By Brian Hews
NEW YORK — As if the Central Basin Municipal Water District hasn’t had enough problems during the past several months.
Last Friday Moody’s Investors Service downgraded the public agency to Aa3 from Aa2.
The rating to Central Basin Municipal Water District Certificates of Participation, including the Refunding Revenue Certificates of Participation, Series 2010A; and Adjustable Rate Refunding Certificates of Participation (2007 Project), Series 2008B (LOC) both totaling approximately $53.0 million, according to Moody’s.
The COPs are ultimately secured by a senior lien on net revenues of the district, on parity with the district’s swap payments.
Moody’s claim in their new report that Central Basin Water District’s how has “a negative outlook.”
The agency is a focal point of a massive criminal probe by the Federal Bureau of Investigation during the past several weeks, as reported extensively by Hews Media Group-Community News.
Related articles
Subscribe to get the latest posts sent to your email.
© 2013, ↑ Los Cerritos Community News
Session expired
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.
Subscribe now to keep reading and get access to the full archive.
To say that “Central Basin has a negative outlook” is an understatement. James Roybal has proved to possibly be one of the worst publically elected officials in history, and yes that’s quite a claim. Once everything plays out, I believe Roybal will fall back on his alcoholism as an excuse for his misdeeds. This guy is bad news.
GOOACC - GRC-33 240PCS Bumper Retainer Clips Car Plastic Rivets Fasteners Push Retainer Kit Most Popular Sizes Auto Push Pin Rivets Set -Door Trim Panel Fender Clips for GM Ford Toyota Honda Chrysler
$12.14 (as of May 3, 2025 06:28 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
OUTXE Cup Holder for Stanley 30oz 40oz Compatible with Bogg Bag
$9.99 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Google Nest Wi-Fi Video Smart Doorbell Camera (Battery Operated) - White (Renewed)
$84.99 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Apple iPad 11-inch: A16 chip, 11-inch Model, Liquid Retina Display, 128GB, Wi-Fi 6, 12MP Front/12MP Back Camera, Touch ID, All-Day Battery Life — Silver
$299.00 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Apple 2025 MacBook Air 13-inch Laptop with M4 chip: Built for Apple Intelligence, 13.6-inch Liquid Retina Display, 16GB Unified Memory, 256GB SSD Storage, 12MP Center Stage Camera, Touch ID; Midnight
$849.00 (as of May 3, 2025 06:28 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
WENHUI Funny Trump Mothers Day Card from Daughter, Son or kids, Hilarious & Heartfelt Message, Premium Quality Greeting Card for Mom, Grandmother or Wife, Ideal for Happy Birthday & Mother's Day Gift
$5.99 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Amazon Basics Cotton Swabs, 500 Count
$2.88 (as of May 3, 2025 06:28 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
TP-Link AX1800 WiFi 6 Router V4 (Archer AX21) – Dual Band Wireless Internet, Gigabit, Easy Mesh, Works with Alexa - A Certified for Humans Device
$59.99 (as of May 3, 2025 06:28 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Beats Powerbeats Pro 2 Wireless Bluetooth Earbuds - Noise Cancelling, Heart Rate Monitor, IPX4, Up to 45H Battery & Charging Case, Works with Apple & Android - Hyper Purple (Renewed)
$200.00 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
SMUG Countertop Ice Maker, 9 Cubes in 6 Mins, 26lbs in 24Hrs, 2 Sizes of Bullet Ice, Auto-Cleaning, Portable Ice Machine with Handle, Basket and Scoop for Home Kitchen, Party, Camping(Classic Black)
$49.97 (as of May 3, 2025 17:24 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)