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File #: 16-0778    Version: 1
Type: Resolution Status: Adopted
File created: 8/30/2016 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 9/26/2016 Final action: 9/26/2016
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Catholic Charities and Community Services of the Archdiocese of Denver, Inc. (doing business as Catholic Charities Denver) to provide acquisition financing for a new women's homeless shelter located at 6240 Smith Road. Approves a 35-year loan agreement with Catholic Charities and Community Services of the Archdiocese of Denver, Inc. (doing business as Catholic Charities Denver) in the amount of $1 million from Community Development Block Grant funds structured as a performance loan to provide acquisition financing for a new women's homeless shelter located at 6240 Smith Road in Council District 8 (OEDEV-201630186-00). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this bill at its meeting on 9-14-16.
Indexes: Debra Bartleson
Attachments: 1. RR16 0778 OED Resolution Request - Catholic Charities 082216, 2. Revised Catholic Charities Rev. 082216.pdf, 3. 16-0778_Catholic Charities Presentation.pdf, 4. 16-0778 Filed Resolution_Catholic Charities.201630186, 5. 16-0778 Agreement_Catholic Charities.201630186, 6. 16-0778 - final.pdf

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 8 30 16

 

Requesting Agency: OED

                               Division:

 

§                     Subject Matter Expert Name:
Name:
                     Julianne Stern

§                     Phone:                     720-913-1605

§                     Email:                     julianne.stern@denvergov.org

 

5.                     Contact Person: (With actual knowledge of proposed ordinance/resolution who will present the item at Mayor-Council and who will be available for first and second reading, if necessary.)

§                     Name:                     Susan Liehe

§                     Phone:                     720-913-1689

§                     Email:                     susan.liehe@denvergov.org

 

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

A resolution approving a proposed Loan Agreement between the City and County of Denver and Catholic Charities and Community Services of the Archdiocese of Denver, Inc. (doing business as Catholic Charities Denver) to provide acquisition financing for a new women's homeless shelter located at 6240 Smith Road.

Approves a 35-year loan agreement with Catholic Charities and Community Services of the Archdiocese of Denver, Inc. (doing business as Catholic Charities Denver) in the amount of $1 million from Community Development Block Grant funds structured as a performance loan to provide acquisition financing for a new women’s homeless shelter located at 6240 Smith Road in Council District 8 (OEDEV-201630186-00).  The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16.  The Committee approved filing this bill at its meeting on 9-14-16.

body

 

Affected Council District(s) or citywide? Council District 8

 

Contract Control Number: OEDEV-201630186-00

 

Vendor/Contractor Name (including any “DBA”): Catholic Charities and Community Services of the Archdiocese of Denver, Inc. (doing business as Catholic Charities Denver)

 

Type and Scope of services to be performed: performance loan to provide acquisition financing for a new women’s homeless shelter located at 6240 Smith Road

 

Location (if applicable): 6240 Smith Road

 

WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):

NA

Are WBE/MBE/DBE goals met (if applicable)?

NA

Is the contract new/a renewal/extension or amendment?

new

Was this contractor selected by competitive process or sole source?

                     

For New contracts

Term of initial contract: 35 years

 

Options for Renewal:

                     How many renewals (i.e. up to 2 renewals)?

                     Term of any renewals (i.e. 1 year each):

 

Cost of initial contract term:

$1,000,000

 

Cost of any renewals:

 

Total contract value council is approving if all renewals exercised:

 

$1,000,000