City and County of Denver - File #: 24-1447

• File #: 24-1447
• Version: 1
• Type: Bill
• Status: Passed
• File created: 10/14/2024
• In control: Business, Arts, Workforce, Climate & Aviation Services Committee
• On agenda: 11/4/2024
• Final action: 11/13/2024
• Title: A bill for an ordinance concerning the Airport Facilities of the City and County of Denver; authorizing the incurrence of the Interim Revolving Note Subordinate Obligation under the General Subordinate Bond Ordinance in a maximum aggregate principal amount not to exceed $500,000,000 at any time in connection with a note purchase agreement to be entered into for the purposes of defraying the costs of certain approved projects, and providing other details in connection therewith; providing the maximum rate and other terms and other details of the Interim Revolving Note Subordinate Obligation, which shall be evidenced by a note purchase agreement and a note; authorizing the execution of certain related agreements; ratifying action previously taken; providing for other related matters; and providing the effective date of this ordinance. Authorizes the Manager of Finance, for and on behalf of its Department of Aviation, Airport System Tax-Exempt Interim Revolving Note Subordinate Obligation...
• Indexes: Melissa Mata

Date	Ver.	Action By	Action	Result
11/13/2024	1	Mayor	signed
11/12/2024	1	Council President	signed
11/12/2024	1	City Council	placed upon final consideration and do pass	Pass
11/4/2024	1	City Council	ordered published
10/23/2024	1	Business, Arts, Workforce, Climate & Aviation Services Committee	approved for filing	Pass

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 10-22-2024

Requesting Agency: DOF
Division:

Subject Matter Expert Name: Carolina Flores
Email Address: Carolina.flores@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 bill for an ordinance concerning the Airport Facilities of the City and County of Denver; authorizing the incurrence of the Interim Revolving Note Subordinate Obligation under the General Subordinate Bond Ordinance in a maximum aggregate principal amount not to exceed $500,000,000 at any time in connection with a note purchase agreement to be entered into for the purposes of defraying the costs of certain approved projects, and providing other details in connection therewith; providing the maximum rate and other terms and other details of the Interim Revolving Note Subordinate Obligation, which shall be evidenced by a note purchase agreement and a note; authorizing the execution of certain related agreements; ratifying action previously taken; providing for other related matters; and providing the effective date of this ordinance.
Authorizes the Manager of Finance, for and on behalf of its Department of Aviation, Airport System Tax-Exempt Interim Revolving Note Subordinate Obligation, Series 2024A (the "Note"), in an amount not to exceed $500 million for the purpose of providing cash flow for current projects in the airport's existing 2023-2035 Capital Improvement Plan, in Council District 11. The Committee approved ...