Standard&Poor's Ratings Services assigned its 'AA-/A-1+' rating on Atlanta, Ga's subordinate lien tax allocation variable-rate bonds (Westside Project) series 2008. The rating is based on a direct-pay letter of credit (LOC) provided by Wachovia Bank N.A. (AA-/A-1+). The LOC provides coverage for payment of principal and interest on the bonds, including unremarketed tendered bonds, for a maximum of 45 days' coverage. The scheduled expiration date of the LOC is Dec. 20, 2010. The initial LOC will provide coverage for the bonds bearing interest in the weekly mode. However, the bonds can also bear interest in the short-term period at the quarterly, semiannual, long-term, and commercial paper modes. While in the weekly, monthly, quarterly, and semiannual modes, the bondholders
