By Jean Falbo-Sosnovich
Register Correspondent
ANSONIA — The city recently received an upgrade to its bond rating, which city officials said is unusual in this tough economy.
Mayor James Della Volpe announced that the city’s A1 bond rating was upgraded to AA3 by Moody’s Investors Services. The AA3 rating means the city has a “very strong capacity” to meet its financial commitments, and only slightly differs from the highest rating a municipality can achieve, which is AAA.
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