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File #: 17-0973    Version: 1
Type: Bill Status: Passed
File created: 8/22/2017 In control: Business, Arts, Workforce, & Aeronautical Services Committee
On agenda: 9/11/2017 Final action:
Title: A bill for an ordinance concerning the incurrence of a Junior Lien Obligation under the General Junior Lien Bond Ordinance in connection with certain payments required to be made under the Great Hall Development Agreement; providing for the creation of a related account in connection therewith; ratifying action previously taken; providing for other related matters; and providing the effective date hereof. Authorizes the incurrence of a Junior Lien Obligation for the Great Hall Project, pursuant to the Airport System General Junior Lien Bond Ordinance and Great Hall Development Agreement, to allow the City to fulfill legal obligations for supplemental payments as outlined in the Great Hall development agreement. The last regularly scheduled Council meeting within the 30-day review period is on 10-2-17. The Committee approved filing this bill by consent on 8-30-17.
Indexes: Debra Bartleson
Attachments: 1. BR17 0973 DOF Junior Lien Obligation Ordinance Request, 2. 17-0973 Filed Ordinance_Great Hall Junior Lien, 3. 17-0973 Filed Ordinance_Great Hall Junior Lien.pdf, 4. 17-0973 - signed.pdf, 5. 17-0973 Filed Bill_Incurrence fo a Junior Lien Obligation under General Junior Lien Bond
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 08-22-17

Requesting Agency: Department of Finance
Division:

* Name: Guadalupe Gutierrez
* Phone: 720-913-9370
* Email: lupe.gutierrez@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 concerning the incurrence of a Junior Lien Obligation under the General Junior Lien Bond Ordinance in connection with certain payments required to be made under the Great Hall Development Agreement; providing for the creation of a related account in connection therewith; ratifying action previously taken; providing for other related matters; and providing the effective date hereof.
Authorizes the incurrence of a Junior Lien Obligation for the Great Hall Project, pursuant to the Airport System General Junior Lien Bond Ordinance and Great Hall Development Agreement, to allow the City to fulfill legal obligations for supplemental payments as outlined in the Great Hall development agreement. The last regularly scheduled Council meeting within the 30-day review period is on 10-2-17. The Committee approved filing this bill by consent on 8-30-17.
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.
The proposed ordinance allows for the incurrence of a Junior Lien Obligation pursuant to the Airport System General Junior Lien Bond Ordinance. This is an admi...

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