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File #: 21-1394    Version: 1
Type: Resolution Status: Adopted
File created: 11/8/2021 In control: Finance & Governance Committee
On agenda: 12/6/2021 Final action: 12/6/2021
Title: A resolution approving a proposed Equipment Lease Purchase Agreement between the City and County of Denver and JPMorgan Chase Bank, N.A., to purchase Energy Conservation Measure Equipment. Authorizes the Manager of Finance to enter into a capital lease purchase agreement, on behalf of the Department of General Services, to purchase Energy Conservation Measure Equipment via Energy Performance Contracting in a principal amount not to exceed $15 million. The last regularly scheduled Council meeting within the 30-day review period is on 12-20-21. The Committee approved filing this item at its meeting on 11-16-21.
Indexes: Zach Rothmier
Attachments: 1. RR21 1394 DOF ESCO - Lease Purchase Request, 2. RR21 1394 DOF ESCO - Lease Purchase Exhibit, 3. 21-1394 Filed Resolution_JPMorgan Chase Bank NA 202161239-00, 4. 21-1394 Equipment Lease Purchase Agreement JPMorgan Chase Bank, N.A., 202161239-00, 5. 21-1394 Filed Resolution_JPMorgan Chase Bank NA, 6. 21-1394 - signed
Finance Item/Grant Request Template

Date Submitted: 11-8-21

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Kiki Turner; Hannah Stewart
Email: Kiki.Turner@denvergov.org; Hannah.Stewart@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 Equipment Lease Purchase Agreement between the City and County of Denver and JPMorgan Chase Bank, N.A., to purchase Energy Conservation Measure Equipment.
Authorizes the Manager of Finance to enter into a capital lease purchase agreement, on behalf of the Department of General Services, to purchase Energy Conservation Measure Equipment via Energy Performance Contracting in a principal amount not to exceed $15 million. The last regularly scheduled Council meeting within the 30-day review period is on 12-20-21. The Committee approved filing this item at its meeting on 11-16-21.
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This resolution seeks approval to finance the purchase of energy conservation measure implementation equipment ("Equipment") via a capital equipment lease agreement on behalf of Department of General Services ("GS"). The Equipment provides ...

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