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Summary: Hartford Cnty, MD; General Obligation, Local GO Dec 97
Standard & Poors, December 1997
The rating on Harford County, Md.'s bonds reflects: * Sustained economic growth, * Pro-active economic develop efforts, * Strong financial management, and * Sound debt and capital planning practices. The consolidated public improvement bonds are scheduled to sell Dec. 3, 1997. The county's economic growth is directly tied to its location along the I-95 corridor in northeastern Maryland, which serves as a transportation link to Baltimore and Washington, D.C. Its location makes it attractive to businesses with warehouse and distribution needs, as well as manufacturing companies. The population (217,700) continues to grow steadily as residents leave other areas of the Baltimore metropolitan area to take advantage of the county's relatively low-cost housing and land availability. Strong employment retention programs and...
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Action: New Rating
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