The City of Sioux Falls is pleased to announce that yesterday, July 7, 2009, the City sold $20,590,000 in sales tax revenue bonds with an interest rate of 4.13 percent.

These are the Quality of Life II Bonds that will fund the following: zoo improvements, west side library, river greenway improvements, and the youth sports complex which will host the South Dakota Junior Football program.

The results of the sale and a Moody’s Bond Rating are provided with this press release.