The city has received a Baa3 grade from Wall Street ratings agency Moody’s, meaning it’s an investment opportunity for the first time in a decade after being considered a credit risk, Mayor Marty Small Sr. said Monday. According to the Press of Atlantic City “We don’t need to borrow any money,” Small said. “But if the option came and we needed it, we’re in a good space. As we move forward this year, with a lot of development and more, the city is going to continue to be in the best position possible.”The city is now three steps away from an A rating.“Investor confidence is at an all-time high,” Small said.