SAN FRANCISCO (Standard&Poor's CreditWire) Aug. 31, 2000--Standard&Poor's today assigned its 'A-1'-plus rating to Tacoma, Wash.'s $21.5 million tax-exempt revenue BANs commercial paper series 2000-1A and $18.5 million tax-exempt limited-tax GO BANs commercial paper series 2000-1B. The notes are scheduled to sell Sept. 19, 2000. The rating is based on a direct pay LOC provided by Bank of America, N.A. ('A-1'-plus short-term rating). The LOC expires on Dec. 31, 2005, 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 finance the construction of a parking facility in downtown Tacoma, Standard&Poor's said. -- CreditWire
