City and County of Denver - File #: 23-0160

• File #: 23-0160
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 2/13/2023
• In control: Finance & Governance Committee
• On agenda: 3/13/2023
• Final action: 3/13/2023
• Title: A resolution approving a proposed Fifth Amendment to Sublease Agreement between the City and County of Denver and DP Media Network LLC to continue subleasing office space at 101 West Colfax Avenue. Amends a lease agreement with DP Media Network, LLC by adding $1,908,964.50 for a new total of $43,475,016.90 and 19 months for a new end date of 2-28-2025 to continue leasing needed city office space on the 7th floor of the Denver Post building at 101 West Colfax Avenue in Council District 9 (FINAN- 201626030-00/ FINAN-202366679-05). The last regularly scheduled Council meeting within the 30-day review period is on 4-3-2023. The Committee approved filing this item at its meeting on 2-28-2023.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
3/13/2023	1	Council President	signed
3/13/2023	1	City Council	adopted	Pass
2/28/2023	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 2-20-2023

Requesting Agency: Finance
Division: Real Estate

Subject Matter Expert Name: Lisa Lumley
Email Address: Lisa.Lumley@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 resolution approving a proposed Fifth Amendment to Sublease Agreement between the City and County of Denver and DP Media Network LLC to continue subleasing office space at 101 West Colfax Avenue.
Amends a lease agreement with DP Media Network, LLC by adding $1,908,964.50 for a new total of $43,475,016.90 and 19 months for a new end date of 2-28-2025 to continue leasing needed city office space on the 7th floor of the Denver Post building at 101 West Colfax Avenue in Council District 9 (FINAN- 201626030-00/ FINAN-202366679-05). The last regularly scheduled Council meeting within the 30-day review period is on 4-3-2023. The Committee approved filing this item at its meeting on 2-28-2023.
body

Affected Council District(s) or citywide? 9

Contract Control Number: FINAN- 201626030-00/ FINAN-202366679-05

Vendor/Contractor Name (including any "DBA"): DP Media Network, LLC

Type and Scope of services to be performed:
Executive Summary - DP Media Network 5th Amendment

CCD first entered into a sublease agreement at 101 W. Colfax Avenue in 2016 to address FTE growth requirements. CCD currently subleases space on the 1st, 7th, 8th, 9th and 11th floors for a total of 144,988 square feet. The lease for the 1st and 7th floors expires 8/31/2023.

The Fifth Ame...