Fitch Rates Reedy Creek Improvement District's (FL) Ad Valorem Tax Bonds 'AA-'; Outlook Stable

The bonds are scheduled for sale on a negotiated basis on April 8. Proceeds will be used to refund portions of outstanding series 2005A and series 2005B bonds for debt service savings. The ad valorem tax bonds are payable from a levy of a direct annual tax on all taxable property within the district, not to exceed 30 mills.

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