City and County of Denver - File #: 17-1350

• File #: 17-1350
• Version: 1
• Type: Bill
• Status: Passed
• File created: 11/20/2017
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 12/11/2017
• Title: A bill for an ordinance approving a proposed Second Amendment and Modification Agreement between the City and County of Denver and The Housing Authority of the City and County of Denver to modify the loan agreement and release a portion of the property subject to the loan agreement. Amends a loan agreement with the Denver Housing Authority (DHA) to acquire land and build units including mixed-income housing by releasing certain parcels from the covenant securing the loan to allow DHA to sell the released parcels to private developers to build the planned for-sale units located in an area bounded by Washington Street, 20th Avenue, 22nd Street, Tremont Place, 24th Street, and Court Place in Council District 9 (OEDEV-CE01227-02). The last regularly scheduled Council meeting within the 30-day review period is on 1-2-18. The Committee approved filing this bill by consent on 11-29-17.
• Indexes: Debra Bartleson

Date	Ver.	Action By	Action	Result
12/19/2017	1	Council President	signed
12/19/2017	1	Mayor	signed
12/18/2017	1	City Council	placed upon final consideration and do pass	Pass
12/11/2017	1	City Council	ordered published on first reading
11/29/2017	1	Safety, Housing, Education & Homelessness Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-21-17

Requesting Agency: Economic Development
Division:

* Name: Susan Liehe
* Phone: 720.913.1689
* Email: susan.liehe@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 a proposed Second Amendment and Modification Agreement between the City and County of Denver and The Housing Authority of the City and County of Denver to modify the loan agreement and release a portion of the property subject to the loan agreement.
Amends a loan agreement with the Denver Housing Authority (DHA) to acquire land and build units including mixed-income housing by releasing certain parcels from the covenant securing the loan to allow DHA to sell the released parcels to private developers to build the planned for-sale units located in an area bounded by Washington Street, 20th Avenue, 22nd Street, Tremont Place, 24th Street, and Court Place in Council District 9 (OEDEV-CE01227-02). The last regularly scheduled Council meeting within the 30-day review period is on 1-2-18. The Committee approved filing this bill by consent on 11-29-17.
body

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

Contract Control Number: OEDEV-CE01227-02

Vendor/Contractor Name (including any "DBA"): Denver Housing Authority (DHA)

Type and Scope of services to be performed: Amends a loan agreement for $2,500,000 between the Denver Housing Authority and OED to release certain parcels from the covenant that secures the loan. The exist...