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File #: 25-1425    Version: 1
Type: Resolution Status: Failed
File created: 9/19/2025 In control: Finance and Business
On agenda: 10/14/2025 Final action:
Title: A resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and GSZ LLC, Great Falls Family Limited Partnership, LLLP, Tremont Lewin Properties, LLC, and Ruth Ann West for the City to acquire the property located at 1460 and 1480 Tremont Place to support an affordable housing development project in the Central Business District, in Council District 10. Approves the Purchase and Sale Agreement with GSZ, LLC., Great Falls Family limited partnership, LLLP, Tremont Lewin Properties, LLC, and Ruth Ann West for $2,500,000.00 with an end date of 3-31-2026 for the property located at 1460 and 1480 Tremont Place to support an affordable housing development project in the Central Business District, in Council District 10 (FINAN-202581426). The last regularly scheduled Council meeting within the 30-day review period is on 11-3-2025. The Committee approved filing this item at its meeting on 9-30-2025.
Indexes: Melissa Mata
Attachments: 1. RR25-1425_DOF Resolution Request - 1460 Tremont Purchase and Sale Agreement, 2. FinBiz_1460 and 1480 Tremont Place Acquisition_9-30-2025.pdf, 3. 25-1425 Filed Resolution_1460 and 1480 Tremont Place PSA, 4. 25-1425_1460 and 1480 Tremont Place_Vendor Signed PSA, 5. 25-1425_Filed_Resolution_1460_and_1480_Tremont_Place_PSA

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

 

Date Submitted: 9-29-2025

 

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 resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and GSZ LLC, Great Falls Family Limited Partnership, LLLP, Tremont Lewin Properties, LLC, and Ruth Ann West for the City to acquire the property located at 1460 and 1480 Tremont Place to support an affordable housing development project in the Central Business District, in Council District 10.

Approves the Purchase and Sale Agreement with GSZ, LLC., Great Falls Family limited partnership, LLLP, Tremont Lewin Properties, LLC, and Ruth Ann West for $2,500,000.00 with an end date of 3-31-2026 for the property located at 1460 and 1480 Tremont Place to support an affordable housing development project in the Central Business District, in Council District 10 (FINAN-202581426). The last regularly scheduled Council meeting within the 30-day review period is on 11-3-2025. The Committee approved filing this item at its meeting on 9-30-2025.

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?