Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 9-7-21
Requesting Agency: Denver Economic Development and Opportunity
Division:
Subject Matter Expert Name:
Name: Susan Liehe 720-480-3481 (m)
Email: susan.liehe@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
Approves a contract with Tepeyac QALICB, Inc. for $500,000 and through 12-31-21 using U.S. Housing and Urban Development (HUD) Community Development Block Grant funds to support the development of the Vina Project at 4725 High Street in Council District 9 (OEDEV-202159172).
body
Affected Council District(s) or citywide? Council District 9
Contract Control Number: OEDEV-202159172
Vendor/Contractor Name (including any "DBA"): Tepeyac QALICB, Inc.
Type and Scope of services to be performed:
This funding contract relates to the affordable mixed-use development at Vi?a, located at 4725 High St. (48th and Race), an exciting first phase of a six-acre development that will deliver affordable housing, fresh food, and expanded healthcare to the Globeville and Elyria-Swansea neighborhoods. Nonprofit health provider Clin?ca Tepeyac will be the ground-level commercial space.
In 2016 DEDO granted Tepeyac Community Health Center (TCHC) a $1,050,000 fifteen-year forgivable loan with CDBG funds that supported the acquisition of the ground-level portion of 4725 High St. Now as the project has secured its funding stack as shown below, DEDO is supporting design and development costs with $500,000 of regular CDBG funds as well as $50...
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