Mayor's Office

City of Plattsburgh Announces Successful Bond Sale and Credit Rating Upgrade

The City of Plattsburgh announces the completion of a $17,441,890 serial bond issue, coinciding with a significant upgrade in its credit rating by Moody’s Investors Service. Moody’s has elevated the City’s issuer and General Obligation Limited Tax (GOLT) bond ratings from A3 to A2 and improved the City’s Bond Anticipation Note (BAN) rating from MIG 2 to MIG 1. This new rating applies not only to the 2024 bond issue but extends to all outstanding City debt, underscoring enhanced financial health and sound fiscal practices.

City Officials plan a Ribbon Cutting Ceremony for the Margaret Street Construction project.

On Saturday October 28th at 10:30AM, local, state and federal officials will officially mark the end of the Margaret Street Construction project alongside lead project engineers at C&S Companies, and lead contractor, Rifenburg Construction. The public is welcome to attend this brief ceremony and ribbon cutting which will be held in Margaret Street near the corner of Margaret Street and Protection Avenue.
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