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Fitch Affirms Centennial Authority, NC's Special Tax Revs at 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the following rating on Centennial Authority, North Carolina (the authority): --$26.9 million revenue refunding bonds, series 2009 at 'AA-'. The Rating Outlook is Stable. SECURITY The bonds are limited obligations of the authority, payable solely from and secured by a pledge of and lien on the authority's receipt of a portion of the 6% room occupancy tax and the 1% prepared food and beverage tax (collectively, the special taxes) levied by Wake Co

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