SAN FRANCISCO (Standard&Poor's CreditWire) April 4, 2001--Standard&Poor's has assigned its 'A-1'-plus rating to Tacoma, Wash.'s $100 million electric system subordinated lien revenue anticipation notes series 2001. The notes are scheduled to sell on April 5, 2001. The rating is based on a direct pay letter of credit (LOC) provided by Bank of America, N.A. ('A-1'-plus short term). The LOC expires on August 31, 2003 and purchases all notes upon maturity. Notes have terms no longer than 270 days and are not subject to redemption prior to maturity. Proceeds of the issue will provide flexibility to the city of Tacoma in providing interim financing for the cost of purchasing power for the municipal electric system, Standard&
