Standard&Poor's Ratings Services affirmed its 'AA-/A-1+' rating on Irvine, Calif. Assessment District Number 94-15's bonds due to the bank facility being extended to Aug. 18, 2012. The long-term and short-term components of the rating are based on State Street Bank and Trust Co., Boston, Mass. USPF Criteria: "LOC-Backed Municipal Debt," July 2, 2007