Cordes & Company

Bond Holders of Financially challenged Water and Sanitation District lost confidence in management

An independent audit showed the possibility of default of all Series 2005 General Obligation Bonds and all Series 2006 General Obligation Bonds that were issued causing the appointment of a Receiver.

California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
220 South 6th Street
Suite 2125
Minneapolis, MN 55402
Telephone: 612.455.6027
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