|
Title:
|
Approves a project reimbursement agreement with Aviation Station North Metropolitan District No. 1 and Smith Metropolitan District No. 1 to reimburse Denver International Airport for $17 million of the up-front funding for the Phase 1 improvements for the Peña Station Area to be paid back at 5% interest for a maximum of $35.6 million over 40 years (201521613). The term of the agreement is based on the contractor's obligation to repay the City is met. (BUSINESS DEVELOPMENT) Approves a project reimbursement agreement with Aviation Station North Metropolitan District No. 1 and Smith Metropolitan District No. 1 to reimburse Denver International Airport for $17 million of the up-front funding for the Phase 1 improvements for the Peña Station Area to be paid back at 5% interest for a maximum of $35.6 million over 40 years (201521613). The term of the agreement is based on the obligation of the contractors to repay the City is met. The last regularly scheduled Council meeting within the 30-...
|