From businesswire.com
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NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms the 'A+' rating on Fort Lauderdale, Florida's outstanding $2,870,000 sanitation revenue bonds, series 2000. The Rating Outlook is Stable. The bonds are secured by net revenues of the sanitation fund and carry a rate covenant and additional bonds test requiring debt service coverage of 1.35 times (x). The 'A+' rating reflects the high fund balances of the...
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