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Byline: Noam Levey
Mar. 8--San Jose taxpayers will save millions of dollars on voter-approved bonds for new parks and libraries as three Wall Street firms raised the city's credit rating, giving it the best grade among California's 10 largest cities.
Standard & Poor's announced Wednesday it is assigning the city a AAplus rating, one notch below the highest rating it hands out. Both Moody's and Fitch also raised San Jose's credit rating to an equivalent level.
Because a higher credit rating means less interest, San Jose taxpayers should save an estimated $6.8 million as the city sells bonds to pay for a long list of neighborhood projects approved by …