Fitch Rates Boulder County, Colorado's Special Assessment Bonds 'A+'; Outlook Stable

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    • Jan 2009
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    Fitch Rates Boulder County, Colorado's Special Assessment Bonds 'A+'; Outlook Stable

    Fitch Ratings assigns an 'A+' rating to Boulder County, Colorado's Clean Energy Options Local Improvement District bonds as follows.-- $1.3 million special assessment bonds, series 2009C; -- $1.8 million special assessment bonds, taxable series 2009D.The Rating Outlook is Stable. The bonds are scheduled for a negotiated sale on or about Oct. 20, 2009.The 'A+' rating is based on the strength of the pledged special assessments and Boulder County's moral obligation pledge to restore draws on each bond series' debt service reserve fund. The assessments benefit from a strong collection system and are levied at 1% above the bond interest

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