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File #: 20-0388    Version: 1
Type: Bill Status: Passed
File created: 4/21/2020 In control: City Council
On agenda: 5/4/2020 Final action: 5/4/2020
Title: A bill for an ordinance approving proposed Amendments to approximately ten Leases, Licenses and Concession Agreements in response to the COVID-19 health crisis, to be negotiated by the Director of Real Estate to provide relief for the tenants. Authorizes the Division of Real Estate to negotiate and amend commercial leases in City-owned buildings to provide three months of rent relief in response to the COVID-19 pandemic. The last regularly scheduled Council meeting within the 30-day review period is on 5-18-20. Councilmember Black approved filing this item on 4-23-20.
Indexes: Zach Rothmier
Attachments: 1. BR20 0388 DOF Rent Relief COVID, 2. 20-0388 Filed Bill_ten Leases, Licenses and Concession Agreements, 3. Exhibit A to 20-0388 Ten Leases, Licenses and Concession Agreements, 4. 20-0388 Filed Bill_ten Leases, Licenses and Concession Agreements, 5. 20-0388 - signed, 6. 20-0388 A bill for an ordinance approving proposed Amendments to approximately ten Leases, Licenses and Concession Agreements in response to the COVID-19 health crisis
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 4-21-20

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Lisa Lumley
Email: lisa.lumley@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 approving proposed Amendments to approximately ten Leases, Licenses and Concession Agreements in response to the COVID-19 health crisis, to be negotiated by the Director of Real Estate to provide relief for the tenants.
Authorizes the Division of Real Estate to negotiate and amend commercial leases in City-owned buildings to provide three months of rent relief in response to the COVID-19 pandemic. The last regularly scheduled Council meeting within the 30-day review period is on 5-18-20. Councilmember Black approved filing this item on 4-23-20.
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
EXECUTIVE SUMMARY

The Department of Finance is seeking City Council approval of an ordinance that will authorize the Division of Real Estate to negotiate and amend commercial leases in City-owned buildings to provide 3 months of rent relief in light of the COVID-19 pandemic.

* Because of COVID-19, City buildings are closed and/or nearly vaca...

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