The rating on Colorado Springs, Colo.'s taxable variable-rate demand utility system, subordinate lien bonds, series 2002C, issued on behalf of Colorado Springs, was affirmed due to the bank facility being extended to Sept. 15, 2010. The long-term component of the rating is based on the obligor (Colorado Springs). The short-term component of the rating is based on State Street Bank and Trust Co., Boston. The stable outlook reflects that of its obligor.