Fitch Rates Garland, Texas' Water and Sewer Bank Note 'AA'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA' rating to the bank notes corresponding to the city of Garland, Texas (the city) water and sewer commercial paper notes as follows: --Approximately $90 million series 2015. In addition, Fitch affirms the 'AA' rating on the following outstanding bonds: -- $108.8 million water and sewer system revenue bonds series 2007, 2008, 2009, 2010, 2011, 2011A, and 2012 at 'AA'; --$28.9 million water and sewer system revenue refunding and imp

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