NEW YORK (S&P Global Ratings) March 17, 2021--S&P Global Ratings assigned its 'AA-' long-term rating to Land Clearance for Redevelopment Authority (LCRA), Mo.'s $29.030 million series 2021 annual appropriation revenue bonds (Enterprise Center project), backed by contractual payments of the state of Missouri. The outlook is stable. We rate the series 2021 bonds three notches lower than Missouri's general creditworthiness based on the application of S&P Global Ratings' "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness" criteria (published Nov. 20, 2019). "We view the differences of the unique and non-standard credit structure of these bonds and exposure to additional political or administrative risks that could disrupt the timely payment of the bonds as comparatively weak relative to the
