City and County of Denver - File #: 18-0443

• File #: 18-0443
• Version: 1
• Type: Bill
• Status: Passed
• File created: 4/24/2018
• In control: Land Use, Transportation & Infrastructure Committee
• On agenda: 6/11/2018
• Title: A bill for an ordinance establishing a new fund in the Grant and Other Money Projects Fund. Establishes the Fox North special revenue fund to accept the developer's $250,000 contribution to support the Next Step Study associated with a contract agreement with Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1, and West Globeville Metropolitan District No. 2 obligating the developer and their assigns to certain requirements for development of approximately 41 acres located between I-70, I-25, the UP & BNSF rail lines and 38th Avenue, in Council District 9. The Committee approved filing this item at its meeting on 5-1-18.
• Indexes: Zach Rothmier

Date	Ver.	Action By	Action	Result
6/20/2018	1	Mayor	signed
6/19/2018	1	Council President	signed
6/18/2018	1	City Council	placed upon final consideration and do pass	Pass
6/11/2018	1	City Council	ordered published on first reading
5/1/2018	1	Land Use, Transportation & Infrastructure Committee	approved for filing	Pass

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

Date Submitted: 4-24-18

Requesting Agency: Community Planning and Development

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 establishing a new fund in the Grant and Other Money Projects Fund.

Establishes the Fox North special revenue fund to accept the developer’s $250,000 contribution to support the Next Step Study associated with a contract agreement with Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1, and West Globeville Metropolitan District No. 2 obligating the developer and their assigns to certain requirements for development of approximately 41 acres located between I-70, I-25, the UP & BNSF rail lines and 38^th Avenue, in Council District 9.  The Committee approved filing this item at its meeting on 5-1-18.

body

Affected Council District(s) or citywide? Council District 9

Executive Summary with Rationale and Impact:

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

This is a companion ordinance to establish a new non-lapsing capital project special revenue fund. The establishment of this fund will allow the City to accept the developer $250,000 contribution as specified in the pending contract which will support the completion of a Next Step Study. The Next Step Study is needed for this area to determine transportation mitigation and capacity increasing projects; provides a framework for available trip capacity within the area and how trips will be allocated to the project; and allows the developer to construct certain identified minor mitigation improvements that add capacity and provides for a certain number of additional trips that will be reserved for use by this property.

Address/Location (if applicable):

Legal Description (if applicable):

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

Draft Bill Attached?