Categorized | Local News

Special Meeting to Sell Bonds

Posted on 18 April 2011 by KWBG

BOONE, Iowa—The Boone City Council will be back holding a special meeting, Tuesday afternoon at the Boone City Hall. The Council will consider action to sell nearly $7 million in General Obligation Capital Loan Notes for new construction and to refinance five other bond sales. Boone City Administrator Luke Nelson noted that Moody’s Investors have assigned an A-1 rating to the sale. Nelson says the improving General Fund balance and the reserves developed over the past couple of years are leading reasons for the rating.

Leave a Reply

You must be logged in to post a comment.


Boone Municipal, IA

Last Updated on Aug 22 2017, 5:55 pm CDT

Current Conditions: Fair


Temp: 73°F

Wind: NW at 15mph

Humidity: 44%

Dewpoint: 50.0°F

Your 5-Day Forecast at a Glance

Advertise Here
Advertise Here