A letter dated July 9, 2018, notifying of the Department of Finance’s intent to issue City and County of Denver Dedicated Tax Revenue Bonds, Series 2018A-B in a par amount not to exceed $300,000,000 for the purpose of funding costs related to the development of the National Western Center and to pay costs of issuance.
Company attachment contains a more detailed description of the financing as required by section 2093 and B of the DRC. Sincerely, Brendan J. Hanlon, Manager of Finance. Dear Council President. In keeping with the provisions of Section 20, Dash 93 of the Denver Revised Mexico DRC, I'm hereby notifying you of the Department of Finances Intent to issue City and County of Denver Dedicated Tax Revenue Bond Series 2018 A through B in a paramount not to exceed $300 million for the purpose of funding costs related to the development of the National Western Center and to pay costs of issuance. The Series 2018 through B bonds will be issued as fixed rate obligations with final maturity not to exceed 30 years. The 2018 bonds will be special and limited obligations of the city, payable solely from and secured by a pledge of portions of the city's lenders. Tax prepared food and beverage tax and auto rental tax. The bonds are not general obligations of the city, nor are they payable in whole or in part from the proceeds of general property taxes. Nor is the full faith and credit of the city pledged to pay the bonds. The accompanying attachment each contains a more detailed description of the financing as required by section 20, dash 93 and B of the DRC. Sincerely, Brendan J. Hanlon, manager of Finance.