a $2.36 million reduction in interest paid on the bonds. This is a

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Minneapolis :: MN :: USA | 6 months ago

Credibility Credibility of 5

That wouldn't ordinarily be news, but it's the first time in a decade that the city's general obligation debt balance -- tied to the full faith and credit of the city -- will increase rather than decrease. Paying down the formerly debt-ridden budget

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Princeton :: NJ :: USA | 6 months ago

Credibility Credibility of 5

The Princeton City Council is moving forward with the city's commitment to extend city water and sewer service to the Bailey Subdivision. At Monday's meeting, the council approved a resolution to hire Wendler Engineering to do the design for the

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Newton :: IA :: USA | 6 months ago

Credibility Credibility of 5

On Monday, Newton City Council will begin budget hearings for the upcoming year. Five organizations will make presentations for the budget hearings. Erin Chambers, director of Planning and Zoning, also will give an update on the comprehensive plan to

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