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Fitch Affirms Lee County, FL's Water Sewer Revs at 'AA'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA' rating on the following Lee County, Florida (the county) bonds: --$181.7 million water and sewer revenue bonds, series 2011, 2012A & B, and 2013A & B. The Rating Outlook is Stable. SECURITY The bonds are payable from a first lien pledge of the net revenues of the water and sewer system (the system), connection fees, and any special assessments. KEY RATING DRIVERS STRONG FINANCIAL TRENDS: The system's strong financial and cap

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