Standard&Poor's Ratings Services affirmed its 'AAA' rating on Seattle Indian Services Commission (SISC), Wash.'s bonds. The outlook is stable. The rating is based on Seattle's unconditional obligation to the bonds. Pursuant to the cooperation agreement between the city and the SISC, if the amount of funds in the SISC debt service account and the reserve account falls below the debt service requirement for the bonds at the beginning of a given month prior to a debt service payment date, the city is obligated to make the necessary payments on behalf of the commission and to restore the debt service account to the necessary level prior to the next debt service payment date. In addition, the city will restore
