The City of Flagstaff sold $15.86 million in general obligation bonds today to fund voter approved projects including the final fire station, the emergency communication radio system, and a portion of the street/utility projects. In light of the excellent credit ratings from Standard and Poor’s and Moody’s (AA and Aa2, respectively), the City was able to get a 2.12% interest cost. This is the best rate the City has achieved on any general obligation bond. “This is fantastic news for our … [Read more...] about Bond Sale Providing City Best Interest Rate