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City Receives Second Highest Bond Rating Possible <br />•S&P affirmed City’s water enterprise AA <br />Bond Rating with a Stable Outlook on <br />August 16 <br />•City’s water enterprise also has an <br />existing Aa2 bond rating from Moody’s <br />Investor Services <br />•Reflects City’s financial strength and <br />strong management practices, making <br />bonds attractive to investors <br />6 of 13