Standard&Poor's Ratings Services confirmed its 'AAA/A-1' long-term ratings on Mississippi Development Bank's (Harrison County) series 2010B variable-rate refunding bonds, relating to Harrison County's Coliseum and Convention Center refunding bonds; and series 2008 A-1, A-2, and B special obligation variable-rate demand refunding bonds, due to the bank facility being extended to Oct. 31, 2013. The long-term rating component is based jointly (assuming low correlation) on the ratings on the obligor, Harrison County, and the letter of credit provider, Bank of America N.A. The short-term rating component is based solely on the rating on the letter of credit provider, Bank of America N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 USPF Criteria: Municipal
