Definitions.
Denver Revised Municipal Code § 20-91
in effectSec. 20-91. - Definitions.
For the purposes of this article, the following words and phrases shall be defined as follows:
Financial advisor: A person hired or retained by the city either to render financial advice or assistance to the city on matters pertaining to municipal bonds or with the authority to represent the city in the matter of municipal bonds, including advice with respect to the structure, timing, terms and other similar matters concerning such municipal bonds, for a fee or other compensation or in expectation of such compensation for rendering of such services.
Municipal bond or bond issue: Any evidence of indebtedness, including but not limited to bonds, notes, agreements for the advancement of money and other instruments evidencing municipal debt issued or executed by or on behalf of the city or any agency of the city which are payable from ad valorem taxes or any other pledged revenue except those issued:
(1) In the name of the city by the board of water commissioners;
(2) By the city to finance local public improvements payable from special assessments; and
(3) By the city as or known as private activity, industrial development, economic development and similar bonds for which the city is not financially obligated other than airport system revenue bonds and single-family mortgage revenue bonds.
Underwriter: Any person who offers to purchase municipal bonds whether for resale or investment. It does not include those whose interest is limited to a commission, concession or allowance from an underwriter, broker or dealer of municipal bonds.
(Ord. No. 459-90, § 2, 8-13-90)
Source: City and County of Denver, Revised Municipal Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/co/denver/codes/code_of_ordinances?nodeId=TITIIREMUCO_CH20FI_ARTVBO_S20-91DEFetched: 10/27/2026