Moody's Investors Service has assigned a Baa2 rating to Parkside at Mayfield Ranch Municipal Utility District, Texas's $4.45 million unlimited tax bonds, Series 2013A, and upgraded to Baa2 from Baa3 the underlying rating on the district's $7.4 million in outstanding parity debt.

Proceeds from the sale will be used to pay for the district's water, wastewater, and drainage facilities in various sections of the district.

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