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File #: 24-1106    Version: 1
Type: Bill Status: Passed
File created: 8/21/2024 In control: Finance & Governance Committee
On agenda: 9/16/2024 Final action: 9/24/2024
Title: A bill for an ordinance approving the Amended and Restated 2300 Welton Street Property Tax Increment Area Cooperation Agreement between the City and County of Denver and Denver Urban Renewal Authority for the Welton Corridor Urban Redevelopment Area, to establish, among other matters, the parameters for tax increment financing with property tax increment. Approves the Amended and Restated 2300 Welton Street Property Tax Increment Area Cooperation Agreement between the City and County of Denver and the Denver Urban Renewal Authority for the Welton Corridor Urban Redevelopment Area to establish, among other matters, the parameters for tax increment financing with property tax increment, in Council District 9 (201417030-00/FINAN-202475615). The last regularly scheduled Council meeting within the 30-day review period is on 10-7-2024. The Committee approved filing this item at its meeting on 8-27-2024.
Indexes: Lucas Palmisano
Attachments: 1. BR24-1106_DOF-DURA Bill Request to Amend TIF Cooperation Agreement - 2300 Welton Street Property, 2. 29th Welton FinGov Presentation 8-27-2024.pdf, 3. 24-1106 Filed Bill_Denver Urban Renewal Authority_2300 and Welton_Amended Cooperation Agreement_202475615-01, 4. 24-1106 Agr_Amended and Restated Cooperation Agreement_2300 Welton Street_202475615-01, 5. 24-1106 Filed Bill_Denver Urban Renewal Authority_2300 and Welton_Amended Cooperation Agreement_202475615-01, 6. 24-1106_signed.pdf, 7. 24-1106 For an ordinance approving the Amended and Restated 2300 Welton Street

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 8-26-2024

 

Requesting Agency: Finance

                               Division:

 

Subject Matter Expert Name: Carolina Flores
Email Address: Carolina.flores@denvergov.org
Phone Number:

 

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 bill for an ordinance approving the Amended and Restated 2300 Welton Street Property Tax Increment Area Cooperation Agreement between the City and County of Denver and Denver Urban Renewal Authority for the Welton Corridor Urban Redevelopment Area, to establish, among other matters, the parameters for tax increment financing with property tax increment.

Approves the Amended and Restated 2300 Welton Street Property Tax Increment Area Cooperation Agreement between the City and County of Denver and the Denver Urban Renewal Authority for the Welton Corridor Urban Redevelopment Area to establish, among other matters, the parameters for tax increment financing with property tax increment, in Council District 9 (201417030-00/FINAN-202475615). The last regularly scheduled Council meeting within the 30-day review period is on 10-7-2024. The Committee approved filing this item at its meeting on 8-27-2024.

body

 

Affected Council District(s) or citywide?

9

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?