Platte County faces new fallout from Zona Rosa bonds


Platte County faces new fallout from the Zona Rosa shopping center bonds, the subject of a lawsuit to resolve which party must pay for shortfalls.

Due to Platte County's failure to make a payment on the Zona Rosa bonds, Moody's on Thursday downgraded unrelated bonds that included the county's Neighborhood Improvement District bonds and the Special Obligation Refunding and Improvement Building bonds.

At issue is Zona Rosa's continued failure to generate enough sales tax revenue to retire bonds,…

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