Standard&Poor's Ratings Services affirmed its 'AA/A-1+' rating on Colorado Springs, Colo.'s variable-rate demand utilities system improvement revenue bonds series 2008A due to the bank facility being extended to Sept. 10, 2010. The long-term component of the rating is based on the obligor. The short-term component of the rating is based on the rating on JPMorgan Chase Bank N.A. The stable outlook is based on the outlook of the obligor. USPF Criteria: "Bank Liquidity Facilities," June 22, 2007