MWSD Bonds Retain A+ Rating from Fitch Ratings

Letter

Posted by
Fri, October 16, 2009


I am pleased to report to the Montara / Moss Beach community that the Montara Water and Sanitary District bonds, Series 2003, have received a very favorable continued A+ rating, with a stable outlook, based on the District’s well managed finances and the characteristics of the District’s population.

MWSD’s rating has not been affected by the worldwide economic downturn nor California’s continuing budget crises.

The Fitch Ratings news release is available at http://www.earthtimes.org/articles/show/fitch-affirms-montara-water-and,1002752.shtml