Standard&Poor's Ratings Services assigned its 'AA' long-term rating, with a stable outlook, to the City of Tacoma, Wash.'s taxable limited-tax general obligation (GO) bonds series 2009A, B (taxable recovery zone economic development bonds), C (recovery zone facility bonds), D, E, and F. In addition, Standard&Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR) on the city's outstanding GO debt. The rating reflects our opinion of the city's: Economic base that serves as a hub of the Seattle regional economy and is locally anchored by defense and trade activities; Good financial policies and practices, including a formal reserves policy; and Maintenance of at least strong available reserves during the past five years. We understand that proceeds
