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File #: 16-0600    Version: 1
Type: Resolution Status: Adopted
File created: 8/9/2016 In control: Business, Arts, Workforce, & Aeronautical Services Committee
On agenda: 9/12/2016 Final action: 9/12/2016
Title: A resolution approving a proposed Loan Agreement between the City and County of Denver and Rocky Mountain Public Broadcasting Network, Inc. Approves a loan of $1.5 million to the Rocky Mountain Public Broadcasting Network, Inc. comprised of a $1 million performance-based loan as well as $500,000 repayable term loan to fund the design/soft costs of the real estate development at Arapahoe Square in Council District 9 (OEDEV201629108-00). The last regularly scheduled Council meeting within the 30-day review period is on 10-3-16. The Committee approved filing this bill at its meeting On 8-31-16.
Indexes: Debra Bartleson
Attachments: 1. RR16 0600 OED Resolution Request - RockyMtnPBS 080816.docm, 2. 16-0600_Rocky Mtn PBS 083116.pdf, 3. 16-0600 Filed Resolution_Rocky Mountain Public Broadcasting Network Inc.201629108-00, 4. CR16-0600_Loan Agreement.201629108-00, 5. 16-0600 Filed Resolution_Rocky Mountain Public Broadcasting Network Inc.201629108-00.pdf, 6. 16-0600 - RockyMntnPublicBroadcasting_.pdf

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

 

Date Submitted:

 

Requesting Agency:

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Item Title & Description:

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title

A resolution approving a proposed Loan Agreement between the City and County of Denver and Rocky Mountain Public Broadcasting Network, Inc.

Approves a loan of $1.5 million to the Rocky Mountain Public Broadcasting Network, Inc. comprised of a $1 million performance-based loan as well as $500,000 repayable term loan to fund the design/soft costs of the real estate development at Arapahoe Square in Council District 9 (OEDEV201629108-00).  The last regularly scheduled Council meeting within the 30-day review period is on 10-3-16.  The Committee approved filing this bill at its meeting On 8-31-16.

body

 

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Executive Summary with Rationale and Impact:

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