Fitch Rates Jacksonville, FL’s Special Rev Bonds ‘AA’; Various Sales Tax Downgraded; Outlook Neg

NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA’ rating to the following Jacksonville, Florida special revenue bonds: –$80,190,000 series 2010B-1; –$35,640,000 taxable series 2010B-2 (direct payment Build America Bonds). The Rating Outlook is Stable. The bonds are scheduled to sell via negotiation on Aug. 25, 2010. In addition, Fitch affirms the following ratings with a Stable Outlook …