Fitch Ratings assigns an 'AA' rating to bank bonds corresponding to the $50 million Colorado Springs series 2010C variable rate demand utilities system improvement revenue bonds, scheduled to price Oct. 25, 2010.Today Fitch assigned a rating of 'AA/F1+' with a Stable Rating Outlook to the variable rate 2010C bonds. The 2010C bonds are supported by a standby bond purchase agreement with JPMorgan Chase Bank N.A., the liquidity facility provider. For more information on the rating of the 2010C bonds, please refer to Fitch's press release 'Fitch Rates Colorado Springs, CO $50MM VRD Utilities System Improvement Rev Bds Ser 2010C 'AA/F1+''.The
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