The MARTA Board has approved a resolution to refund $250 million of its Series 2009A bonds, saving the Authority $41.6 million in future interest costs or 16.6 percent. MARTA’s average interest savings is anticipated to reach $2.7 million per year. The new Series 2017C bonds, issued by Bank of America Merrill Lynch, reduced the average fixed bond interest rate from 5 percent to 3.4 percent. Over the last five years, MARTA’s improving financial condition resulted in bond ratings of AA+ from S&P and Aa2 from Moody’s.
A candidate forum for Atlanta City Council District 6 has been announced for Sept. 19, 7 p.m., at Rock Springs Presbyterian Church, 1824 Piedmont Road NE. Morningside Lenox Park Association (MLPA), Piedmont Heights Civic Association (PHCA), and Virginia Highland Civic Association (VHCA) are inviting all District 6 residents to hear from the candidates for the seat currently occupied by Alex Wan. Wan will vacate the position after the November election where he is running for City Council President.
The City of Atlanta Municipal Court has launched a new version of court.atlantaga.gov. The new homepage allows users to easily navigate court-related resources, including online payment of citations, the ability to search for pending cases and courtroom schedules.