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Fitch Affirms Coronado CDA, CA's TABs at 'A+'; Outlook Stable

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SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings affirms the following Coronado Community Development Agency, California's (the agency) tax allocation bonds (TABs) at 'A+': --$110.2 million series 1996, 2000, 2003, 2005, and 2006; --$9.2 million housing TABs, series 2003. The Rating Outlook is Stable. SECURITY The non-housing portion of the TABs are secured by 80% of the tax increment received by the agency, while the housing portion of the TABs are secured by housing set-aside revenues of 20%. Th

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