Standard&Poor's Ratings Services has assigned its 'A-1' short-term rating to Los Angeles Harbor Department, Calif.'s commercial paper (CP) notes series 2012 subseries A-1, B-1, C-1, and D-1 and its 'A-1+' short-term rating to the subseries A-2, B-2, C-2, and D-2. The ratings are based on liquidity facilities (LFs) issued by the following banks: Mizuho Corporate Bank Ltd. (A-1) is providing coverage for subseries A-1, B-1, C-1, and D-1; and Wells Fargo Bank N.A. (A-1+) is providing coverage for subseries A-2, B-2, C-2, and D-2. The liquidity facilities are revocable and are subject to termination without notice to noteholders upon the occurrence of various events in the line of credit agreement (liquidity facility) that include, but are not limited