Standard&Poor's Ratings Services revised its preliminary 'AApr' rating on Illinois Finance Authority's series 2003 VA Enhanced-Use Energy Project North Chicago bonds, by removing its preliminary (pr) designation, following the issuance of the certificate of acceptance on Jan. 19, 2005 marking the substantial completion of the project. These bonds are payable from appropriations made by the U.S. Department of Veterans Affairs (the VA) under an enhanced-use lease and an energy services contract, and set in an amount that will provide for the timely debt service payments due on the bonds. These payments did not begin until a certificate of acceptance by the VA had been issued, recognizing the substantial completion of the project The stable outlook reflects the expectation
