Bedford maintains highest credit rating from Moody’s
“The town is independently rated and is able to seek bids on the open market so we don’t have to go through the New Hampshire Municipal Bond Bank,” said Levine.
On June 13, the town closed on a $7,785,000 bond, the second portion of the $13.2 million infrastructure bond approved by Bedford voters in 2011 and the refinancing of the 1999 landfill closure bond that was originally borrowed at 4.48 percent. Refinancing the landfill bond yields Bedford taxpayers about $48,000 in present value savings, Levine said.
“The town of Bedford commends its Finance Department for Moody’s recognition of its professional and strategic leadership in the government finance community, and also recognizes its Planning Department and the business community for ensuring continued successful commercial development in the town of Bedford,” said Levine.
The Bedford Bulletin
100 William Loeb Drive
Manchester, NH 03109
Neighborhood News publications can be found at a newsstand near you here.
News, Obituaries, & Social Announcements
Christine Heiser, Executive Editor
Email ads to email@example.com
Classified advertising: 603-669-1010
Display advertising: 603-206-7800 x264
Rate card | Ad Order | Credit application
Please use our online form at www.nh365.org