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File #: 16-0794    Version: 1
Type: Resolution Status: Adopted
File created: 9/1/2016 In control: Finance & Governance Committee
On agenda: 9/13/2016 Final action: 10/10/2016
Title: A resolution approving a proposed Lease Agreement between the City and County of Denver and Bolder Enterprises, LLC for property located at 5300 Franklin. Approves a new shorter lease agreement with Boulder Enterprises, LLC through April 2017 for $1 per month in rent for property at 5300 Franklin Street on the National Western Center campus that needs to be demolished due to structural issues at a cost of $508,000 in early lease termination fees to the City in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 10-31-16. The Committee approved filing this resolution on 9-13-16.
Indexes: Shelley Smith
Attachments: 1. RR16 0794 DOF Ordinance Request - Bolder Enterprises, 2. MEMORANDUM REGARDING LEASES AT 5300 FRANKLIN STREET, 3. 16-0794 Filed Resolution_Bolder Enterprises, LLC 201630846-00, 4. 16-0794 Filed Agreement_Bolder Enterprises 201630846-00, 5. 16-0794 Filed Resolution_Bolder Enterprises, LLC 201630846-00_final_.pdf
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 9 1 16

Requesting Agency: DOF
Division: Real estate

Subject Matter Expert Name: Lisa Lumley
Phone: 720.913.1515
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 Bolder Enterprises, LLC for property located at 5300 Franklin.
Approves a new shorter lease agreement with Boulder Enterprises, LLC through April 2017 for $1 per month in rent for property at 5300 Franklin Street on the National Western Center campus that needs to be demolished due to structural issues at a cost of $508,000 in early lease termination fees to the City in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 10-31-16. The Committee approved filing this resolution on 9-13-16.
body

Affected Council District(s) or citywide? 9

Contract Control Number:

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

Type and Scope of services to be performed:
Lease agreement
Location (if applicable):
5300 Franklin Street
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):

Are WBE/MBE/DBE goals met (if applicable)?

Is the contract new/a renewal/extension or amendment?
New
Was this contractor selected by competitive process or sole source?

For New contracts
Term of initial contract: Through 4/2017

Options for Renewal:
How many renewals (i.e....

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