Research And Markets Research And Markets

Summary: Addison Vill, IL; General Obligation, Local GO Oct 98

  • ID: 1872546
  • October 1998
  • Standard & Poors
1 of 3

The rating on Addison Village, Ill.'s bonds reflects: * The city's easy access to the Chicago area transportation network; * Strong financial performance, consistently maintaining sound reserves; and * Moderate debt with manageable capital needs. Addison, with a population of 35,000, 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. Over the past five years, growth in the tax base has averaged 4% annually to an estimated market value of $2.1 billion in 1998. Per capita income in the village was at 106% and 112% of the state and...

Companies mentioned in this report are:
- Addison Vill

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Addison Vill

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown