Aug.

2nd, 2010 l1~nver, co

ISSUE 3

Dear friends,

Today's issue concerns the bribery of Patricia Calhoun of Westward, by real estate developer Bill' Mosher. Mr. Mosher is, miraculously, the owner of the new Colorado History Museum at iz" and Broadway, the new Colorado Supreme Court complex at 14th and Broadway, 101 W. Colfax (the Denver Post building), 201 W. Colfax (the Wellington Webb city hall building) and the Union Station complex, Mr. Mosher is, I believe, paying Ms. Calhoun to nett cover the fact that he got all these properties either no-bid or in rigged bidding.

Further, Ms. Calhoun is accepting bribes to suppress the fact that Andrew Ronmanoff signed Colorado Senate Bill 2008-206, which twice, in Sec. 2{B) II (d) and Sec. 3, 2(b), simply cancels T.A.B.O.R. for the owner of new state history museum and the new state supreme court building. Further, Colo. Senate Bill 2008-206, twice cancels state income tax for the owner of these properties, in Sec. 2{B) II (e) and in Sec. 3, 2(b).

Ms. Calhoun was notified in person, in front of her offices, on July zs". 2010, a little after 8 A.M., of these facts. Ms. Calhoun has been e-mailed repeatedly about this corruption in state contracting, but has refused to inform the tax-payers of this massive, monstrous and on-going rip-off. And now Andrew Romanoff, who it is believed to have accepted bribes from Bill Mosher to ensure passage of Senate Bill 2008-206, wants to be Colorado's newest U.S. senator. Imagine that.

Friends, I wanted to bid on the Colorado History Museum and the state supreme court building. I have a Master's Degree from the C.U. Denver Graduate school of Architecture and Planning (Dec. 2008). But both properties were awarded no-bid to Bill Mosher. And to date, Ms. Calhoun has kept this information secret from her readers. The only reason I can conclude she would do that, is because of bribery by Mr. Mosher. We here at America Calling: A journal of Civilization, eagerly await proof from Ms. Calhoun that she is, in truth, an honest newspaper publisher. We expect it will be a long wait.

In the next issue, bribery by John Hickenlooper to keep Ms. Calhoun quiet on the subject of the financial fraud surrounding the new Denver City Jail. Stay tuned!

PUb~M~k

pr~~'i~a~ 3: Woman Against ViolencE

1304 S. Parker Rd. PH 17 Denver, CO 80231303.283..7913 Federal tax I.D.# 27-2175228

2106

Government - State

Ch.417

CHAPTER 417

GOVERNMENT - STATE

SENI\TE BILL 08·206'

BY SENATOR{S) Shnffcr and Penry, Bacon, Kester. Morse, Sandoval, Tapia, Tnchrrop. Veiga, Boyd, Kelter, Tupa, and wtndc!s: also REPRESENTATIVE(S) Carroll T. and Marostica, Gardner 8.. Jahn. Levy. Liston, Looper, Madden. Marshall, Massey. ~h:Fatlycn, Pommer, Riesberg, Rose, Summers. Swalm, While, Carroll M . Ferrandino, Garza-Hicks. Judd. Kerr A., Labuda. ~h'Gihon, Middleton. Rohcrts, and Stafford.

AN ACT

CONCERNING THE AUTHORITY OF TilE STA TE TO ENTER INTO LEASE-PURCHASE AGREEMENTS,AND, IN CONNECTION THEREWITH, AUTHORIZING LEASE-PURCHASE AGREEMENTS FOR ,\ STATE HISTICE CENTER ANO A NEW COLORAOOSTATE MUSEUM, INCREASING CIVIL COURT FEES TO PAY COSTS ASSOCIATED WITH THE STATE JU.STlCE CENTER PRO.JECT, AND AUTHORIZING TRANSFERS AND PAYMENTS FROM THE PORTION OF THE STATE HISTORICAL fUND NOT RESERVED FOR THE STATEWIDE GRANT PROGR,\M TO PAY FOR THE COLORADO STATE MUSEUM, AND MAKING AN APPROPRIATION THEREFOR.

Be it enacted by the General ASSembly of the State 0/ Colorado:

SECTION 'l , Legislative declaration. (1) State justice center. The general assembly finds that:

(a) lt is in the best interest of the state to consolidate into one efficient and cost-effective building the judicial and legal offices of the state presently located in various public. and private buildings throughout the Denver metropolitan area, including the Colorado supreme court, the Colorado court of appeals, the administrative offices of the Colorado judicial department, the Colorado department of law, the alternate defense counsel, the office of the child's representative, and the office of the state public defender, referred to in this section 1 as "justice-related offices" ;

(b) The current state judicial building located at 2 East 14th Avenue, Denver, Colorado 80203, is overcrowded and unsafe. As a result, the state has had to lease private office space in various locations in the Denver metropolitan area. Currently, there are seven state justice agencies located in ten separate offices, the lease rates and space needs for which are projected to continue to escalate.

Capital letters indicate nell' materral added to existing statutes; dashes througli words i11lii(_,1I1~ deletions [rom existing statutes "lid such ntateriul not part a/act.

J

Government - State

Ch.417

(d) The lease-purchase agreements authorized in subsection (I) of this section may provide for the issuance, distribution, and sale of instruments by the lessor evidencing rights to receive rentals and other payments made and to be made under the lease-purchase agreements. The instruments may be issued, distributed, or sold only by the lessor or any person designated by the lessor and not by the state. The instruments shall not create a relationship between the purchasers of the instruments ~nd the state or create any obligation on the part of the state to the purchasers. The

. Instruments shall not be notes, bonds, or any other evidence of indebtedness of the state within the meaning of any provision of the state constitution or the law of the state concerning or limiting the creation of indebtedness of the state and shall not constitute a multiple fiscal-year direct or indirect debt or other financial obligation ofthe state within the meaning of section 20 (4) of article ~ of the state constitution.

( e) Interest paid under the lease-purchase agreements authorized in subsection (I) of this section, including interest represented by the instruments, shall be exempt from Colorado income tax.

(f) The state of Colorado, acting through the state court administrator, is authorized to enter into ancillary agreements and instruments as are deemed necessary or 'appropriate in connection with the lease-purchase agreements, including but not limited to ground leases, easements, or other instruments relating to the real property on which the facilities are located.

(3) The provisions of section 24-30-202 (5) (b), Colorado Revised Statutes, shall not apply to the lease-purchase agreements authorized in subsection (I) of this section or any ancillary agreement entered into pursuant to paragraph (f) of subsection (2) of this section. Any provision of the fiscal rules promulgated pursuant to-section 24-30-202 (1) and (13), Colorado Revised Statutes, that the state controller deems to be incompatible or inapplicable with respect to said lease-purchase agreements or any such ancillary agreement may be waived by the controller or his or her designee.

SECTION 3. Lease-purchase agreement - Colorado state museum.

(1) (a) The state of Colorado, acting by and through the president of the state historical society, is authorized to execute lease-purchase agreements for up to thirty-seven years to finance the design, construction, and relocation of facilities for a state museum. The total amount of the principal component of said lease-purchase agreements shall not exceed eighty-five million dollars ($85,000,000), plus reasonable and necessary administrative, monitoring, and closing costs and interest. Except for payments from the state museum cash fund, created in section 24-80-214, Colorado Revised Statutes, the maximum annual aggregate rentals or other payments under all lease-purchase agreements authorized by this section from state funds shall not exceed four million nine hundred ninety-eightthousand dollars ($4,998,000).

(b) The general assembly intends that the facilities for which lease-purchase agreements are authorized by paragraph (a) of this subsection (l) shall include, but need not be limited to, the following:

(I) Storage facilities for state objects and artifacts held in trust;

~, 12

Government - Statc

Ch.417

(e) Interest paid under the lease-purchase agreements authorized in subsection (1) of this section, including interest represented by the instruments, shall be exempt from Colorado income tax.

instruments shall not create a relationship between the purchasers of the instruments and the state or create any obligation 011 the part of the state to the purchasers. The instruments shall not be notes, bonds, or any other evidence ofindcbtcdncss ofthc state within the meaning of any provision of the state constitution or the law of the state concerning or limiting the creation of indebtedness of the state and shall not constitute a multiple fiscal-year direct or indirect debt or other financial obligation .of the state within the meaning of section 20 (4) of article X of the state constitution.

(f) The state of Colorado, acting through the president of the state historical society, is authorized to enter into ancillary agreements and instruments as are deemed necessary or appropriate in connection with the lease-purchase agreements, including but not limited to purchase agreements, inter-governmental agreements, ground leases, easements, or other instruments relating to the real property on which the facilities are located.

(3) The provisions of section 24-30-202 (5) (b), Colorado Revised Statutes, shall not apply to the lease-purchase agreements authorized in subsection (1) of this section or any ancillary agreement entered into pursuant to paragraph (f) of subsection (2) of this section. Any provision of the fiscal rules promulgated pursuant to section 24-30-202 (I) and (13), Colorado Revised Statutes, that the state controller deems to be incompatible or inapplicable with respect to said lease-purchase agreements or any such ancillary agreement may be waived by the controller ,Of his or her designee ..

SECTION 4. Part 2 of article 80 of title 24, Colorado Revised Statutes, IS amended BY THE ADDITION OF A NEW SECTION to read:

24-80-214. State museum cash fund. THERE IS HEREBY CREATED IN THE STATE TREASURY THE STATE MUSEUM CASH FUND, REFERRED TO IN THIS SECTION AS THE "CASH FUND". THE CASH FUND SHALL CONSIST OF ALL MONEYS TRANSFERRED TO THE CASH FUND FROM THE STATE HISTORICAL FUND PURSUANT TO SECTION 12-47.1-120 I (5), C.R.S.; MONEyS TRANSFERRED FROM THE JUSTICE CENTER CASH FUND PURSUANT TO SECTION 13-32-10 I (7) (b), eR.S.; AND ANY OTHER MONEYS APPROPRIA TED TO THE CASH FUND BY THE GENERAL ASSEMBLY. MONEYS IN THE CASH FUND SHALL BE SUBJECT TO ANNUAL APPROPRIATION BY THE GENERAL ASSEMBLY TO THE STATE HISTORICAL SOCIETY TO PAY FOR THE PLANNING, DESIGN, ACQUISITION, AND CONSTRUCTION OF AND RELOCATION TO A NEW STATE MUSEUM, AND EXHIBITS FOR THE MUSEUM. ApPROPRlATIONS fROM THE CASH FUND SHALL REMAIN AVAILABLE TO THE STATE HISTORICAL SOCIETY FOR A PERIOD OF FOUR YEARS. ANY MONEYS IN THE CASH FUND NOT EXPENDED FOR THE PURPOSE OF THIS SECTION MA Y BE INVESTED BY THE STATE TREASURER AS PROVIDED BY LA \Y. ALL INTEREST AND INCOME DERIVED FROM THE INVESTMENT AND DEPOSIT OF MONEYS IN THE CASH FUND SHALL BE CREDITED TO THE CASH FUND. ANY UNEXPENDED AND UNENCUMBERED MONEYS REMAINING IN THE CASH FUND AT THE END OF A FISCAL YEAR SHALL REMAIN IN THE CASH FUND AND SHALL NOT BE CREDITED OR TRANSFERRED TO THE GENERAL FUND OR ANOTHER FUND.

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<c.c- tc- r--L-- UNDERLYING RATINGS: Moody's: "Aa3"

T r l r S&P: "AA-"

D-t Ihe.. tVf'.t- \:.~ fi/I f\CvV 0vJtv-.rv---. r'e c. Cin},rT_See"RATINGS"herein

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In the opinion 0/ Brownstein Hyatt Farber Schreck; 1LP; Special Counsel, under e~lstmg J vs regulations, rulings andjudn:ial &cJ.fr(Jn.$> and assu me comptiance WJth the corenant.s described herein. (he portion of the Bast! Rentals paid by the Smse whicls l.r designated and paid as interest (including any onglna Issue dJ~cvlHit properly allocable to certain Series 2 9A Certijicate.s), as provided in the uas~, and received by rhe Ok-tiers of 'he Series 2009A Certificates is exclttdablt from gross income for federal income tax purposes and is not a specific preference item/or purposes of the fethral attemative minimum tax: a~ under existing ColQrcukJ statutes, suctv portion 0/ the Base Rentals paid by the State which is designated and paid as interest, as provided in the tease. and received by ttie Owners of the Series 2009A Certificates, is excluded from gross income fOT Colorado income tax purposes and jrmn rllt' calculation of Cotorado alternative minimum taxable income. The portion of the Base Rentals paid by the State which is designated Gild paid as interest, as provided in th~ Lease, and received by the o-,'mers of the Series 2009B Certificates (including any original issue discount properly allocable to certain of 111,.. Series 20098 Ceniftcmes} is included in gross inc~F jar federal income ltU purposes, bllt exemptfrom Colorado income lax. See ''TAX MATTERS" herein.

NEw ISsuE. Book-Entry Only

$338,790,000

CERTIFICATES OF PARTICIPATION, SERIES 2009

(Ralph L. Carr Justice Complex and Colorado History Center Projects) Evidencing Proportionate Interests in Base Rentals and other Revenues under an Annually Renewable Master Build to Suit Lease Purchase Agreement between CHSfCJC Building, Inc., as lessor, and the State of Colorado, as lessee

$39,030,000

TAX EXEMPT CERTIFICATES OF PARTICIPATION, SERIES 2009A

$299,760,000 TAXABLE CERTIFHiATES OF PARTICIPATION, SERIES 2009B (Build America - Direct Payment)

Dated: Date of Delivery

Due: As shown on inside cover

The Series 2009AIB Ceniticates are being executed and delivered a'). fuHy registered certificates in denominations of $5.000 or imegral multiples thereof. when delivered. the Series 2009NB Certificates will be registered in tne name of Cede & Co .. as nominee of The Depository Trust Company, New York. DTC initially will act as securities depository for the Series 2009AIB Certificates. Individual purchases will be made in book-entry fonn only, in the principal amount of $5~OOO or integral multiples thereof. Purchasers of the Series 2009AIB Certificates will n01 receive physical delivery of bond certificates, all a.'). more fully described herein. Upon receipt of principal and interest, DTC is required to remit such principal and interest to On:: participants for subsequent disbursement to the beneficial owners of the Series 2009AIB Certificates. as more fully described herein. Capitalized terms used bUI not defined on this COl'f'r page have the ~cmings assigned to them in thi' Glossary attached as Appendix B ... 1 to this Official Statement.

The Series 2009MB Certificates constitute proportionate interests in the assignment by the Lessor '[0 lhe Trustee, pursuant to the Assignment Agreement and the Indenture described below. of the Lessor's right to receive certain revenues pursuant to an annually renewable Master Build to Sun Lease Purchase Agreement, dated as of July 1,2009 (the "Lease"), entered into by and between CHS/CJC Builuing.Inc., a Colorado nonprofit corporation, as lessor (the "Lesser"), and the Stale of Colorado (the "State .. ), acting hy and through the State Court Administrator and the President of the Colorado Historical Society (the "Society"), as lessee. The Trustee and the Lessor will enter into an Assignment and Assumption Agreement dated as of JuLy I, 2009 (the "Assignment AglWfllent") pursuant to which the Lessor will asstge and the Trustee will accept the assignment of all of the Lessor's right, title, and interest in. to and under (i) !he Lease, (ii) all Base Rentals. Subsidy Payments relating to the BuiLd America Series 2009B Certificates. other Revenues and collateral, security interests and attendant rights and obligations derived under tnc Lease, (iii) the Site Lease, and (iv) the Lc .. sed Property and any reversion therein, and will assume the obligation to perfonn and satisfy all the tenus, covenants. and conditions of the Lease on me pan of the Lessor to be performed. The Series 2009AIB Certificates will be executed and delivered pursuant to and secured by a Mongage and Indenture of Trust. dated as of July 1,2009 (the "Indenture .. ). by and between !he Lessor, as senlor and mortgagor, and The Bank of New York Mellon Trust Company, N.A., Denver, Colorado, as trustee and mortgagee (the "Trustee"). Pursuant to statutes enacted in !he 2008 session of the Colorado General Assembly, for each year in which the Lease is renewed, the State will pay Base Rentals under the Lease, subject to the terms of the Lease, from certain moneys appropriated by the General Assembly for such purpose. See "SECURITY AND SOURCES OF PAYMENT - Sources of Payment" and APll"ndJx G - "STATE HISTORICAL FUND AND JUSTICE CENTER CASH FUND:'

The net proceeds of the Series 2009NB Certificates will be used to (i) finance the design, development, equipping. construction, relocation. and interim accommodation of facilities and parking for the: Ralph L. Carr Justice Complex (the "Justice Center ProJect"); (ii) finance the design, development. equipping, construction, relocation. and interim accommodation of facilities for a new Colorado History Center (the "Colorado His.tory Center ProJect .. ); (iii) pay costs of issuance of the Series 2oo9NB Certificates; (Iv) pay capitalized interest; (v) fund a deposit 10 the Subsidy Stabilization Fund established under the Indenture: and (vi) make deposits to funds and accounts held by the Trustee under the Indenture. The Justice Center Project and the Colorado History Center Project are collectively referred to herein as the "ProJects." The Colorado General Assembly, in irs 2008 session, adopted Senate Bill 08-206 to authorize the Projects. The Colorado History Center Project will be constructed on real property (the "Colorado HIstory Center SIte") to be owned by the Slate OD the date of execution and delivery of the Series 2oo9AIB Certficates, The Colorado History Center Site and the real property owned by the State on which the Justice Center Project will be located (!he "Justice Center SUe" and, together with the CoLorado History Center Site. the "SI tes" ) are the subjcctof a Master Site Lease, dated as of July I, 2009 (the "Sit. Lease"), between the State. acting by and through the Colorado Department of Personnel. and Administration, and the Lessor, as ground lessee. pursuant to which the Stare will lease the Sites 10 £he Lessor.

Upon the occurrence ofan Event of'Leasc Default or Event of Non appropriation under the Lease, the Trustee will be entitled to cxcrcisc ccnain remedies with respect to Lbe Leased Property maune State has leased pursuant to the Lease. subject 10 the terms of the lease and the Indenture. The "Leased Property" upon issuance of the Series 2009NB Certificates consists of the Lessor's leasehold interest in the Sites pursuant to the Site Lease. the Lessor's ownership interest in the facilities that will comprise the Projects on the Sites that will be leased by the Lessor to (he State pursuant [0 the Lease, and any other property leased pursuant to the Lease.

Principal of and interest on the Series 2009AIB Certificates will be payable !O DTC, Or its nominee, as owner of the Series 2009AIB Certificates. by the Trustee, Interest on the Series 2009NB Certificates is payable an March 15 and September 15 of each year, commencing March 15.20],0, as more fully described herein. PrincipaJ of the Series 2009NB Certificates is payable on the dates. and interest is payable at the rates. shown on the inside cover.

Maturity ScIledule on Inside Cover

Tile Sen·f'S 2009A Cerlificates are not subject to optional redemption prior to matun·ty, but are subject to extraordinary optional redemption and extraordinary ItI.(lIiflawry redemption under certain circumstances. VIe Series 20098 Certificates art' subject JO Opl/OMI redemption. mandatory sinking fund redemption, extraordinary opuonol redemption, and extraordinary mandatory redemption under certain circumstntlus. See "THE SERIES 2009AIB CERTIFICATES - Redemption."

The Series 2009AIB Certificates are payable (except as otherwise described herein) solely from (i) all amounts payable by or on behalf of the State or with respect to the Leased Property pursuant to the Lease Including, but net limited ID, all Base Rentals, Subsidy Payments, Prepayments, Purchase Option Prices and Net Proceeds, but not including Additional Rentals and (it) any money' and securities, including investment income, held by the Trustee in the Funds and Accounts established under the tndcnrure (except for moneys and securities held in the Rebate Fund).

Payment 01 Base RentaL. and all other payments by Ibe State under the Lease ,hall constitute currently budgeted expenditures 01 Ibe State, II lUI appropriation has been eFlected ror such purpose and lb.

Lease has been renewed, and shall be paid rrom certain money. In the Stat. Hislnrical Fund appropriate<! by the Colorado General Assembly to the SocIety ror such purpose, cer1aln moneys appropriated by lite Colorado General Assembly lor deposit Into the Justice Center Cash Fund, and other legally available money. apprepriated by the Colorado General Assembly lrom any sour", tor such purpose. Gross gase Rentals are expected to be offset by SubsIdy Payments to the extent received by lb. Trustee on behalf 01 the State pursuant to the Iadeeurre. The obligation.< 01 the State to pay Base Rentals and all other obLlga. tions of the State under the Lease are subject to appropriation by tne Colorado General Assembly in its sole discretion, and shall not be deemed or construed as creating an Indebtedness or the State within the meanIng or any provision Df the Slate Constitution Or the laws 01 the Stare conceming or tlmiting the creation 01 I""ebled ness or lb.. State and shall not constitule a multiple fiS<'8l year direct or indirect debt or oth.r Ananclal obligation ot the Slate withIn the meaning 01 Section 20(4) or Article X of tile Slate Coretlnrtron, In tile event the State does not renew tile Lease, tile sole security available to the Lessor under tile Lease shall be the Leased Property leased under tile Lease, subject to tile terms of the Lease, and any amounts avallable under the Indenture.

The Series 2009AIB Certificates constitute pruponionate tnterests in the assignment by the: Lessor to the Trustee of the Lessor's right to receive Base Rentals, Subsidy Payment s and certain oLher Revenues under the Lease and shall be payable solely from the Trust Estate. Neither the Indenture nor me Series 2009AIB Certincates shall consutute a general corporate obligation of the Lessor, and the Lessor shall have no obligation with respect to the Series 2009NB Certificates except to the extent of its assignment of ttJc Trust Estate to the Trustee pursuant 10 the Assignment Agreement and me Indenture. Nenher the Lease nor the fndenture shall creme any pecuniary liability on me part of the directors or officers of the Lessor. No provision of the Lease shalJ be construed or interpreted as a delegation of governmental powers or as creating a multiple fiscal year direct or indirect debt or other financial obligation whatsoever of the State or a general obligation or other indebtedness of the state within the meaning of any constitutional. or statutory, debt limitation. including without limitation Article X. Section 20 of the Constitution of the Stale. The Lease shall not directly or indirectly obligate the State to make any payments beyond those for which an appropriation has been effected by !he State for the State's then current Ptscal Year. The State shall be under no obligation whatsoever 10 exercise its option to purchase all or a portion of the Projects. No provision of the Lease shall be construed (0 pledge or 10 create a lien on any class or source of State moneys, nor shalt any provision. or the Lease restrict the future issuance of any State bonds "or obligations payable from any class or source of Slate moneys.

TI1is cover page contains certain infon1JiJtfot!.for quick reference only. It is not a sumnu:vy of the transaction: Each pro5pectil1t investor -5hQIJ/d read this Official Statement in its entirety to obtain information essential to making an informed investment decision and sh~uld give particular attention to Ihe section entitled "CERTAlN RlSK FACTORS."

The Series 2009AIB Certificates are offered when. as and if delivered. subject LO lhe approving opinion of arownsrcm Hyatt Farber Schreck. LLP. Denver, Colorado. as Special Counsel. and certain other conditions.

Certain legal matters will be passed upon for the State by the office of the Auorney General of !he State, as counsel to the State, and for the Underwriters by Hogan & Hanson LLP, Denver, Colorado. Nonh Slope Capital Advisors has acted as financial advisor LO the Slate in connection with the execution and delivery of the Series 2009AIB Cernticates. It is expected that the Series 2009NB Certificates will be executed and available for delivery through the facilities of DTC, on or about July 23, 2009.

Dated: July 16,2009

MA TURITY SCHEDULE

; .

$39,030,000

TAX EXEMPT CERTIFICATES OF PARTICIPATION, SERIES 2009A

(CUSIP six digit issuer No. 196711 t)
Maturity Date
(SeQtember 15) Princillal Amount Interest Rate Price Yield CUSIPt
2012 $5,070,000 5.00% 111.067% 1.39% LK9
2013 5,200,000 5.00 112.594 1.83 LL7
2014 1,295,000 4.00 107.446 2.45 LM5
2014 1,915,000 3.00 102.641 2.45.' :" MB8
2014 2,210,000 5.00 112.251 2.45 MC6
2015 250,000 4.50 109.828 2.75 LN3
2015 5,285,000 3.25 102.806 2.75 MD4
2016 525,000 4.50 109.578 3.00 LP8
2016 5,215,000 3.25 101.594 3.00 ME2
2017 225,000 5.00 112.430 3.25 LQ6
2017 4,070,000 3.50 101.773 3.25 MF9
2017 1,645,000 5.00 98.221 3.25 MG7
2018 3,875,000 4.50 108.170 3.45 LR4
2018 2,250,000 3.25 98.440 3.45 MH5 .Piper Jaftray & Co.

George K. Baum & Company RBC Capital Markets

I

r

I

t Neither the State nor the Underwriters take responsibility for the accuracy of CUSIP numbers, which are included solely forthe convenience of owners of the Series 2009A Certificates.

MA TURITY SCHEDULE

$299,760,000

TAXABLE CERTIFICATES OF PARTICIPATION, SERIES 20098 (Build America - Direct Payment)

(CUSIP six digit issuer No. 19671lt)
Maturity Date
(Selltem ber 15) Princi[!al Amount Interest Rate Price Yield CUSIPt
2019 $6,635,000 5.27% 100% 5.27% LS2
2020 6,815,000 5.42 100 5.42 LTO
2021 7,060,000 5.57 100 5.57 LU7
2022 7,325,000 5.74 100 5.74 LV5
2023 7,610,000 5.97 100 5.97 LW3
2024 7,915,000 6.12 100 6.12 LXI George K. Baum & Company

RBC Capital Markets

Piper Jaffray & Co.

$44,770,000 6.25% Term Certificate Due September 15, 2029, Price: 99.198%, Yield: 6.32% CUSIP: L Y9 $122,905,000 6.45% Term Certificate Due September 15, 2039, Price 99.070%, Yield: 6.52% CUSIP: LZ6 $88,725,000 6.65% Term Certificate Due September 15,2045, Price 99,042%, Yield: 6.72% CUSIP: MAO

t Neither the State nor the Underwriters take responsibility for the accuracy of CUSJP numbers, which are included solely for the convenience of owners of the Series 20098 Certificates.

TERRITORY

1861

STATE

1876

DEPARTMENT OF PERSONNEL & ADMINISTRATION

DIVISION OF INFORMATION TECHNOLOGIES

STATEARCHNES AND

PUBLIC RECORDS

. I Here~ certify tMt the anJfded con (or each ~ anneild coyies) is a true con ~ a record in the ~ custo~ ~ the Slate Archivist ~ Colorw, and is j

among the r~~~~~E!. ASSEMBLY, STATE OF COLORADO

deposited therein

SENATE BILL 206 (2008)

EXCERPT

ENROLLED BILL. DATED JUNE 4,2008. PAGE 60.

TOTAL OF 1 PAGE.

STATE ARCHIVIST OF COLORADO

Apri1S,2010

DATE

determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.

rew Romano SPEAKER OF THE HOUSE OF REPRESENTATIVES

, I{~~~

Karen Goldma SECRETARY OF THE SENATE

~~£~

Manlyn Eddms

CHIEF CLERK OF THE HOUSE OF REPRESENTATIVES

APPROVED -r 'i,

Bill Ritter, Jr. GOVERNOR OF THE STATE OF CO RADO

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PAGE 60-SENA TE BILL 08-206