Demorest faces questions about ‘junk’ bond rating

Councilman John Hendrix brought a Moody’s report to the Tuesday meeting highlighting the city and water and sewer bond’s decreased ratings.
Councilman John Hendrix brought a Moody’s report to the Tuesday meeting highlighting the city and water and sewer bond’s decreased ratings.

   Councilman John Hendrix brought to the public’s attention that the city’s water and sewer bond is a step above the “speculative” or “junk” category at the Demorest City Council meeting Tu…

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