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Copper Ridge: Powers bond deal hinges on attracting the right retailers (access required)

by Rebecca Tonn

Published: May 22,2010

Time posted: 8:47 am

Tags: Copper Ridge

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Under the Copper Ridge retail development deal, the Colorado Springs Urban Renewal Authority would have to issue up to $105 million in “special district” revenue bonds to finance the Powers Boulevard extension. Special district bonds became popular during the recessionary 1980s, as cities and counties were increasingly unable to fund infrastructure projects. These bonds are repaid by ...





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