City and County of Denver - File #: 17-1321

• File #: 17-1321
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 11/13/2017
• In control: Finance & Governance Committee
• On agenda: 12/4/2017
• Final action: 12/4/2017
• Title: A resolution approving a proposed Equipment Lease Purchase Agreement between the City and County of Denver and J.P. Morgan Chase Bank, N.A. for a five-year lease with option to purchase equipment for the new 911 Communications Center. Approves a capital lease agreement with JPMorgan Chase Bank, N.A. for $1,158,788 and for five years to purchase furniture equipment to be used by 911 call-takers and dispatchers at the new 911 Communications Center located at 12025 East 45th Avenue in Council District 8. The last regularly scheduled Council meeting within the 30-day review period is on 12-18-17. The Committee approved filing this resolution by consent on 11-21-17.
• Indexes: Shelley Smith

Date	Ver.	Action By	Action	Result
12/5/2017	1	Council President	signed
12/4/2017	1	City Council	adopted	Pass
11/21/2017	1	Finance & Governance Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-14-17

Requesting Agency: Finance
Division:

* Name: Beth Strauss
* Phone: (720) 913-5208
* Email: beth.strauss@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 Equipment Lease Purchase Agreement between the City and County of Denver and J.P. Morgan Chase Bank, N.A. for a five-year lease with option to purchase equipment for the new 911 Communications Center.
Approves a capital lease agreement with JPMorgan Chase Bank, N.A. for $1,158,788 and for five years to purchase furniture equipment to be used by 911 call-takers and dispatchers at the new 911 Communications Center located at 12025 East 45th Avenue in Council District 8. The last regularly scheduled Council meeting within the 30-day review period is on 12-18-17. The Committee approved filing this resolution by consent on 11-21-17.
body

Affected Council District(s) or citywide? Council District 8

Contract Control Number: TBD

Vendor/Contractor Name (including any "DBA"): JPMorgan Chase Bank

Type and Scope of services to be performed:
This resolution seeks approval to finance the acquisition of new console furniture equipment, to be used by 911 call-takers and dispatchers, through a capital lease purchase transaction on behalf of the City's Department of Safety in the principal amount not to exceed $1,087,526. JPMorgan Chase Bank, N.A., selected via a competitive bid process, will serve as the lessor. The proposed financing structure will ...