DALLAS (Standard&Poor's) Jan. 14, 2011--Standard&Poor's Ratings Services said it assigned its 'AA+' long-term rating and stable outlook to New York City Municipal Water Finance Authority, N.Y.'s series 2011EE second-resolution water and sewer system bonds. We also affirmed the 'AAA' and 'AA+' long-term and underlying ratings (SPURs), with a stable outlook, on the authority's existing first- and second-resolution bonds, respectively. "The ratings on the first- and second-resolution bonds reflect our view of the credit strengths provided by the issuer's legal and structural features," said Standard&Poor's credit analyst Theodore Chapman. The stable outlook reflects Standard&Poor's expectation that the system's financial profile will remain commensurate with its rating. The bonds are being used to provide
