Standard&Poor's Ratings Services assigned its 'AAA' rating to Denver City and County's general obligation (GO) Better Denver bonds (Denver Mini-Bond Program), series 2014A. In addition, Standard&Poor's affirmed its 'AAA' rating on the city's GO bonds outstanding. Finally, Standard&Poor's affirmed its 'AA+' rating and underlying rating (SPUR) on various city certificates of participation (COPs) and lease-secured obligations. The outlook is stable. Unlimited ad valorem taxes levied on taxable property within the city secure the GO bonds. The city has covenanted to levy and collect sufficient ad valorem taxes to pay the bonds. The COPs represent an interest in base rentals to be made by the city for the use and occupancy of certain leased premises.
