CHICAGO -- Standard & Poor's Corp. on Friday affirmed ratings for debt issued by the city and township of Ypsilanti, Mich., and removed the ratings from CreditWatch, where they were placed with negative implications following the announced closing of an automotive plant there.

The agency affirmed the A rating on $850,000 of Ypsilanti Township Building Authority unlimited tax general obligation debt, the A-minus rating on the authority's $690,000 of limited tax GO debt, and the BBB-plus rating on $1.7 million of Ypsilanti Community Utilities Authority debt.

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