Chances of rain still on track for this weekend. Rain ounts on this systemem main in question and well continue to monitor this system as we get closer to the weekend. Coralvilles big debt and what to do about it will coralvilles big debt and what to do about it will be a big topic at Tonights City Council meeting. On december 9th, moodys investors servicic downgraded the citys bond rating. Thats generally seen as a negative reflection of the citys finances and can make it harder for coralville to borrow money the bond rating dropped to the owest rating of Investment Grade on moodys scale. The company rated coralville this way because of its high debt and liabilities. Liabilities include things like ownership of a hotel and performance center. Coralville has about 267Million Dollars in debt. In iowa, only cedar rapids and des moines both much larger cities have more debt. The rating will have little impact on residents. They say they expect to see the city continue to grow. While coral