Standard&Poor's Ratings Services assigned its 'AA' long-term rating and stable outlook to North Mankato Port Authority Commission, Minn.'s series 2011A general obligation (GO) bonds and series 2011B taxable GO tax-increment revenue bonds, issued for North Mankato, Minn., and affirmed its 'AA' long-term rating and underlying rating (SPUR), with a stable outlook, on the city's and commission's existing GO debt. Standard&Poor's also affirmed its 'AA+' long-term rating on the city's GO debt, reflecting the city's participation in the Minnesota City Credit Enhancement program. The ratings reflect our opinion of the city's: Participation in the Mankato-North Mankato economic base, as well as its own economic base; Good-to-strong income and market value per capita indicators; Good management practices, coupled
