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File #: 25-0934    Version: 1
Type: Bill Status: Awaiting President Signature
File created: 6/23/2025 In control: Finance & Governance Committee
On agenda: 3/31/2026 Final action: 3/31/2026
Title: A bill for an ordinance concerning the approval of a proposed Facilities Lease No. 2026 (Colorado Convention Center Fire Alarm Project) between Denver Public Facilities Leasing Trust 2026 (Colorado Convention Center Fire Alarm Project), as lessee, of certain real property constituting a portion of the existing Colorado Convention Center and the City and County of Denver, as lessor, and a proposed Lease Purchase Agreement No. 2026 (Colorado Convention Center Fire Alarm Project) between Denver Public Facilities Leasing Trust 2026 (Colorado Convention Center Fire Alarm Project), as lessor, and the City and County of Denver, as lessee, in conjunction with the issuance of Certificates of Participation, Series 2026 and documents related thereto authorizing officials of the City and County of Denver to take all actions necessary to carry out the transactions contemplated hereby; ratifying actions previously taken; providing other matters relating thereto; and providing the effective date ther...
Indexes: Lucas Palmisano
Attachments: 1. BR25-0934_DOF_Colorado Convention Center COP Bill Request, 2. BR25-0934_DOF_2025 COP CCC Fire Alarm System - Briefing Presententation.pdf, 3. 25-0934 Filed Bill_City and County of Denver Series 2026 Ordinance (3.17.pdf, 4. 25-0934_2026 Facilities Lease Agmt (3.10.pdf, 5. 25-0934_2026 Indenture COPs (2.20.pdf, 6. 25_0934_Preliminary Official Statement-City of Denver COPs Series 2026(50673027.4) as filed, 7. 25-0934_2026 Lease Purchase Agmt (3.10.26) as filed corrected, 8. 25-0934_Filed_Bill_City_and_County_of_Denver_Series_2026_Ordinance, 9. 25-0934_Signed.pdf

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

 

Date Submitted: 3-23-2026

 

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 bill for an ordinance concerning the approval of a proposed Facilities Lease No. 2026 (Colorado Convention Center Fire Alarm Project) between Denver Public Facilities Leasing Trust 2026 (Colorado Convention Center Fire Alarm Project), as lessee, of certain real property constituting a portion of the existing Colorado Convention Center and the City and County of Denver, as lessor, and a proposed Lease Purchase Agreement No. 2026 (Colorado Convention Center Fire Alarm Project) between Denver Public Facilities Leasing Trust 2026 (Colorado Convention Center Fire Alarm Project), as lessor, and the City and County of Denver, as lessee, in conjunction with the issuance of Certificates of Participation, Series 2026 and documents related thereto authorizing officials of the City and County of Denver to take all actions necessary to carry out the transactions contemplated hereby; ratifying actions previously taken; providing other matters relating thereto; and providing the effective date thereof.

Authorizes the Manager of Finance, on behalf of the city, to enter into a Facilities Lease Agreement for both the Colorado Convention Center Parking Garage and the Denver Performing Arts Center Parking Garage under which the Trustee will execute and deliver Series 2025 Certificates of Participation in a par amount not to exceed $108,000,000.00 to pay to the city and the city will lease back through a Lease Purchase Agreement. The proceeds of the Certificates will be used for the purpose of replacing the existing fire alarm system at the Colorado Convention Center, reimbursing the city for certain preliminary expenditures, and paying associated costs of issuance, in Council District 10. The last regularly scheduled Council meeting within the 30-day review period is on 4-13-2026. The Committee approved filing this item at its meeting on 7-8-2025.

body

 

Affected Council District(s) or citywide?

Council District 10

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?