BRADENTON, Fla. - Standard & Poor's lowered its ratings on Hillview, Ky.'s 2010 general obligation refunding bonds to A-minus from A in part because the city of 7,700 residents is appealing an $11.4 million jury award.

S&P said its negative outlook on the bonds reflects its opinion of the pending appeal, "which could result in a large contingent liability of approximately five times the city's normal operating budget."

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