Bay City Local Business
Local business in Bay City, TX
Friday Sep 12 | via Business Wire
Fitch Ratings affirms its 'A+' rating on the following bonds issued by the San Patricio Municipal Water District's : The bonds are payable from and secured by a first lien on and pledge of net revenues of the district's wholesale water system and are secured also by a pledge of the money in all funds created by the bond resolution. CONTINUED WEAK DEBT SERVICE COVERAGE : The maintenance of the Negative Outlook is due to volatile and thin DSC in recent years. Comment?
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