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File #: 18-0373    Version: 1
Type: Resolution Status: Adopted
File created: 4/9/2018 In control: Business, Arts, Workforce, & Aeronautical Services Committee
On agenda: 5/7/2018 Final action: 5/7/2018
Title: A resolution approving a proposed Third Amendatory Lease Agreement between the City and County of Denver and Colorado Symphony Association for leasing of 1245 Champa Street. Adds 3.5 years to the lease agreement with the Colorado Symphony Association through 6-30-21 and reduces the annual lease amount to $1 for office and performance space at 1245 Champa Street in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 5-21-18. The Committee approved filing this resolution at its meeting on 4-25-18.
Indexes: Zach Rothmier
Attachments: 1. RR18 0373 DOF CSO, 2. 18-0373 Filed Resolution_Colorado Symphony_Champa.201311017-03.pdf, 3. 18-0373 Third Amendatory Lease Agreement_Colorado Symphony Association_Champa.201311017-03.pdf, 4. 18-0373 Filed Resolution_Colorado Symphony_Champa.201311017-03.pdf, 5. 18-0373 - signed

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 4-17-18

 

Requesting Agency: Finance

                               Division:

 

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 Third Amendatory Lease Agreement between the City and County of Denver and Colorado Symphony Association for leasing of 1245 Champa Street.

Adds 3.5 years to the lease agreement with the Colorado Symphony Association through 6-30-21 and reduces the annual lease amount to $1 for office and performance space at 1245 Champa Street in Council District 9.  The last regularly scheduled Council meeting within the 30-day review period is on 5-21-18.  The Committee approved filing this resolution at its meeting on 4-25-18.

body

 

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

 

Contract Control Number: TBD

 

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

 

Type and Scope of services to be performed:

 

Location (if applicable):

 

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

 

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

 

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

 

Was this contractor selected by competitive process or sole source?

                     

For New contracts

Term of initial contract:

 

Options for Renewal:

                     How many renewals (i.e. up to 2 renewals)?

                     Term of any renewals (i.e. 1 year each):

 

Cost of initial contract term:

 

Cost of any renewals:

 

Total contract value council is approving if all renewals exercised:

 

For Amendments/Renewals Extensions:

Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?

 

If length changing

What was the length of the term of the original contract? 10-1-13 - 12-31-18

 

What is the length of the extension/renewal? Two and a half years

 

What is the revised total term of the contract? 10-1-13 - 6-30-21

 

If cost changing

What was the original value of the entire contract prior to this proposed change?

 $135,000 (total)

What is the value of the proposed change?

Reduce to $1 annual

What is the new/revised total value including change?

$1 annually.

If terms changing

Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)