Denver Legistar banner



File #: 23-1959    Version: 1
Type: Resolution Status: Adopted
File created: 12/12/2023 In control: Finance & Governance Committee
On agenda: 1/2/2024 Final action: 1/2/2024
Title: A resolution approving a proposed Agreement between the City and County of Denver and H.C. Peck & Associates, Inc. to serve as the escrow agent to perform escrow services for the Washington Street Corridor project, located in Council District 9. Approves an escrow funding Agreement with H.C. Peck & Associates, Inc. for $3,000,000 and a term ending on 12-31-2027 to serve as the escrow agent to perform escrow services for the Washington Street Corridor project, located in Council District 9. FINAN-202371516. The last regularly scheduled Council meeting within the 30-day review period is on 1-22-2024. The Committee approved filing this item at its meeting on 12-19-2023.
Indexes: Lucas Palmisano
Attachments: 1. RR23-1959_DOF RR - Escrow Agreement - Washington Street Corridor, 2. 23-1959 Filed Resolution_H.C. Peck & Associates, Inc. 202371516-00, 3. 23-1959 Agreement_H.C. Peck & Associates, Inc. 202371516-00, 4. 23-1959 Filed Resolution_H.C. Peck & Associates, Inc. 202371516-00, 5. 23-1959_signed

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 12-18-2023

 

Requesting Agency: DOF

                               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 resolution approving a proposed Agreement between the City and County of Denver and H.C. Peck & Associates, Inc. to serve as the escrow agent to perform escrow services for the Washington Street Corridor project, located in Council District 9.

Approves an escrow funding Agreement with H.C. Peck & Associates, Inc. for $3,000,000 and a term ending on 12-31-2027 to serve as the escrow agent to perform escrow services for the Washington Street Corridor project, located in Council District 9. FINAN-202371516. The last regularly scheduled Council meeting within the 30-day review period is on 1-22-2024. The Committee approved filing this item at its meeting on 12-19-2023.

body

 

Affected Council District(s) or citywide?

Council District 9

Contract Control Number:

FINAN-202371516

Vendor/Contractor Name (including any “DBA”):

H.C. Peck & Associates, Inc.

Type and Scope of services to be performed:

Escrow services include all deliverables required for real estate acquisition and relocation services for property being acquired related to the project.  The Washington Street Corridor project requires 75 acquisitions which will be a combination of full, partial acquisitions and both permanent and temporary easement. The land being acquired is all commercial property.   

Location (if applicable):

 

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

N/A

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

N/A

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

new

Was this contractor selected by competitive process or sole source?

N/A

For New contracts

 

Current Contract Amount (A)

Additional Funds (B)

Total Contract Amount (A+B)

$3,000,000.00

0.00

$3,000,000.00

 

Current Contract Term

Added Time

New Ending Date

1/1/2023

n/a

12/31/2027