NY -- Standard&Poor's CreditWire 10/3/97 -- Standard&Poor's today assigned its double-'A'-minus Standard&Poor's Underlying Rating (SPUR) to Hamilton County, Ohio's $107.45 million sewer system improvement revenue bonds series 1997A. The bonds are scheduled to sell Oct. 6, 1997. The rating reflects the following strengths: --Continued strong financial and operational performance, -- A stable regional economy anchored by the city of Cincinnati (rated double-'A'-plus), and --Competitive rates. Another factor also reflected in the rating is a sizeable $441 million five-year capital improvement plan (CIP) which will primarily address combined sewer overflows (CSO) and treatment plant upgrades. Bonds are secured by the net revenues of the sewer system. Proceeds will reimburse the district for previously funded capital
