Eagle Tax-Exempt Trust, J series 20060094 class A certificates of participation, relating to Atlanta, Ga. water and wastewater revenue bonds series 2004, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until April 1, 2007. The stable outlook is based on the outlook of the insurance provider, FSA.