BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact - S&P Global Ratings’ Credit Research

BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact

BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact - S&P Global Ratings’ Credit Research
BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact
Published Jul 15, 2005
Published Jul 15, 2005
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Abstract:

NEW YORK (Standard&Poor's) July 15, 2005--Standard&Poor's Ratings Services has learned that tolls on the Mid-Bay Bridge Authority (rated 'A-/Stable') were reinstated at 5:30 a.m. on July 14, 2005, after initial recovery efforts were completed. Tolls were suspended on July 8 at approximately noon to evacuate Destin and South Walton County, Fla., due to Hurricane Dennis, which struck on July 10 near Pensacola. No damage to the bridge or toll facilities resulted from the storm. The brief toll suspension is not expected to have an adverse impact on the authority's 'A-/Stable' rating. The Destin area was impacted, but the damage was not nearly as severe as that from Hurricane Ivan in 2004. In contrast, tolls on the

  
Report Type:

Bulletin

Issuer
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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact" Jul 15, 2005. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Mid-Bay-Bridge-Authority-FL-Tolls-Reinstated-July-14-After-Hurricane-Dennis-Impact-451768>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Mid-Bay Bridge Authority, FL Tolls Reinstated July 14 After Hurricane Dennis Impact Jul 15, 2005. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Mid-Bay-Bridge-Authority-FL-Tolls-Reinstated-July-14-After-Hurricane-Dennis-Impact-451768>
  
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