CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the short-term rating to 'F1' from 'F1+' assigned to the $100,000,000 City of Colorado Springs (CO) variable rate demand utilities system subordinate lien improvement revenue bonds, series 2005A. The short-term rating action is in connection with: (i) the substitution of the liquidity support provided by Bank of Montreal (rated 'AA-/F1+'; Outlook Stable), acting through its Chicago Branch, in the form of a Standby Bond Purchase Agreement (S
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