Summary: Addison Vill, IL; General Obligation, Local GO Dec 00
- ID: 1872217
- December 2000
- Standard & Poors
The upgrade on Addison Village, Ill.'s GO bonds reflects: Continued tax base growth, Solid financial performance, and Good revenue raising flexibility. The rating reflects: The city's easy access to Chicago and the deep and diverse regional employment base via an extensive area transportation network; Strong financial performance, consistently maintaining sound reserves; and Moderate debt with manageable capital needs. Addison Village, with a population of 33,180, is located in DuPage County, 15 miles west of O'Hare International Airport. The village is home to various warehouse and distribution facilities and benefits from excellent rail and interstate access. The largest distribution center is United Parcel Service, employing 2,700. Additionally, residents enjoy strong access to the regional employment base in Chicago and its western...
Companies mentioned in this report are:
- Addison Vill
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