(PR-inside.com) - In the course of routine surveillance, Fitch Ratings has upgraded the City of Boulder Central Area General Improvement District's (CAGID or district) approximately $19.1 million of outstanding general obligation bonds to 'A' from 'A-'. The bonds are secured by certain pledged revenues, including parking garage user fees; incremental property, sales, and accommodation taxes; street meters fees; and rental income. The bonds are additionally secured by a pledge of the CAGID's full faith and credit, consisting of an unlimited ad valorem tax on all taxable property within the district. The Rating Outlook is Stable. The rating upgrade to 'A' ..
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