Kutak Rock Serves as Bond and Disclosure Counsel for National Western Center COPS
News | October 22, 2020Kutak Rock served as bond and disclosure counsel for $68,670,000 of the State of Colorado National Western Center Lease Purchase Financing Program Certificates of Participation, Series 2020A (Tax-Exempt) and $44,255,000 of the State of Colorado National Western Center Lease Purchase Financing Program Certificates of Participation, Series 2020B (Federally Taxable). Proceeds of the COPS financed for the Board of Governors of the Colorado State University three facilities at the National Western Center complex (the “NWC”) in Denver, Colorado.
The Hydro Building will create a convening place for rural, urban, and global water and agricultural interests, taking advantage of a location near the South Platte River, in a unique urban context and partnerships within the Denver Metro area. The Hydro Building will consist of approximately 122,424 gross square feet.
The Terra Building will further the mission of global impact at the NWC by providing K-20 education, interactive learning opportunities for families, and flexible conference and exhibit space. The Terra Building will consist of approximately 61,124 gross square feet and will include a teaching kitchen, food laboratories, CSU Extension and Engagement offices, classrooms, K-12 educational spaces, controlled-environment agricultural research, soil and plant laboratories, and outdoor agriculture spaces, as well as gathering and event spaces.
The Vida Building will bring together university experts, veterinarians from around the region, clinical and therapeutic service providers, and non-profit organizations to create a space focused on various aspects of animal health, including the connection between people and animals. The Vida Building will consist of approximately 128,445 gross square feet and will include indoor and outdoor arenas, horse barns, clinical treatment space for small animals and horses, offices, classrooms and a mix of residential living spaces.
Fred Marienthal, Jennifer Barrett, Michael Thomas, Micah Halverson, Larry Carlile and Shawn Willette worked on this transaction.