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Title:
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A bill for an ordinance authorizing the exercise of a purchase option under an existing lease purchase agreement, the approval and execution of an annually renewable Lease Purchase Agreement No. 2013A (Buell Theatre Property) between the Denver Public Facilities Leasing Trust 2013A, as lessor, and the City and County of Denver, as lessee, the execution of other documents related thereto; authorizing officials of the City and County of Denver to take all action necessary to carry out the transactions contemplated hereby; ratifying action previously taken and providing other matters relating thereto.
(GOVERNMENT & FINANCE) Authorizes the City to refund the 2003B Certificates of Participation that financed the Buell Theatre and Jail Dorm #20. Refunding Certificates of Participation (COPs) will be issued in a principal amount not to exceed $39,180,000, saving the City approximately $4,500,000 in interest costs and releasing the Jail Dorm #20 from the collateral for the 2003B COPs. Th...
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