ASPEN AND CARBONDALE — The people who rate and invest in local government bonds are bullish on the Roaring Fork Valley’s economy despite the recession.The Roaring Fork Transportation Authority received a AA- rating on $27.5 million bonds it sold Thursday. That is a strong rating that was a four-notch upgrade from bonds sold by the agency in 2005, according to Dan O’Connell of RBC Capital Markets, an investment bank which helped RFTA market the bonds.“With the economy as it is, it’s been difficult to sell bonds,” …That reflects long-term confidence in the valley’s economy.
By Scott Condon, July 11, 2009, Aspen Times

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