DALLAS (Standard&Poor's) June 15, 2012--Standard&Poor's Ratings Services said today it assigned its 'AA+' long-term rating and stable outlook to New York City Municipal Water Finance Authority's (NYCMWFA) fiscal 2012 series 2012 FF and GG second general resolution water and sewer system revenue bonds. We also affirmed the 'AA+' long-term and underlying ratings (SPURs), with a stable outlook, on the authority's existing second-resolution bonds. Bond proceeds will be used primarily to fund approved projects, as well as to convert $200 million of commercial paper notes to long-term debt, and subject to market conditions, to refund the authority's series 2003A, 2004C, and 2005B first-resolution bonds for savings purposes. New York City Municipal Water Finance Authority has about $8.8
