City and County of Denver - File #: 17-0043

• File #: 17-0043
• Version: 1
• Type: Bill
• Status: Passed
• File created: 1/10/2017
• In control: Finance & Governance Committee
• On agenda: 1/30/2017
• Title: A bill for an ordinance approving a proposed Fourth Amendment to Cooperative Agreement between the City and County of Denver and Denver Botanic Gardens, Inc., amending the existing Cooperative Agreement in conjunction with the refunding Certificates of Participation transaction, Series 2017A. Amends the existing cooperative agreement with the Denver Botanic Gardens in conjunction with the refunding Certificates of Participation transaction, Series 2017A in companion bill 17-0042 above. The last regularly scheduled Council meeting within the 30-day review period is on 2-21-17. The Committee approved filing this bill at its meeting on 1-24-17.
• Indexes: Shelley Smith

Date	Ver.	Action By	Action	Result
2/8/2017	1	Mayor	signed
2/7/2017	1	Council President	signed
2/6/2017	1	City Council	placed upon final consideration and do pass	Pass
1/30/2017	1	City Council	ordered published on first reading
1/24/2017	1	Finance & Governance Committee	approved for filing	Pass

Finance Item/Grant Request Template

Date Submitted: 1-10-17

Requesting Agency: Finance
Division:

* Name: Beth Strauss
* Phone: 720-913-5208
* Email: beth.strauss@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 bill for an ordinance approving a proposed Fourth Amendment to Cooperative Agreement between the City and County of Denver and Denver Botanic Gardens, Inc., amending the existing Cooperative Agreement in conjunction with the refunding Certificates of Participation transaction, Series 2017A.
Amends the existing cooperative agreement with the Denver Botanic Gardens in conjunction with the refunding Certificates of Participation transaction, Series 2017A in companion bill 17-0042 above. The last regularly scheduled Council meeting within the 30-day review period is on 2-21-17. The Committee approved filing this bill at its meeting on 1-24-17.
body

Affected Council District(s) or citywide? CD 10

Executive Summary with Rationale and Impact:
Authorizes a fourth amendment to the Cooperative Agreement between the City and County of Denver and Denver Botanic Gardens, Inc., to allow continued payments under amendment of the Lease Purchase Agreement No. 2008B and to ensure continued compliance with Federal tax law. In November 2008, the City executed a Lease Purchase Agreement under which the Trustee entered into a certificates of participation (COPs) transaction for proceeds used at the Denver Botanic Gardens to provide funding for the construction of the parking garage at the Denver Botanic Garde...