CHICAGO (Standard&Poor's) Sept. 8, 2014--Standard&Poor's Ratings Services raised its long-term rating to 'AA-' from 'A+' on Jeffersonville Building Corp. , Ind.'s series 2006A-C first mortgage bonds, issued for Jeffersonville, based on its local GO criteria released Sept. 12, 2013. At the same time, we raised our long-term rating to 'AA-' from 'A+' on Jeffersonville Redevelopment Authority's series 2004 and 2009 lease rental bonds, also issued for the city. "The stable outlook on the ratings reflects our expectation that the city will maintain very strong budgetary flexibility and at least adequate budgetary performance," said Standard&Poor's credit analyst Scott Nees. The series 2004 and 2009 bonds are secured by lease rental payments made by the Jeffersonville
