Standard&Poor's Ratings Services assigned its 'AAA' rating to Maricopa County Industrial Development Authority, Ariz.'s bonds based on the deposit of U.S. state and local government securities that will mature in an amount and in time for scheduled payments on the bonds. All except $100,000 of the issue will be redeemed on the first call date of July 1, 2008. The remaining $100,000 will be redeemed on the maturity debt of July 1, 2018. This is a legal defeasance and the trust indenture has been discharged.