The 'AAA' rating on Ramsey County, Minn's GO capital improvement refunding bonds series 2004A reflects the county's: Strong economic base, which includes St. Paul and its surrounding suburbs, and proximity to employment throughout the Twin Cities area; Historically strong financial position; and Manageable debt burden. The county's full faith and credit pledge secures the bonds. Proceeds will be used to advance refund a portion of the county's 1994A, 1995 and 1997A bonds. Ramsey County is anchored by St. Paul, the Minnesota state capital. Along with Hennepin County, Ramsey County provides the nexus of the Twin Cities economy. Ramsey County's population has continued to grow over time; at the 2000 U.S. Census, its population was 511,000, which was a 5.2% increase...
Companies mentioned in this report are:
- Ramsey Cnty
Action: New Rating
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