NEW YORK (Standard&Poor's) Dec. 1, 2010--Standard&Poor's Ratings Services has assigned its 'AA' rating to City of Colorado Springs, Colo.'s utilities system revenue bonds, series 2010D. Standard&Poor's also affirmed the 'AA' long-term rating on Colorado Springs Utilities' (CSU) parity debt outstanding. The outlook is stable. With these bonds, debt outstanding will total about $2.3 billion. "The 'AA' long-term rating reflects what we consider to be strong financial management, competitive rates in each of its four utility systems, a diverse mixture of resources in its electric system, and a stable regional economic base," said Standard&Poor's credit analyst Judith Waite. The bonds will be fixed-rate and are secured by a pledge of net revenues of
