BRADENTON, Fla. — A federal bankruptcy judge in Tampa on Monday issued a final ruling in a developer’s Chapter 11 filing that could have a chilling effect on owners of Florida community development district bonds, observers said.

Judge K. Rodney May confirmed the reorganization plan proposed by Naples.-based Fiddler’s Creek LLC, which includes Fiddler’s Creek Community Development Districts 1 and 2 as creditors.

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