The Committee approved filing this [resolution / bill] by consent on [DATE].
The last regularly scheduled Council meeting within the 30-day review period is on [DATE].
Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 10-25-16
Requesting Agency: OED
Division:
* Name: Susan Liehe
* Phone: 720.913.1689
* 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
A resolution approving a proposed Ninth Amendment and Modification Agreement between the City and County of Denver and Sable Ridge Development, LLC, amending the terms of the loan and assigning a portion of the loan to Sable Ridge Apartments, LLC.
Amends a loan agreement with Sable Ridge Development, LLC to allow for the partial assumption through a new loan agreement in the amount of $1 million of the outstanding loan balance by Sable Ridge Apartments, LLC an affiliated entity, and to confirm repayment terms for the remaining balance for the development of new low- to moderate-income housing in Council District 11 (GE04001-09). The last regularly scheduled Council meeting within the 30-day review period is on 12-5-16. The Committee approved filing this resolution by consent on 11-2-16.
body
Affected Council District(s) or citywide? CD 11
Contract Control Number: GE04001-09
Vendor/Contractor Name (including any "DBA"): Sable Ridge Development, LLC.
Type and Scope of services to be performed:
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession c...
Click here for full text