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File #: 20-1306    Version: 1
Type: Resolution Status: Adopted
File created: 11/2/2020 In control: Finance & Governance Committee
On agenda: 11/23/2020 Final action: 11/23/2020
Title: A resolution approving a proposed Amended and Restated Lease Purchase Agreement No. 2020 (Central Platte Campus Facilities) between Central Platte Campus Facilities Leasing Trust 2020 and the City and County of Denver and a proposed Amended and Restated Facilities Lease No. 2020 (Central Platte Campus Facilities) in conjunction with the refunding of 2010A Certificates of Participation and 2010B Certificates of Participation with the proposed Series 2020A-1 and A-2 Refunding Certificates of Participation. Authorizes the Manager of Finance, on behalf of the City, to amend and restate the 2010A Lease Purchase Agreement for the purpose of refunding all the outstanding Series 2010A and Series 2010B Certificates of Participation, including paying costs of issuance, with the proceeds of Series 2020A-1(taxable) and Series 2020A-2 (tax-exempt) Certificates of Participation, in a principal amount not to exceed $20.5 million. The last regularly scheduled Council meeting within the 30-day review ...
Indexes: Zach Rothmier
Attachments: 1. RR20 1306 DOF 2020 COP Refunding, 2. 2020A1-2 COP Overview - Finance Committee Presentation11.3_Final, 3. 2020A1-2 COP Overview - Finance Committee Presentation11.3_Final, 4. 20-1306 Filed Resolution_ Amended and Restated Lease Purchase Agreement No. 2020 (Central Platte Campus Facilities) between Central Platte Campus Facilities, 5. 20-1306 Lease Purchase Agreement No. 2020 (52380325v3) (2) Final CCF# 20100843E, 6. 20-1306 Facilities Lease No. 2020 (52380756v3) (2) Final CCF# 20100843F, 7. 20-1306 Filed Resolution_ Amended and Restated Lease Purchase Agreement No. 2020 (Central Platte Campus Facilities) between Central Platte Campus Fac, 8. 20-1306 - signed
Finance Item/Grant Request Template

Date Submitted: 11-02-20

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Kiki Turner / Guadalupe Gutierrez-Vasquez
Email: Kiki.Turner@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 Amended and Restated Lease Purchase Agreement No. 2020 (Central Platte Campus Facilities) between Central Platte Campus Facilities Leasing Trust 2020 and the City and County of Denver and a proposed Amended and Restated Facilities Lease No. 2020 (Central Platte Campus Facilities) in conjunction with the refunding of 2010A Certificates of Participation and 2010B Certificates of Participation with the proposed Series 2020A-1 and A-2 Refunding Certificates of Participation.
Authorizes the Manager of Finance, on behalf of the City, to amend and restate the 2010A Lease Purchase Agreement for the purpose of refunding all the outstanding Series 2010A and Series 2010B Certificates of Participation, including paying costs of issuance, with the proceeds of Series 2020A-1(taxable) and Series 2020A-2 (tax-exempt) Certificates of Participation, in a principal amount not to exceed $20.5 million. The last regularly scheduled Council meeting within the 30-day review period is on 12-14-20. The Committee approved filing this item at its meeting on 11-10-20.
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed descript...

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