Fitch Affirms Jacksonville, FL's Capital Project Revs at 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' ratings on the following obligations of the city of Jacksonville, Florida: --$115.75 million capital project revenue bonds series 2008A and 2008B. The Rating Outlook is Stable. SECURITY The capital project revenue bonds are backed by an annual contribution paid to the city from the Jacksonville Electric Authority (JEA) from revenue remaining after satisfying all payment obligations of the electric system and water and sewer system

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