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
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Grand Canyon North Rim Reopening May 15
The Arizona Department of Transportation will open Highway 67 to the North Rim of Grand Canyon National Park on Sunday, May 15 by 7:00 a.m.; and Grand Canyon Lodge North Rim, a Forever Resorts property, and Grand Canyon Trail Rides will commence their 2011 seasonal operations. Grand Canyon Lodge North Rim operations include lodging, groceries, camper services, food services and a service station. All concessioner facilities will open at 10:00 a.m. with the exception of the dining room which … [Read more...] about Grand Canyon North Rim Reopening May 15