Standard&Poor's Ratings Services affirmed its 'BBB+' underlying rating (SPUR) on Tarrant County Cultural Education Facilities Finance Corp., Texas' $33.94 million series 2009A fixed-rate hospital revenue bonds, $44.795 million series 2009B fixed-rate hospital revenue bonds, and $25.0 million series 2009C variable-rate hospital revenue bonds, issued for Hendrick Health System (HHS). Standard&Poor's also affirmed its 'AAA/A-1+' rating on HHS' series 2009C variable-rate bonds. Hendrick Health System consists of a 504-licensed-bed acute-care hospital located in Abilene, Texas, about 150 miles west of Fort Worth, Texas. The facility is the dominant community provider for Taylor County, and serves a total population of about 158,000 residents in its three-county primary service area. The rating is based on HHS': Strong business position
