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

Fitch Ratings has assigned a rating of 'AA-' to the following ad valorem tax bonds of Reedy Creek Improvement District, Florida : The bonds are scheduled for negotiated sale the week of Aug. 13. Proceeds of the series 2013A bonds will fund transportation projects that will provide additional parking, roadway improvements and traffic congestion ... (more)

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