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UV Business News – Bond Rating of Palmdale Water District Evaluated

Fitch Ratings evaluates the bonds raising funds for Palmdale Water District water revenue bonds. Construction of Pure Water Antelope Valley project will include “micro-filtration filters, reverse osmosis and ultraviolet light with advanced oxidation.” The ‘A+’ water revenue bond rating along with the ‘A+’ IDR reflect the district’s ‘Strong’ financial profile within the framework of ‘Strong’ revenue…

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