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A letter dated September 9, 2013, from Cary Kennedy, Manager of Finance, in keeping with the provisions of Section 20-93 of the Denver Revised Municipal Code, of the Department of Finance’s intent to refund a certificates of participation lease purchase transaction in a par amount not to exceed $39.18 million to achieve the debt administration objectives of 1) providing interest cost savings, and 2) enabling the release of certain assets currently used as collateral under the existing transaction.
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