Denver Legistar banner



File #: 17-0380    Version: 1
Type: Resolution Status: Adopted
File created: 3/27/2017 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 4/17/2017 Final action: 4/17/2017
Title: A resolution approving a proposed Second Amendment and Modification Agreement between the City and County of Denver and Habitat for Humanity of Metro Denver, Inc. for the purpose of amending the City's collateral for the loan. Amends a loan agreement with Habitat for Humanity of Metro Denver for Neighborhood Stabilization II Funds from the Department of Housing and Urban Development (HUD) by substituting one affordable housing covenant on a unit located at 2668 South Decatur Street in Council District 7 for one located at 15136 East Andrews Drive in Council District 11. No change to loan amount or duration (OEDEV-GE1A008-02). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-17. The Committee approved filing this resolution by consent on 4-5-17.
Indexes: Debra Bartleson
Attachments: 1. RR17 0380 OED Habitat Covenant Request, 2. 17-0380 Filed Resolution_Habitat for Humanity MD_Sable Ridge.GE1A008-02, 3. 17-0380 Amended Agreement Signed_Sable Ridge_Habitat for Humanity.GE1A008-02, 4. 17-0380 - signed.pdf
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 03-28-17

Requesting Agency: Office of Economic Development
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 Second Amendment and Modification Agreement between the City and County of Denver and Habitat for Humanity of Metro Denver, Inc. for the purpose of amending the City's collateral for the loan.
Amends a loan agreement with Habitat for Humanity of Metro Denver for Neighborhood Stabilization II Funds from the Department of Housing and Urban Development (HUD) by substituting one affordable housing covenant on a unit located at 2668 South Decatur Street in Council District 7 for one located at 15136 East Andrews Drive in Council District 11. No change to loan amount or duration (OEDEV-GE1A008-02). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-17. The Committee approved filing this resolution by consent on 4-5-17.
body

Affected Council District(s) or citywide? Council Districts 7 & 11

Contract Control Number: OEDEV-GE1A008-02

Vendor/Contractor Name (including any "DBA"): Habitat for Humanity of Metro Denver

Type and Scope of services to be performed: This request is to amend a loan agreement between the Denver Office of Economic Development and Habitat for Humanity of Metro Denver for $1,391,300 in Neighborhood Stabilization II Funds from HUD in order to substitute one affordable ho...

Click here for full text