Summary: Blaine, Minnesota; General Obligation; Note

S&P Global Ratings assigned its 'AAA' long-term rating to Blaine, Minn.'s $32.0 million series 2024B general obligation (GO) bonds and its 'SP-1+' short-term rating to the city's $27.1 million GO taxable temporary tax increment financing bonds and $8.7 million series 2024D GO taxable temporary tax abatement bonds, based on the application of its "Methodology For Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. At the same time we affirmed our 'AAA' long-term rating on the city's GO debt outstanding. The outlook is stable. The city's full faith and credit and ability to levy unlimited ad valorem property taxes secure the 2024B bonds. The city also pledges available special assessment and utility revenue for the repayment of a portion of

...+ S&P Global Ratings assigned its '###' long-term rating to Blaine, Minn.'s $32.0 million series 2024B general obligation (GO) bonds and its 'SP-1+' short-term rating to the city's $27.1 million GO taxable temporary tax increment financing bonds and $8.7 million series 2024D GO taxable temporary tax abatement bonds, based on the application of its "Methodology For Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. + At the same time we affirmed our '###' long-term rating on the city's GO debt outstanding. + The outlook is stable....

Summary