CHICAGO (Standard&Poor's) July 9, 2004—Standard&Poor's Ratings Services' has assigned its 'AA+' rating to Polk County, Iowa's $3.77 million general obligation bonds series 2004 and $4.705 million general obligation capital loan notes series 2004A-2004C, reflecting the county's participation in the strong and diverse Des Moines, Iowa metropolitan statistical area economy. The bonds and notes are scheduled to sell on July 13. The outlook is stable. At the same time, the rating agency affirmed its 'AA+' standard long-term rating and Standard&Poor's underlying rating (SPUR) on the county's outstanding debt and its 'A+' standard long-term rating on Polk County Health Services Inc.'s outstanding debt. The rating also reflects consistently strong financial performance and moderate overall net debt
