City and County of Denver - File #: 20-1041

• File #: 20-1041
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 9/21/2020
• In control: Finance & Governance Committee
• On agenda: 10/12/2020
• Final action: 10/12/2020
• Title: A resolution approving a proposed Purchase And Sale Agreement between the City and County of Denver and Denver Police Activities League, Inc. for the purchase of real property located at 1240 West Bayaud Avenue. Approves a purchase and sale agreement with Denver Police Activities League, Inc. for $3 million for the City to acquire property located at 1240 West Bayaud Avenue to utilize the space for youth-focused activities in Council District 7 (FINAN-202055776-00). The last regularly scheduled Council meeting within the 30-day review period is on 11-2-20. The Committee approved filing this item at its meeting on 9-29-20.
• Indexes: Zach Rothmier

Date	Ver.	Action By	Action	Result
10/12/2020	1	Council President	signed
10/12/2020	1	City Council	adopted	Pass
9/29/2020	1	Finance & Governance Committee	approved for filing

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 9-21-20

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Jeff Steinberg
Email: Jeffrey.Steinberg@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 Purchase And Sale Agreement between the City and County of Denver and Denver Police Activities League, Inc. for the purchase of real property located at 1240 West Bayaud Avenue.
Approves a purchase and sale agreement with Denver Police Activities League, Inc. for $3 million for the City to acquire property located at 1240 West Bayaud Avenue to utilize the space for youth-focused activities in Council District 7 (FINAN-202055776-00). The last regularly scheduled Council meeting within the 30-day review period is on 11-2-20. The Committee approved filing this item at its meeting on 9-29-20.
body

Affected Council District(s) or citywide? Council District 7

Contract Control Number: FINAN-202055776-00

Vendor/Contractor Name (including any "DBA"): Denver Police Activities League, Inc.,

Type and Scope of services to be performed:
The Division of Real Estate, on behalf of DEDO, proposes to purchase the property from Denver Police Activities League, Inc., a Colorado Non-profit corporation in the amount of $3,000,000. A fully executed Purchase and Sale Agreement is critical for CCD and DEDO to move forward with securing the space for youth-focused activities.
Location (if applicable):

WBE...