...CENTENNIAL (S&P Global Ratings) Jan. 30, 2018--S&P Global Ratings has assigned its '###' long-term rating to Denver City & County, Colo.'s series 2018 wastewater enterprise revenue bonds. At the same time, S&P Global Ratings affirmed its '###' rating on the system's existing revenue bonds. The outlook is stable. "The rating reflects our opinion of the combination of the system's extremely strong enterprise and financial risk profiles," said S&P Global Ratings credit analyst Malcom D'Silva. We view the bond provisions as credit neutral. A first-lien pledge on the net revenues of the consolidated city-county government's wastewater collection and stormwater enterprise fund secure the bonds. Proceeds will finance various improvements to the system's storm drainage and sanitary sewerage facilities and provide funding for the Platte to Park Hill stormwater project, which will deliver flood-control and water-quality benefits to four major project areas. The stable outlook reflects our view that...
