| Title: | Indianapolis Local Public Improvement Bond Bank, IN Indianapolis; General Obligation |
| Price: | $400.00 |
| Publication Date: | Apr 28, 2008 |
| Report Type: | Full Report |
| Abstract: | Standard&Poor's assigned its 'AAA' rating to Indianapolis Local Public Improvement Bond Bank, Ind.'s series 2008 bonds, supported by the city of Indianapolis. The rating reflects the special benefit tax, an ad valorem tax levied on all taxable property of the redevelopment district of the city, which is coterminous with the city. Standard&Poor's also affirmed its 'AAA' issuer credit rating, and stable outlook, on the city of Indianapolis. In addition, Standard&Poor's affirmed its 'AAA' rating, and stable outlook, on the outstanding bonds of the city. The rating reflects the city's: Deep and diverse economy, which has exhibited stability and consistent growth; Continued above-average financial position; and Prudent management, which continues to address fiscal challenges despite |
| Brief Excerpt: | RESEARCH Ratings Definitions Indianapolis Local Public Improvement Bond Bank, IN Indianapolis; General Obligation Publication date: ##-Apr-#### Primary Credit Analyst: Eden Perry, New York (#) ###-###-####; eden_perry@standardandpoors.com... |
| Word Count: | 2489 |
| Issuer: | Indianapolis |
| Sector: | Global Issuers, Public Finance, Financial Institutions, Corporations, Utilities |
| Country: | United States |
| Region: | United States |
| Format: | 
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