NEW YORK (Standard&Poor's CreditWire) Jan. 21, 2000--Standard&Poor's today assigned its triple-`B'-minus rating to Louisiana Local Government Environmental Facilities and Community Development Authority's $1.4 million revenue bonds series 2000A and $4.2 million revenue and refunding bonds series 2000B, both issued for the St. Bernard Port Harbor and Terminal District. The bonds are scheduled to sell Jan. 29, 2000. The outlook is stable. The rating reflects the following risks: -- Dependence on revenues derived from relatively short-term facility leases of five years or less, mitigated in part by the port's success to date in renewing such leases; -- Concentration of existing leases, as the top four generate 75% of fiscal 2000 pro forma lease revenues and approximately 50%
