Denver Legistar banner



File #: 23-0572    Version: 1
Type: Bill Status: Passed
File created: 5/8/2023 In control: Finance & Governance Committee
On agenda: 6/5/2023 Final action: 6/14/2023
Title: A bill for an ordinance making a rescission from and an appropriation in the Capital Improvements and Capital Maintenance Fund. Approves a transfer of $5,000,000 from Capital Program PB001 - NWC Triangle Project fund to Capital Program NX002 - NWC Equestrian Center Project fund to support procurement activities, assessments, and design of the equestrian center and potential hotel at the National Western Center campus in Council District 9. The Committee approved filing this item at its meeting on 5-16-2023.
Indexes: Lucas Palmisano
Attachments: 1. BR23-0572_DOF_CPP_Triangle Reappropriation_FINAL, 2. National Western Center EQC Council Presentation_V2 share (004) presentation, 3. CB23-0572_DOF_Triangle_Rescind & Approp, 4. 23-0572 Filed Bill_DOF_Triangle_Rescind & Approp, 5. 23-0572 - signed, 6. 23-0572 For an ordinance making a rescission from and an appropriation in the Capital
Finance Item/Grant Request Template

Date Submitted: 5-15--2023

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Jackson Brockway
Email Address: Jackson.Brockway@denvergov.org
Phone Number:

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 making a rescission from and an appropriation in the Capital Improvements and Capital Maintenance Fund.
Approves a transfer of $5,000,000 from Capital Program PB001 - NWC Triangle Project fund to Capital Program NX002 - NWC Equestrian Center Project fund to support procurement activities, assessments, and design of the equestrian center and potential hotel at the National Western Center campus in Council District 9. The Committee approved filing this item at its meeting on 5-16-2023.
body

Affected Council District(s) or citywide? 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
In the 2020 Annual Budget, $5 Million was appropriated into Capital Program PB001 to support the procurement process for the National Western Center Triangle project (Phases 3-8). This project was deferred due to COVID-19. As work on Phases 1-2 continues, specific funding needs have been identified to support the development of the Equestrian Center and potentially a hotel. Initial funds will be used to support procurement activities, studies/assessments, design and potentially capital delivery of the Equestrian Center project and a hotel. Further detail on the use of these fun...

Click here for full text