NEW YORK - Moody's Investors Service has assigned an A1 rating to the city of Portland, Ore.'s River District urban renewal and redevelopment bonds, 2012 Series A through C in the combined amounts of $73.7 million.

At this time, Moody's also upgrades to A1 from A2 the River District urban renewal project area's parity debt outstanding in the amount of $9.2 million, post-refunding.

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