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File #: 17-0721    Version: 1
Type: Resolution Status: Adopted
File created: 6/20/2017 In control: Finance & Governance Committee
On agenda: 7/10/2017 Final action: 7/10/2017
Title: A resolution approving the inclusion of Denver property located within the CCP Metropolitan Districts' Inclusion Area into the boundaries of CCP Metropolitan District Nos. 3 and 4. Approves the inclusion of Denver property located within the CCP (Crossroads Commerce Park) Metropolitan Districts' Inclusion Area into the boundaries of CCP Metropolitan Districts 3 and 4. The Committee approved filing this resolution by consent on 6-27-17.
Indexes: Shelley Smith
Attachments: 1. RR17 0721 DOF CCP MD Request, 2. 17-0721_Filed Resolution_CCP Metropolitan Districts Inclusion Area No. 3 and 4.pdf, 3. 17-0721 - signed.pdf

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 <mailto: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 resolution approving the inclusion of Denver property located within the CCP Metropolitan Districts’ Inclusion Area into the boundaries of CCP Metropolitan District Nos. 3 and 4.

Approves the inclusion of Denver property located within the CCP (Crossroads Commerce Park) Metropolitan Districts’ Inclusion Area into the boundaries of CCP Metropolitan Districts 3 and 4.  The Committee approved filing this resolution by consent on 6-27-17.

body

 

Affected Council District(s) or citywide? Council District 9

 

Executive Summary with Rationale and Impact:

 The CCP Metropolitan Districts were approved in 2014 to support the redevelopment of the ASARCO smelting plant site. The redevelopment site straddles the Denver/Adams County boarder with approximately 20% of the site located in Denver County. A total of four metro districts were approved; #1 and #2 in Denver and #3 and #4 in Adams. It was always contemplated and the metro district service plans were drafted understanding the districts would coordinate to promote redevelopment activities.

 

Currently district #3 approved in only Adams County is seeking to include Denver land and impose taxes. Even though it was contemplated the metro districts would work together, there is uncertainty around the ability of a district only approved in Adams County to impose taxes on property located in the Denver Inclusion Area. The purpose of this resolution is to clarify any ambiguity and allow Denver Inclusion Area to be subject to the revenue raising powers of the Adams County districts

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?