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File #: 24-1377    Version: 1
Type: Bill Status: Second Reading
File created: 10/6/2024 In control: Finance & Governance Committee
On agenda: 10/28/2024 Final action:
Title: A bill for an ordinance concerning the authorization of a First Amendment to Loan Agreement among the City, PNC Bank, National Association and U.S. Bank National Association in order to amend the requirements for mandatory prepayments and in connection therewith authorizing a first amendment to the DUS Project Mill Levy Pledge Agreement to allow the agreement to terminate on December 2, 2024; ratifying action previously taken relating thereto; and providing other matters relating thereto. For an ordinance concerning the authorization of a First Amendment to Loan Agreement among the City, PNC Bank National Association and U.S. Bank National Association to amend the requirements for mandatory prepayments and in connection therewith authorizing a First Amendment to DUS Project Mill Levy Pledge Agreement to allow the agreement to terminate on 12-02-2024, ratifying action previously taken relating thereto; and providing other matters relating thereto (First Amendment to Loan Agreement:...
Indexes: Lucas Palmisano
Attachments: 1. BR24-1377_DOF - 1st Amendment to DDDA Loan Agreement DUS Mill Levy Pledge Agreement, 2. FinGov-Loan-Amendment-Oct-15, 3. 24-1377 Ordinance Authoring DDDA Loan Amendments CSH 2024-10-21, 4. 24-1377_Agmt_DUS+PROJECT+MILL+LEVY+PLEDGE+AGREEMENT_202476202, 5. 24-1377_Agmt_PNC+Bank+Loan+Amendment_202476206, 6. 24-1377 Filed Bill_DOF - 1st Amendment to DDDA Loan Agreement DUS Mill Levy Pledge Agreement

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

 

Date Submitted: 10-14-2024

 

Requesting Agency:  Finance

                               Division:

 

Subject Matter Expert Name:  Dawnna Wilder and Guadalupe Gutierrez-Vasquez

mail Address:  dawnna.wilder@denvergov.org <mailto:dawnna.wilder@denvergov.org>   Guadalupe.gutierrez@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 authorization of a First Amendment to Loan Agreement among the City, PNC Bank, National Association and U.S. Bank National Association in order to amend the requirements for mandatory prepayments and in connection therewith authorizing a first amendment to the DUS Project Mill Levy Pledge Agreement to allow the agreement to terminate on December 2, 2024; ratifying action previously taken relating thereto; and providing other matters relating thereto. 

For an ordinance concerning the authorization of a First Amendment to Loan Agreement among the City, PNC Bank National Association and U.S. Bank National Association to amend the requirements for mandatory prepayments and in  connection therewith authorizing a First Amendment to DUS  Project Mill Levy Pledge Agreement to allow the agreement to  terminate on 12-02-2024, ratifying action previously taken relating thereto; and providing other matters relating thereto (First Amendment to Loan Agreement: 202476206-01. First Amendment to DUS Project Mill Levy Pledge Agreement 202476202). The last regularly scheduled Council meeting within the 30-day review period is on 11-18-2024. The Committee approved filing this item at its meeting on 10-15-2024.

body

 

Affected Council District(s) or citywide?

 

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?