NEW YORK (Standard&Poor's) March 30, 2010--Standard&Poor's Ratings Services corrected and raised its long-term rating and underlying rating (SPUR) on Trinity River Authority, Texas' series 2003A revenue bonds, issued for Ten Mile Creek, due Aug. 1, 2010, to 'AA-' from 'A+'. The outlook is stable. The long-term rating and SPUR on the series 2003A bonds are based on the rating on Trinity River Authority's debt outstanding, issued for Ten Mile Creek (AA-/Stable). The series 2003A bonds are insured by National Public Finance Guarantee Corp. (A/Developing). According to Standard&Poor's criteria, the rating on a fully credit-enhanced bond issuance is the higher of the rating on the credit enhancer and the SPUR on the bonds. On Nov.
