NEW YORK (Standard&Poor's) Sept. 30, 2011--Standard&Poor's Ratings Services today raised its rating on City of Jeffersonville, Ind.'s (the issuer's) variable-rate demand economic development revenue bonds series 2001 (for the Eagle Steel Products Inc. project) due Aug. 1, 2021, to 'A+/A-1' from 'BBB+/A-2'. The 'A+' long-term component of our rating is based on our long-term issuer credit rating on Bank of America N.A. (A+/A-1) and addresses full and timely payments of interest and principal when the bondholders have not exercised the put option. The 'A-1' short-term component of our rating is based on our short-term issuer credit rating on Bank of America N.A. and addresses full and timely payments of interest and principal payments when the bondholders