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City’s bond rating stays ‘A’

October 16, 2012
Steve Schulwitz - News Staff Writer , The Alpena News

ALPENA - In a time where governments are having a difficult time making ends meet and some teeter on the edge of becoming bankrupt, the City of Alpena has taken the necessary steps to be sure it is secure financially. As a reward for its fiscal responsibility Standard & Poors recently maintained the city's "A" bond rating, which allows the city to borrow money if needed, or bond out for projects which need to be done.

 
 

 

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