April 24, 2013 THE VILLADOM TIMES IV • Page 17 Area Moody’s, the global investors service, has informed the Northwest Bergen County Utilities Authority that it has upgraded the authority’s bond rating. The upgrade affects $5.9 million in outstanding debt that is scheduled to be retired shortly. In addition to direct written correspondence with NBCUA, Moody’s posted the rating boost from Aa3 to Aa2 on its public website. Moody’s indicated that the positive change is due in large measure to the “strong credit characteristics” of its participating service area municipalities, including Mahwah, Ramsey, Waldwick, Wyckoff, Allendale, Midland Park, Ho-Ho-Kus, and Ridgewood. In a letter to mayors and governing bodies, NBCUA Executive Director Howard Hurwitz noted the significance of the action and the basis for the upgrade “reflects the weighted average credit quality of the participating municipalities.” He explained that the bonds are secured by the full faith and credit of their participating municipalities and emphasized the credit rating for several of these municipalities. Hurwitz also pointed out that it is the credit worthiness of NBCUA’s member municipalities that makes it possible for the authority to finance capital projects at low interest rates, which benefits all parties involved. Moody’s gives NBCUA more favorable bond rating The NBCUA service area’s population of 75,000 represents eight percent of Bergen County, according to Moody’s. The service pointed to the area as a highly desirable location, which also gains benefits from proximity to The Mahwah Library, located at 100 Ridge Road in Mahwah, presents free movies on Thursdays at 1:30 p.m. Popcorn and a drink are provided. On May 2, the feature will be “Lincoln” (PG-13, 150 minutes). As the Civil War continues to rage, America’s president struggles with continuing carnage on the battlefield and fights to pass the Thirteenth Amendment to abolish slavery. The movie stars Daniel Day-Lewis, Sally Field, and David Strathairn. The May 9 feature will be “Parental Guidance” (PG, 105 minutes). Artie and Diane look after their three grandkids. Problems arise when the kids’ 21st century behavior collides with Artie and Diane’s old-school methods. The film stars Billy Crystal, Bette Midler, and Marisa Tomei. “The Impossible” (PG-13, 114 minutes) will be featured on May 16. This film is an account of one of the worst natu- employment centers, including the New York City metropolitan area. The authority’s system is reportedly in compliance with all state and federal regulatory requirements, Moody’s added. Mahwah Library hosts Movie Series ral catastrophes of our time, the tsunami in Thailand. The film stars Naomi Watts and Ewan McGregor. See “Hyde Park on Hudson” (R, 94 minutes) on May 25. The film involves the love affair between FDR and his distant cousin one weekend in 1939 when the King and Queen of the United Kingdom visited upstate New York. The film stars Bill Murray, Laura Linney, and Olivia Williams. A screening of “Silver Linings Playbook” (R, 122 minutes) is set for May 30. After a stint in a mental institution, former teacher Pat Solitano moves back in with his parents and tries to reconcile with his ex-wife. Things get more challenging when Pat meets Tiffany, a mysterious girl with problems of her own. The film stars Bradley Cooper, Jennifer Lawrence, and Robert DiNero, and is rated R for language and some sexual content and nudity. Call (201) 529-READ for program information.