Standard&Poor's Ratings Services has assigned its 'A+' long-term rating to Orange County, Fla.'s tourist development tax refunding bonds series 2009 and affirmed its 'A+' underlying rating (SPUR) on the county's outstanding tourist development revenue bonds. We have also assigned our 'A+' long-term rating to the county's outstanding 2002 tourist development tax revenue bonds, which were not previously rated, but are also on parity with the 2009 bonds. The 'A+' rating reflects our opinion of the county's: Fundamentally strong economic base, anchored by the city of Orlando, a major tourist destination; Good debt service coverage of future maximum annual debt service (MADS); Strong pledged revenue growth; and Adequate legal provisions. These credit strengths are offset, in our view, by
