CENTENNIAL (S&P Global Ratings) Aug. 7, 2019--S&P Global Ratings assigned its 'A+' long-term rating to Utah Infrastructure Agency's (UIA) $7.505 million series 2019 West Point telecommunications, franchise, and sales tax revenue bonds. The outlook is stable. "The rating reflects the application of our priority-lien tax revenue debt criteria, published Oct. 22, 2018, on RatingsDirect, which factors in both the strength and stability of the pledged revenue, as well as the general credit quality of the municipality where taxes are distributed and collected," said S&P Global Ratings credit analyst David Mares. The rating further reflects our view of: The city's adequate economic base; Historically moderate-to-low volatility in nationwide taxes tied to public utilities for gas and electricity; The city's strong additional
