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Fitch Affirms Brook Park, OH LTGOs at 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the 'AA-' rating on the following city of Brook Park, Ohio (the city) bonds: -- $7.2 million limited tax general obligation (LTGO) various purpose improvement bonds, series 2004, 2011 and 2013; -- Implied unlimited tax GO bonds. The Rating Outlook is Stable. SECURITY The city has pledged its full faith and credit and its ad valorem tax subject to a 10-mill limitation. KEY RATING DRIVERS WEAK LOCAL ECONOMY: Despite recent signs of stability, the l

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