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Fitch U.S. Muni Surveillance: Various Municipal Credits Affirmed.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- In the course of routine surveillance, Fitch Ratings has affirmed the following ratings

Davie (Florida)

--$38.9 million of outstanding unlimited tax general obligation (UTGO utgo (ōōt·gōˑ),
n a Seneca term used to describe a malevolent force.
) bonds at 'A';

--$24.2 million of outstanding limited tax general obligation (LTGO LTGO Limited Tax General Obligation ) bonds at 'A';

The Rating Outlook for all bonds is Stable.

Harbor Springs (Michigan)

--$975,000 in outstanding Building Authority LTGO bonds at 'A+';

--$310,000 in LTGO refunding bonds at 'A+';

The Rating Outlook for all bonds is Stable.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
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Publication:Business Wire
Date:Jul 22, 2008
Words:143
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