City and County of Denver - File #: 17-0720

• File #: 17-0720
• Version: 1
• Type: Bill
• Status: Passed
• File created: 6/19/2017
• In control: Finance & Governance Committee
• On agenda: 7/10/2017
• Title: A bill for an ordinance approving the Consent to Inclusion of a Parcel in the Additional Inclusion Area into the Alameda Station Metropolitan District. Approves the addition of land into the Alameda Station Metropolitan District in the Denver Design District in Council District 7. The Committee approved filing this bill by consent on 6-27-17.
• Indexes: Shelley Smith

Date	Ver.	Action By	Action	Result
7/19/2017	1	Mayor	signed
7/17/2017	1	City Council	placed upon final consideration and do pass	Pass
7/17/2017	1	Council President	signed
7/10/2017	1	City Council	ordered published on first reading
6/27/2017	1	Finance & Governance Committee	approved by consent

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 06-20-17

Requesting Agency: Finance
Division:

* Name: Andrew Johnston, Cash Risk and Capital Funding
* Phone: 720-913-9372
* Email: Andrew.Johnston@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 Consent to Inclusion of a Parcel in the Additional Inclusion Area into the Alameda Station Metropolitan District.
Approves the addition of land into the Alameda Station Metropolitan District in the Denver Design District in Council District 7. The Committee approved filing this bill by consent on 6-27-17.
body

Affected Council District(s) or citywide? Council District 7

Executive Summary with Rationale and Impact:
The Alameda Station Metropolitan District ("Metro District") was created in 2009 by a developer who was unsuccessful in purchasing the RTD Bus Barn site. The Metro District has been on statutory inactive status for many years and has no outstanding obligations.

Currently, RTD has entered into a new purchase agreement with a different development team. It is the same development team working on Broadway Market Place and Denver Design District located near Broadway and Alameda. It has been determined by the development team the Metro District will not be utilized in the redevelopment at the RTD Bus Barn site, yet will be of use at the Denver Design District site. Considering infrastructure plans are still being finalized and the same development te...