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DENVER-You can forget about Hillary Clinton’s Living History or Harry Potter and the Order of the Phoenix. If you’re looking for a good read, curl up with the 540-page preliminary official statement issued by the Denver Convention Center Hotel Authority. The statement details everything you would ever want to know about the planned 1,100-room Hyatt hotel to be built across the street from the $268 million expansion of the Colorado Convention Center.

Later this month, the non-profit authority, created by the City Council, will issue at least $349.035 million in senior revenue bonds to finance the hotel, which is scheduled to open in early 2006.

Among other things, the statement addressed a description of the 2003 A bonds, the design of the hotel, sources and uses of the funds, debt service requirements, hotel market consultant’s report, cash flow projections, revenue security, manager’s letter of credit, bond insurance policy, and risk factors, such as possible delays in opening the hotel, insufficient occupancy levels and economic considerations.

Although investors, primarily Wall Street institutions, may find the statement fascinating reading, it’s unlikely to make any Best Seller’s list.

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