Fitch Rates Mecklenburg County, North Carolina 2005B V-R GO Bonds 'AAA/F1'.

Publication: Business Wire

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COPYRIGHT 2005 Business Wire

NEW YORK -- Fitch Ratings assigns a rating of 'AAA/F1' to the $100,000,000 County of Mecklenburg, North Carolina variable-rate general obligation bonds, series 2005B. The long-term 'AAA' general obligation bond rating recognizes the strength of Mecklenburg County's economic and tax base, centered on the City of Charlotte, its large fund balance, exceptional financial management highlighted by thorough long-term planning, and manageable debt levels despite rapid growth in population and capital needs. Providing for future...

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