Moodys Investors Service has assigned an A1 long-term rating to the Borough of Point Pleasant (NJ) $19.87 million General Obligation Bonds, Series 2010, consisting of $14.89 million of General Improvement Bonds and $4.980 million of Water-Sewer Utility Bonds. The A1 rating reflects the Boroughs stable financial position, large and growing tax base, average socioeconomic indicators, and low debt burden. CUSIP Identification numbers may be applied for with respect to combined series of the Bonds.
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