Finance Item/Grant Request Template
Date Submitted: 10-11-2016
Requesting Agency: OED
Division:
Contact Info:
§ Name: Susan Liehe
§ Phone: (720) 913-1689
§ Email: susan.liehe@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 resolution approving a proposed Sixth Amendment and Modification Agreement between the City and County of Denver and REDI Corporation to increase the amount of permitted prior encumbrances to the City’s Deed of Trust.
Approves an increase in the encumbrance amount from $470,000 to $500,000 for affordable housing with REDI Corporation related to the development of creating 15 affordable housing units for senior residents at 50% AMI or less located at 2119-23 High Street in Council District 9 (OEDEV-GE89006). The last regularly scheduled Council meeting within the 30-day review period is on 11-21-16.
The Committee approved filing this resolution by consent on 10-20-16.
body
Affected Council District(s) or citywide? CD 9
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Amount:
Budget Year:
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: