In the course of routine surveillance, Fitch Ratings affirms its 'BBB' rating on Denver Urban Renewal Authority (DURA, or the authority), Colorado's Stapleton senior tax increment revenue bonds, as follows.--$79 million series 2008A-1; --$107 million series 2008A-2.The bonds are obligations of DURA and secured by a senior pledge on incremental property and sales tax revenues collected only within the Stapleton redevelopment area (Stapleton). The Rating Outlook is Stable.The 'BBB' rating is based on the bonds' ample debt service coverage, Stapleton's strategic location, advanced stage of development, and lack of additional infrastructure needs for the remaining near-term development of the
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