The Indianola City Council approved bond issuances for several city projects at their most recent meeting, including the Downtown Streetscape Project and a new fire truck for the Indianola Fire Department. City Manager Ryan Waller tells KNIA News the city received a less than 1% interest rate, which is due to the hard work by council and staff to keep the city in a good financial position.

“Because of our financial policies and the stewardship exhibited by council and staff in adhering to those policies. As our financial advisor said during the council meeting, these were comments directly identified by the rating agency, this was put directly in their scorecard for the city. We are triple-A which is the absolute highest we can get, and our overall bond rating is AA-2, so great news for our community and we are very excited about this project.”

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https://www.kniakrls.com/2020/11/18/lets-talk-indianola-ryan-waller-12/