The Pittsburgh City Council is scheduled to vote Tuesday on a sale of $125 million in general obligation bonds. Officials say it’s the city’s largest bond ever, and the first new debt issued under Mayor Luke Ravenstahl.

The vote for $80 million of Series B new money and $45 million of Series A refunding bonds will come less than a week after Moody’s Investors Service and Standard & Poor’s revised their outlooks on Pittsburgh’s general obligation bonds to stable.

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