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File #: 17-0924    Version: 1
Type: Bill Status: Passed
File created: 8/10/2017 In control: Finance & Governance Committee
On agenda: 8/21/2017 Final action:
Title: A bill for an ordinance approving a proposed Cooperation Agreement between the City and County of Denver and The Denver Urban Renewal Authority for the Emily Griffith Opportunity School Property Tax Increment Area and Sales Tax Increment Area. Approves a cooperation agreement with the Denver Urban Renewal Authority for the Emily Griffith Opportunity School Redevelopment Area to establish the parameters for tax increment financing with incremental sales and property taxes in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 8-28-17. The Committee approved filing this bill at its meeting on 7-25-17.
Attachments: 1. BR17 0924 DOF Emily Griffith Opportunity School Property Tax Increment Area Draft Language, 2. BR17 0924 DOF Emily Griffith Opportunity School Property Tax Increment Area, 3. 17-0924 Filed Bill_EGOS, CCD & DURA 201736228-00, 4. 17-0924 Cooperation Agreement_Emily Griffith Opportunity School 201736228-00, 5. 17-0924 Filed Bill_EGOS, CCD & DURA 201736228-00.pdf, 6. 17-0924 - signed.pdf, 7. 17-0924 Filed_Bill_Proposed Cooperation Agreement with Denver Urban Renewal Authority for Emily Griffith Opportunity School
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 07-18-17

Requesting Agency: Department of Finance
Division:

* Name: Tracy Huggins, Executive Director, Denver Urban Renewal Authority
* Phone: 303-534-3872
* Email: Thuggins@renewdenver.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 approving a proposed Cooperation Agreement between the City and County of Denver and The Denver Urban Renewal Authority for the Emily Griffith Opportunity School Property Tax Increment Area and Sales Tax Increment Area.
Approves a cooperation agreement with the Denver Urban Renewal Authority for the Emily Griffith Opportunity School Redevelopment Area to establish the parameters for tax increment financing with incremental sales and property taxes in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 8-28-17. The Committee approved filing this bill at its meeting on 7-25-17.
body

Affected Council District(s) or citywide? Council District 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This ordinance approves a Cooperation Agreement between the City and County of Denver and the Denver Urban Renewal Authority (DURA) for the sales and property tax increment areas within the Emily Griffith Opportunity School Urban Redevelopment Area.

The Emily Griffith Opportunity School Urban Redevelopment Area ("Area") is...

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