Summary: Overland Park, Kansas; General Obligation

Standard&Poor's Ratings Services assigned its 'AAA' rating to Overland Park, Kan.'s series 2015A internal improvement bonds, and on its series 2015B and 2015C internal improvement refunding bonds. At the same time, we affirmed our 'AAA' rating on the city's existing general obligation (GO) debt. The outlook is stable. The bonds are secured by the city's unlimited ad valorem tax. The 2015C bonds are also payable in part from special assessments levied on property benefitted from improvements financed by the previously issued bonds, although we base our rating on the GO pledge, which we view to be the stronger of the two pledges. Proceeds from the 2015A bonds will finance various capital improvement projects, and the 2015B and 2015C

...Standard & Poor's Ratings Services assigned its '###' rating to Overland Park, Kan.'s series 2015A internal improvement bonds, and on its series 2015B and 2015C internal improvement refunding bonds. At the same time, we affirmed our '###' rating on the city's existing general obligation (GO) debt. The outlook is stable. The bonds are secured by the city's unlimited ad valorem tax. The 2015C bonds are also payable in part from special assessments levied on property benefitted from improvements financed by the previously issued bonds, although we base our rating on the GO pledge, which we view to be the stronger of the two pledges. Proceeds from the 2015A bonds will finance various capital improvement projects, and the 2015B and 2015C proceeds will refund outstanding issues for debt service savings. The rating reflects our opinion of the city's:...

Summary