NEW YORK (Standard&Poor's) Aug. 5, 2009--Standard&Poor's Ratings Services has assigned its 'AA' long-term rating to City of Colorado Springs, Colo.'s utilities system revenue and refunding bonds, series 2009A, B, and D. The bonds will be fixed-rate and are secured by a pledge of net revenues of Colorado Springs Utilities' electric, gas, water, wastewater, and streetlight systems. Standard&Poor's also affirmed its 'AA' long-term and underlying ratings on Colorado Springs Utilities' parity debt outstanding. The outlook is stable. After the issuance of these bonds, outstanding debt will total $1.7 billion. "We believe the 'AA' rating reflects strong financial management, competitive rates in each of its fourutility systems, and a stable regional economic base," said Standard&
