Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 9-11-2023
Requesting Agency: Housing Stability
Division:
Subject Matter Expert Name: Justin Hill
Email Address: justin.hill@denvergov.org <mailto:justin.hill@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 Senior Housing Options, Inc. for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors.
Approves a funding agreement with Senior Housing Options, Inc., for $1,345,000 in American Rescue Plan Act (ARPA) funds for rehabilitation of 40 income restricted units known as Park Hill Residence serving very low-income seniors, in Council District 9 (HOST-202368777). The last regularly scheduled Council meeting within the 30-day review period is on 10-23-2023. The Committee approved filing this item at its meeting on 9-13-2023.
body
Affected Council District(s) or citywide?
Council District 0
Contract Control Number:
HOST-202368777
Vendor/Contractor Name (including any “DBA”):
Senior Housing Options, Inc.
Type and Scope of services to be performed:
HOST required Senior Housing Options (SHO) to order a 20-year Capital Needs Assessment (CAN) for Park Hill Residence. The CNA outlined $321,535 in capex, modernization, and upgrades that should be addressed in the next two years, however an updated scope was completed in June 2022 and a majority of capital needs will now be addressed in the immediate future. Acquired and partially renovated by Senior Housing Options in 1996, the two-story, brick building was built in 1942 for use as a convent. During the initial renovation in 1996 an elevator was installed to compliment the four sets of stairs. This renovation will address the complete replacement of the elevator, create common spaces for the residents, and provide a small accessible kitchen which is now required in all assisted living facilities. As part of the immediate needs, all original single-pane windows will be replaced, and new kitchen appliances will be installed. All improvements will be required to meet energy codes and among those changes will be full LED lighting and low-flow fixtures.
Location (if applicable):
1901 North Eudora Street Denver CO
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
Term of initial contract:
At closing, Grantee shall execute a covenant in form satisfactory to the City (“Covenant”), setting forth the rental and occupancy limitations. The Covenant shall encumber the Property for sixty (60) years from the date of the recording of the Covenant.
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:
$1,345,000
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?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)