Fitch rates Union County, N.J., bonds AAA

Fitch Ratings said it assigned an AAA rating to Union County, N.J.'s $105 million of general obligation bonds of 2008.

The bonds consist of $83,726,000 of general improvement bonds, $15,599,000 of county vocation-technical school bonds and $5,575,000 of county college bonds. They are scheduled to price by competitive sale on Feb. 20.

Fitch also said it affirmed its AAA rating on $210,125,000 of G.O. bonds, $28.18 million of county-guaranteed county improvement authority bonds and $67,028,000 of county-guaranteed authority solid waste bonds.

The outlook is stable.

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