Laserfiche WebLink
Jeffrey Beaver <br />IJL Wachovia Socmitiea <br /> <br />Leron Carlson <br />W'dliam R. Hough & Co. <br /> <br />Clyde Eldridge <br />Edgar Norris & Co, <br /> <br />Robot <br />NC ~te T~sur~'s Office <br /> <br />Thotma Kepley, ,Ir. <br />K~l~y & Company <br /> <br />Ke~ae&/_~nozyk <br />Bane of America Securitie~ <br /> <br />William Marshall <br />Firs~ Win~on Se~riti~ <br /> <br />Rebut Millikm <br />BB&T Capital Mark~s <br /> <br />Th~ Mc.N~ir Law Finn <br /> <br />Jonathan P~eler <br />J L*e Pe~A~fMorgan Keegan <br /> <br />Alex Walla~ <br />First Union National Bank <br /> <br />Tony Walton <br />First Citizens Bank & Tmzt Co. <br /> <br />Tony Bhlock, Preslde~ <br /> Carolin~ Munidpal <br /> Advisory Council <br /> <br />John Blac~well, Jr., Vlc~ President <br /> Carolinas Munidpa! <br /> Advisory Council <br /> <br />North Carolina Municipal Council <br /> A Division of the <br /> Carolinas Municipal Advisory Council <br /> Incorporated in 1932 <br /> <br />December 1, 2000 <br /> <br />Mr. Blair Bennett <br />Finance Director - Cabarras County <br />Box 707 <br />Concord, NC 28025 <br /> <br />Dear Blair: <br /> <br /> We are pleased to forward the new Municipal Council Report and <br />Rating on Cabarrus County for your records. <br /> <br />As you will notice, we have increased our rating on the County to 88 <br />(from 87), which is comparable to an upper "Double .4" rating (Aal/A~t+) <br />from the national rating agencies. The increase and current rating level <br />result from the continued strong growth in the local economy as exhibited <br />by population, assessed valuation, retail sales and per capita income. <br />Additionally, the County's operating surpluses, cash position and <br />unreserved/undesignated fund balances demonstrate strong financial <br />management. <br /> <br /> }Ye appreciate your providing the necessary information for our <br />review. Should you have any questions about the Report or the rating, <br />please do not hesitate to call us. <br /> <br />Sincerely, <br />President <br /> <br />TLB:eyb <br /> <br />Enclosure <br /> <br /> 225 Tryon Road <br />Phone - 919-661-94 77 <br /> <br />Suite 200 <br /> <br />Raleigh, NC 27603 <br /> <br /> Facsimile- 919-661-9544 <br /> <br /> <br />