City and County of Denver - File #: 17-1225

• File #: 17-1225
• Version: 1
• Type: Bill
• Status: Passed
• File created: 10/24/2017
• In control: Business, Arts, Workforce, & Aeronautical Services Committee
• On agenda: 11/27/2017
• Title: A bill for an ordinance concerning the Airport Facilities of the City and County of Denver; authorizing the incurrence of the Revolving Credit Agreement Subordinate Obligation under the General Subordinate Bond Ordinance in a maximum aggregate principal Revolving Loan amount not to exceed $150,000,000 at any one time in connection with a revolving credit agreement to be entered into for the purposes of defraying the costs of certain approved projects, and providing other details in connection therewith; providing the maximum rate and other terms and other details of the Revolving Credit Agreement Subordinate Obligation, which shall be evidenced by a revolving credit agreement and notes issued thereunder; authorizing the execution of certain related agreements; ratifying action previously taken; providing for other related matters; and providing the effective date of this ordinance. Authorizes the Manager of Finance to incur, for and on behalf of the Department of Aviation, a revolving ...
• Indexes: Debra Bartleson

Date	Ver.	Action By	Action	Result
12/5/2017	1	Council President	signed
12/5/2017	1	Mayor	signed
12/4/2017	1	City Council	placed upon final consideration and do pass	Pass
11/27/2017	1	City Council	ordered published on first reading
11/1/2017	1	Business, Arts, Workforce, & Aeronautical Services Committee	approved for filing	Pass

Finance Item/Grant Request Template

Date Submitted: 10/24/17

Requesting Agency: DoF
Division:

Subject Matter Expert Name:
? Name: Guadalupe Gutierrez
? Phone: 720-913-9370
? Email: lupe.gutierrez@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 concerning the Airport Facilities of the City and County of Denver; authorizing the incurrence of the Revolving Credit Agreement Subordinate Obligation under the General Subordinate Bond Ordinance in a maximum aggregate principal Revolving Loan amount not to exceed $150,000,000 at any one time in connection with a revolving credit agreement to be entered into for the purposes of defraying the costs of certain approved projects, and providing other details in connection therewith; providing the maximum rate and other terms and other details of the Revolving Credit Agreement Subordinate Obligation, which shall be evidenced by a revolving credit agreement and notes issued thereunder; authorizing the execution of certain related agreements; ratifying action previously taken; providing for other related matters; and providing the effective date of this ordinance.
Authorizes the Manager of Finance to incur, for and on behalf of the Department of Aviation, a revolving loan in an amount not to exceed $150 million with US Bank, for funding interim airport capital improvements at Denver International Airport. The last regularly scheduled Council meeting within the 30-day review period is on 12-18-17. The Committee approved filing this bill at it...