D.A. Davidson has financed capital infrastructure improvements for local governments in Colorado resort communities, including Aspen, Beaver Creek, Copper Mountain, Steamboat Springs and Breckenridge. We are proud to have completed tax-exempt financing for the first public transportation gondola system in rural Telluride. In addition, we have completed resort-based financings in central Florida. Our successes in these resort areas are due to our special understanding of financial and credit issues unique to tourist-oriented communities.