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Fitch Ratings give Sebastian ‘A+’ on stormwater and sales tax revs

May 23rd, 2007

According to Buisness Wire, “Fitch Ratings upgrades the city of Sebastian, Florida’s $5.1 million outstanding stormwater revenue bonds, series 2003 to ‘A+’ from ‘A’. In addition, Fitch affirms the ‘A+’ rating on $9.9 million in outstanding infrastructure sales surtax revenue bonds. The Rating Outlook is Stable for both ratings.” Read more here


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