City and County of Denver - File #: 22-1525

• File #: 22-1525
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 11/14/2022
• In control: Finance & Governance Committee
• On agenda: 12/5/2022
• Final action: 12/5/2022
• Title: A resolution approving a proposed Amendatory Agreement between the City and County of Denver and JP Morgan Chase Bank, N.A. allowing payments to be processed to the fleet vendor via the escrow bank and to align fleet equipment specifications with Colorado vehicle width laws. Amends a capital lease purchase agreement with JP Morgan Chase Bank, N.A. to modify the exhibits, allowing payments to be processed to the fleet vendor via the escrow bank and to align fleet equipment specifications with Colorado vehicle width laws. No change to agreement amount or duration (FINAN-202265653/202262871-01). The last regularly scheduled Council meeting within the 30-day review period is on 12-19-2022. The Committee approved filing this item at its meeting on 11-22-2022.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
12/5/2022	1	Council President	signed
12/5/2022	1	City Council	adopted	Pass
11/22/2022	1	Finance & Governance Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-21-2022

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Hannah Stewart
Email Address: Hannah.Stewart@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 resolution approving a proposed Amendatory Agreement between the City and County of Denver and JP Morgan Chase Bank, N.A. allowing payments to be processed to the fleet vendor via the escrow bank and to align fleet equipment specifications with Colorado vehicle width laws.
Amends a capital lease purchase agreement with JP Morgan Chase Bank, N.A. to modify the exhibits, allowing payments to be processed to the fleet vendor via the escrow bank and to align fleet equipment specifications with Colorado vehicle width laws. No change to agreement amount or duration (FINAN-202265653/202262871-01). The last regularly scheduled Council meeting within the 30-day review period is on 12-19-2022. The Committee approved filing this item at its meeting on 11-22-2022.
body

Affected Council District(s) or citywide? Citywide

Contract Control Number: (FINAN-202265653/202262871-01).

Vendor/Contractor Name (including any "DBA"): JP Morgan Chase Bank, N.A.

Type and Scope of services to be performed:

The City and the Lessor (JP Morgan Chase Bank, N.A.) previously entered into a capital equipment lease purchase agreement dated May 20, 2022, related to the purchase of fleet vehicles ("Equipment") on behalf of the City's Department of Transportation and Infrastruct...