Standard&Poor's Ratings Services has assigned its 'A+' rating to the city of Minneapolis' series 2013-1 common bond fund limited-tax-supported development revenue bonds. We also affirmed our 'A+' rating on the city's outstanding limited-tax-supported development revenue bonds. The outlook is stable. The rating reflects the following characteristics: A strong enterprise risk profile, given that the pool has explicit support from Minneapolis to support debt service if needed (with a limit, as described below), but with geographic concentration because the bond program targets one metropolitan area; and A very strong financial risk profile, reflecting its loss coverage score, operating performance, and financial policies. Primarily securing debt service are loan repayments under the city's common bond fund, as well as pledged
