AUSTIN--(BUSINESS WIRE)--Fitch Ratings affirms its 'AA' rating on the following San Elijo Joint Powers Authority, California (the JPA) bonds: --$6.8 million refunding revenue bonds (San Elijo Water Reclamation Facility), series 2011. The Rating Outlook is Stable SECURITY The bonds are payable from loan installments made by the JPA's members (i.e. the cities of Solana Beach and Encinitas) to the trustee. Each member's obligation to pay installment payments is a first and prior lien on and pledge