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County staff brief committee on upcoming bond sale; AA- rating holds
Summary
Staff said the county's promissory note/bond sale is scheduled for the 14th, with a sale-day report to be provided at the board meeting and closing expected roughly two weeks later; credit rating remained AA-.
Staff told the committee the promissory note sale is scheduled for the 14th, with a sale-day or presale report to be presented at the board meeting and formal award and closing to follow roughly two weeks later. Staff reported no change to the county’s credit grade (AA-), and described final administrative steps completed in preparation for the sale.
Committee members acknowledged the timeline and thanked staff, and staff committed to provide the sale-day report to the board. No committee-level action beyond the update was taken.
