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Denver's bid to host the 2008 Democratic Convention received another boost today when it announced that it had received pledges of $11.5 million in cash and in-kind contributions:
Qwest and Comcast have pledged $5 million each, and Xcel Energy $1.5 million, said attorney Steve Farber, co-chairman of Denver's host committee.It's pretty clear this was a check-off item for Denver. Dean: You've got to have more than $10 million in announced pledges before we can give you the convention. Denver: Check. And it's interesting that in spite of New York's supposed money problems, there hasn't been a similar announcement from New York.
Dean has told the Denver host committee that his biggest fear about the city's bid was its ability to raise money. "We're extremely close to the $20 million, but we're not stopping," said Farber, a longtime political fundraiser. "We're going to raise as much as we can from the greater Colorado business community."
Xcel is also contributing $1.5 million to the Republican National Convention, to be held at the Xcel Energy Center in St. Paul, Minn.