First Street Lofts Break Ground in Rochester Today

The City of Rochester will be adding a six-story 46 unit residential building to its thriving downtown. First Street Lofts received approval from the City last year and will begin construction in late April. A ground breaking event has been planned for Tuesday, April 28, 2015 at 10:30 a.m. at the building site, located on the northeast corner of First and Walnut Streets, according to a press release from City Manager Jaymes Vettraino. The press release went on to say that the loft style units … [Read more...]

City of Rochester Receives ‘AAA’ Bond Rating

The City of Rochester recently received the highest ‘AAA’ bond rating from Standard & Poor’s Ratings Services (S&P) for the City’s series 2015 limited-tax general obligation capital improvement bonds financing its Parking Platform Construction Project. Rochester joins the very few Michigan communities with an ‘AAA’ bond rating and is just one of two cities with a population of less than 20,000 to receive this highest rating from S&P.  The ‘AAA’ rating is based on many factors, … [Read more...]

Water, Sewer Rates Rising

It happens every year, and this year is no exception. Rochester residents will see their water and sewer rates rise, effective immediately. But resident Steve Szoke asked city council Monday why the city has to pay a 20-percent markup to Shelby Township, which provides Detroit water to the eastern part of Rochester. He said the east side’s rate is almost three times that of the west side, which gets water from the city’s own system. City Manager Jaymes Vettraino said the city is working on … [Read more...]