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File #: 20-0833    Version: 1
Type: Resolution Status: Adopted
File created: 8/12/2020 In control: Finance & Governance Committee
On agenda: 8/31/2020 Final action: 8/31/2020
Title: A resolution approving a proposed Lease Agreement between the City and County of Denver and Dencom, LLC for property located at 4600 East 48th Avenue to support emergency sheltering needs for those experiencing homelessness. Approves a lease agreement with DENCOM, LLC for $19,840,480.40 and for ten years, with two five-year options to extend, to support emergency sheltering needs for those experiencing homelessness at a facility located at 4600 East 48th Avenue in Council District 8 (FINAN-202055687). The last regularly scheduled Council meeting within the 30-day review period is on 9-21-20. The Committee approved filing this item at its meeting on 8-18-20.
Indexes: Zach Rothmier
Attachments: 1. RR20 0833 DOF 4600 E 48th Avenue, 2. 4600 E 48th Avenue Slide Deck 8.17.2020_FINAL, 3. 4600 E 48th Avenue Slide Deck 8.17.2020_FINAL, 4. 4600 E 48th Avenue Slide Deck 8.17.2020_FINALREVISED, 5. 4600 E 48th Avenue Slide Deck 8.17.2020_FINALREVISED, 6. 20-0833 Filed Resolution_Dencom LLC_202055687-00.pdf, 7. 20-0833 Lease Agr_Dencom_202055687-00.pdf, 8. 20-0833 Filed Resolution_Dencom LLC, 9. 20-0833 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 8-12-20

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 resolution approving a proposed Lease Agreement between the City and County of Denver and Dencom, LLC for property located at 4600 East 48th Avenue to support emergency sheltering needs for those experiencing homelessness.
Approves a lease agreement with DENCOM, LLC for $19,840,480.40 and for ten years, with two five-year options to extend, to support emergency sheltering needs for those experiencing homelessness at a facility located at 4600 East 48th Avenue in Council District 8 (FINAN-202055687). The last regularly scheduled Council meeting within the 30-day review period is on 9-21-20. The Committee approved filing this item at its meeting on 8-18-20.
body

Affected Council District(s) or citywide? Council District 8

Contract Control Number: FINAN-202055687

Vendor/Contractor Name (including any "DBA"): DENCOM, LLC,

Type and Scope of services to be performed:
Lease Agreement, on behalf of HOST, to support sheltering needs for those experiencing homelessness. There is an increased need of this type of sheltering due to impacts from COVID-19. The term of the lease is 10 years with 2 additional 5-year extension options. The City is res...

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