AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the rating on the following certificates of participation (COP) issued by Indian Wells Valley Water District, CA (the district) at 'AA-': --$18.2 million in outstanding water revenue COPs series 2009. The Rating Outlook is Stable. SECURITY The COPs are secured by net water system (the system) revenues, including one-time connection fees. KEY RATING DRIVERS SOLID FINANCIAL PROFILE: The system's financial performance is exhibited by stron