WASHINGTON, D.C. (Standard&Poor's CreditWire) Oct. 30, 2000-- Standard&Poor's today assigned its double-'A' rating to Watertown, Mass.' $6.94 million GO bonds due Nov. 15, 2017. The bonds are scheduled to sell Oct. 31, 2000. The outlook is stable. In addition, Standard&Poor's raised its rating on the town's $1.12 million GO bonds series 1988 and 1998 and $8.06 million GO bonds series 1997 due Aug. 15, 2001-2017, to double-'A' from double-'A'-minus. The rating upgrade reflects the potential for continued significant tax base growth, economic diversification, and strong financial operations and position. Other rating factors include: -- The town's prime location among Boston's inner-ring cities, with easy access to the downtown area; -- A trend of strong
