NEW YORK (Standard&Poor's) Jan. 17, 2013--Standard&Poor's Ratings Services has assigned its 'A-' rating to the City of Austin, Texas's rental car special facility revenue bonds, taxable series 2013. The outlook is stable. With bond proceeds and other funds on hand, Austin will construct a 1.6 million square foot public parking and consolidated rental car facility behind an existing garage for Austin-Bergstrom International Airport (AUS). "In our view, AUS has a strong origin and destination market, with solid passenger traffic growth annually during the past 10 years to reach 4.7 million deplaned passengers in 2012," said Standard&Poor's credit analyst Peter Murphy. "In addition, we believe the airport's strong and growing service area benefits from a
