Labels:book | daily | reckoner | sky | windowpane OCR: STATEMENT OF THE CASE Ir 1986 and again in 1988 Colorado Springs Stctson Hitls Public Building Authority (the 'Authorlty"} issued lax exempt municipal bonds finance the acquisition 01 public improy vements buill the developcr of Stetson Hills. planacd residential and commercial community LTI Colorado Springs, Colorado 126-37 Repayment or the bonds be made from special lien assessments against lat sales Stetson Hj|1s and was secured by land iF the development which was required havc an appraiscd value 1 1609 of the outstanding principal pue intervsl based on appraisal per- Tornied bi AT MAI appraiser 160% Test" Petitioner Central Bank of Denver ("Central Bank"} served indenture trustce for both the 1986 and 1988 bond issucs {the 1986 Bonds and the 1988 Bonds respec(ively}. Central Bank duti ...
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