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...]