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File #: 17-0331    Version: 1
Type: Bill Status: Passed
File created: 3/13/2017 In control: Finance & Governance Committee
On agenda: 4/3/2017 Final action:
Title: A bill for an ordinance approving the Central Park Boulevard Bridge (Phase 2) Funding Agreement between the City and County of Denver and the Park Creek Metropolitan District related to the Central Park Boulevard Bridge (Phase 2) over Sand Creek. Approves an intergovernmental agreement with the Park Creek Metropolitan District for $8.4 million for the design and construction of the final span of the Central Park Boulevard Bridge in Council District 8 (FINAN-2017-33343-00). The last regularly scheduled Council meeting within the 30-day review period is on 4-24-17. The Committee approved filing this bill at its meeting on 3-21-17.
Indexes: Shelley Smith
Attachments: 1. BR17 0331 DOF CPB Bridge Funding Agreement Request, 2. 17-0331_FiledBill_CentralParkBoulevardBridgePhase2_201733343-00_NC032217.pdf, 3. 17-0331_Filed Agreement_201733343-00_032817_NC.pdf, 4. 17-0331_FiledBill_CentralParkBoulevardBridgePhase2_201733343-00_NC032217, 5. 17-0331 Filed Bill - Central Park Boulevard Bridge (Phase 2)

Finance Item/Grant Request Template

 

Date Submitted: 3-14-17

 

Requesting Agency: Finance

                               Division:

 

§                     Name:                     Brad Dodson / Bar Chadwick

§                     Phone:                     720-913-5522 / 720-913-0645

§                     Email:                     brad.dodson@denvergov.org <mailto:brad.dodson@denvergov.org> / bar.chadwick@denvergov.org <mailto:bar.chadwick@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 bill for an ordinance approving the Central Park Boulevard Bridge (Phase 2) Funding Agreement between the City and County of Denver and the Park Creek Metropolitan District related to the Central Park Boulevard Bridge (Phase 2) over Sand Creek.

Approves an intergovernmental agreement with the Park Creek Metropolitan District for $8.4 million for the design and construction of the final span of the Central Park Boulevard Bridge in Council District 8 (FINAN-2017-33343-00).  The last regularly scheduled Council meeting within the 30-day review period is on 4-24-17.  The Committee approved filing this bill at its meeting on 3-21-17.

body

 

Affected Council District(s) or citywide? Council District 8

 

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

The Stapleton “Five Parties” (City and County of Denver, Denver Urban Renewal Authority, Denver Public Schools, Forest City and Park Creek Metropolitan District) have agreed on an arrangement to allow for additional funding and to complete construction of an additional school, a fire station and other infrastructure at Stapleton.

This arrangement includes an agreement between the City and Park Creek Metropolitan District where the City contracts with the District to design and construct the final span of Central Park Boulevard over Sand Creek for a maximum of $8.4 million.

This ordinance will set up a capital grant fund and appropriate the budget for this grant as follows:

Fund

Org

Project Number

Project Name

Amount

38743

2540102

    PR01417_001

Central Park Boulevard

$8,400,000

 

 

Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other): Other

 

Amount: $8,400,000

 

Budget Year: 2017

 

Fund and Funding Source (Fund/Org/Grant Number, if applicable):

Fund

Org

Project Number

Project Name

Amount

38743

2540102

    PR01417_001

Central Park Boulevard

$8,400,000

 

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: