- Published: May 2012
- Region: United States
Summary: Riverside County Public Financing Authority, California Riverside County Redevelopment Agency; Tax Increment Oct 11
- Published: October 2011
- Region: California
- Standard & Poors
Standard & Poor's Ratings Services has affirmed its 'BBB+' underlying rating (SPUR) on Riverside County Public Financing Authority, Calif.'s series 2006B tax allocation revenue bonds, issued for the Riverside County Redevelopment Agency (RDA). The authority used the proceeds of the 2006B bonds to purchase two separate bond issues backed by tax increment revenues from two separate project areas of the RDA: the MCPA and Redevelopment Project Area No. 1 (PA 1). The revenue from these two RDA bonds secures the series 2000B authority bonds. Each separate issue of RDA bonds is secured by tax increment revenues from one of these two project areas through an indenture specific to each bond issue. Debt of each tax increment project area has its...
Companies mentioned in this report are: Riverside Cnty Redev Agy,Riverside Cnty Pub Fing Auth
Action: Outlook: Stable
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Riverside Cnty Redev Agy,Riverside Cnty Pub Fing Auth