Finance Item/Grant Request Template
Date Submitted: 10-31-17
Requesting Agency: Finance
Division:
* Name: Andrew Johnston
* Phone: 720-913-9372
* Email: Andrew.Johnston@denvergov.org
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 authorizing the transfer of funds from the Wastewater Management Enterprise Fund to the Grant Projects Fund.
Transfers up to $727,252 from the Wastewater Enterprise Fund to the Capital Special Revenue Fund number 38302 to address a negative cash balance as a result of underperformance in sales and property tax increment revenue from the South Broadway/Montgomery Ward Urban Renewal Area in Council District 7. The Committee approved filing this bill by consent on 11-7-17.
body
Affected Council District(s) or citywide? Citywide & Council District 7
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This request is an administrative clean-up action to transfer up to $727,252 in cash from the Wastewater Enterprise Fund (fund 72100) to Capital Special Revenue fund number 38302 Center Avenue Storm Improvement (a/k/s Dakota Outfall) to address a negative cash balance as a result of underperformance in sales and property tax increment revenue from the South Broadway/Montgomery Ward Urban Renewal Area. The W. Dakota Avenue Storm Water Outfall and Street Improvements project funding agreement between the City, DURA, and the BMP Metropolitan District #1 was approved by City Council in ...
Click here for full text