Fitch U.S. Muni Surveillance: Various Municipal Credits Affirmed

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Tue Jul 22, 2008 3:10pm EDT

NEW YORK--(Business Wire)--
In the course of routine surveillance, Fitch Ratings has affirmed
the following ratings

   Davie (Florida)

   --$38.9 million of outstanding unlimited tax general obligation
(UTGO) bonds at 'A';

   --$24.2 million of outstanding limited tax general obligation
(LTGO) bonds at 'A';

   The Rating Outlook for all bonds is Stable.

   Harbor Springs (Michigan)

   --$975,000 in outstanding Building Authority LTGO bonds at 'A+';

   --$310,000 in LTGO refunding bonds at 'A+';

   The Rating Outlook for all bonds is Stable.

   Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
New York:
Eric Kim, +1-212-908-0527
(for both Davie, FL and Harbor Springs, MI)
Christopher Hessenthaler, +1-212-908-0773
(for Davie, FL)
Chicago:
James Hutcherson, +1-312-606-2313
(for Harbor Springs, MI)
Sandro Scenga, +1-212-908-0278
(Media Relations, New York)

Copyright Business Wire 2008
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