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File #: 17-1301    Version: 1
Type: Bill Status: Passed
File created: 11/13/2017 In control: Finance & Governance Committee
On agenda: 12/4/2017 Final action:
Title: A bill for an ordinance making a supplemental appropriation to transfer cash to the Business Incentive Fund. Appropriates $4.8 million from the General Fund contingency to the Office of Economic Development's Business Incentive Fund to correct a previous action and appropriate the funds as originally approved. The Committee approved filing this bill by consent on 11-21-17
Indexes: Shelley Smith
Attachments: 1. BR17 1301 DOF Business Inventive Fund Correction Original Ordinance, 2. BR17 1301 DOF Business Inventive Fund Correction Request, 3. CB17-1301 BILL_ DOF OED BIF Correction, 4. 17-1301 Filed BILL_ DOF OED BIF Correction.pdf, 5. 17-1301 - signed, 6. 17-1301 Filed Bill_Ordinance Making a Supplemental Appropriation to Transfer Cash to Business Incentive Fund
Finance Item/Grant Request Template

Date Submitted: 11-14-17

Requesting Agency: Finance
Division:

* Name: Andrew Marzo/Stephanie Adams
* Phone: 720-913-5539/720-913-5512
* Email: Andrew.Marzo@Denvergov.org Stephanie.Adams@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 making a supplemental appropriation to transfer cash to the Business Incentive Fund.
Appropriates $4.8 million from the General Fund contingency to the Office of Economic Development's Business Incentive Fund to correct a previous action and appropriate the funds as originally approved. The Committee approved filing this bill by consent on 11-21-17
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
Correction to ORD 15-0778 which appropriated $4.8M to the Office of Economic Developments General Fund Appropriation (01010-0110000) instead of the Business Incentive Special Revenue fund, which lapsed at year-end. This request is to correct the action and appropriate the funds to the Office of Economic Development's Business Incentive Fund (11847-0110000) as originally approved. A copy of Ordinance 15-0778 is attached.

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

Amount:

Budget Year:

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

Grantor (if applicable):

Fund Matching Requirements (i...

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