City and County of Denver - File #: 23-0004

• File #: 23-0004
• Version: 1
• Type: Bill
• Status: Passed
• File created: 12/27/2022
• In control: Finance & Governance Committee
• On agenda: 1/23/2023
• Final action: 1/23/2023
• Title: A bill for an ordinance making an appropriation in the Grant and Other Money Projects Fund Series to make a cash transfer to the Capital Improvements and Capital Maintenance Fund Series. Approves a cash transfer of $8,704,165.61 from the East Corridor Fund (38349) to the Public Works Improvement Projects Fund (31050) for budget appropriations of the Regional Transportation District's final repayment of sales and use tax funds remaining in contingency per the East Corridor intergovernmental agreement for the Eagle Project. The Committee approved filing this item at its meeting on 1-3-2023.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
1/24/2023	1	Mayor	signed
1/24/2023	1	Council President	signed
1/23/2023	1	City Council	placed upon final consideration and do pass	Pass
1/17/2023	1	City Council	ordered published
1/3/2023	1	Finance & Governance Committee	approved by consent	Pass

Finance Item/Grant Request Template

Date Submitted: 12/26/22

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Kiki Turner
Email Address: kiki.turner@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 making an appropriation in the Grant and Other Money Projects Fund Series to make a cash transfer to the Capital Improvements and Capital Maintenance Fund Series.
Approves a cash transfer of $8,704,165.61 from the East Corridor Fund (38349) to the Public Works Improvement Projects Fund (31050) for budget appropriations of the Regional Transportation District's final repayment of sales and use tax funds remaining in contingency per the East Corridor intergovernmental agreement for the Eagle Project. The Committee approved filing this item at its meeting on 1-3-2023.
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.

This ordinance approves a transfer of $8,704,165.61 from East Corridor Fund 38349 to the Public Works Improvement Projects Fund 31050.

In 2012, the East Corridor IGA First Amendment between the City and County of Denver (City) and the Regional Transportation District (RTD) (First Amendment) was executed to provide funding for the Eagle Project, a public private partnership to extend commuter rail services in the Denver Metro area. Per the terms of the agreement, the City would provide RTD an "advance" of sa...