Fire Crews Battle Blaze At Mt. Olivet Cemetery

Fire Crews Battle Blaze At Mt. Olivet Cemetery

  • Mt. Olivet Cemetery

    01/25/15 10:17:49 PM

    Breaking News: Fire Crews Battle Blaze At Mt. Olivet Cemetery  click here for more

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CODE YELLOW: Snow Accumulation Possible

Forecast calls for minor snow accumulation around Nashville (less than a 1/2-inch) but 1 inch is possible along the Tennessee-Kentucky border and up to 2 inches around the Plateau by Saturday morning.  A Winter Weather Advisory in effect for the Plateau beginning Friday at 9pm. 

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Nashville's Credit Rating Downgraded by Moody's

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NASHVILLE, Tenn. (AP) - Moody's Investors Service has downgraded Metropolitan Nashville's credit rating, citing the city's "above average debt burden," among other things.


The Tennessean reports Moody's announced late Monday that it has downgraded Metro's $2.2 billion in outstanding general obligation bonds from an AA1 rating to the next-highest level, AA2. Moody's indicated the AA2 rating is still strong.


Metro Finance Director Rich Riebeling said Nashville remains in a strong position and wouldn't be deterred from borrowing to finance projects such as a proposed bus rapid transit line. Riebeling said he is comfortable that Metro has the resources to pay off its debt.


Moody's also downgraded the Metro Sports Authority's outstanding debt from AA2 to AA3. That includes a $157 million and a $419 million series of Metro Convention Center Authority bonds.
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