The 'AAA' long-term rating assigned to West Des Moines, Iowa's series 2010A and 2010B general obligation (GO) bonds and on the city's previously issued debt is based on the following credit factors: Status as an employment and residential center for the entire Des Moines metropolitan area, Access to the large and diverse Des Moines area economy, Economic indicators that compare favorably with state and national averages, and A historically strong financial position with conservative management. The city will use the bond proceeds to refund several maturities of outstanding debt. Payment of debt service is backed by the city's unlimited-tax GO pledge. West Des Moines is located adjacent to Des Moines, Iowa (GO rating AAA/Stable). The city has a substantial employment
