Standard & Poor’s has upgraded the City of Arden Hills general obligation bonds to AAA from AA+ for the first time in the City’s history. Arden Hills now shares this top rating by S&P with 22 other cities in the State and is the fifth smallest city in population to earn this S&P recognition.

A certificate of award was presented by Ehlers, the City’s financial advisors, at the June 25 regular City Council meeting.