BONDED: Best known on the financial pages...
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BONDED: Best known on the financial pages as the home of the ill-fated Lincoln Savings & Loan, Irvine now has some better news for Wall Street. . . . Moody’s Investor Service, which rates the ability of cities to repay bonds, has boosted Irvine’s rating from A to AA. The rating, says Fred Lacy, vice president of Cruttenden & Co., is a key indicator of “the relative health of the community” and means lower interest payments on city bonds, saving taxpayers money. . . . Anaheim, Huntington Beach and Costa Mesa also are rated AA.
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