City and County of Denver - File #: 17-1359

• File #: 17-1359
• Version: 1
• Type: Bill
• Status: Passed
• File created: 11/20/2017
• In control: Finance & Governance Committee
• On agenda: 1/2/2018
• Title: A bill for an ordinance approving a proposed Purchase and Sale Agreement between the City and County of Denver and KRF Holly, LLC to sell property located at 2000 S. Holly Street. Approves a purchase and sale agreement with KRF Holly, LLC for $243,000 to sell the property located at 2000 South Holly Street with plans to develop 225 housing units to be sold at market rate and an additional 50-80 units for senior housing in Council District 6. The last regularly scheduled Council meeting within the 30-day review period is on 1-22-18. The Committee approved filing this bill at its meeting on 12-12-17.
• Indexes: Shelley Smith

Date	Ver.	Action By	Action	Result
1/9/2018	1	Council President	signed
1/9/2018	1	Mayor	signed
1/8/2018	1	City Council	placed upon final consideration and do pass	Pass
1/2/2018	1	City Council	ordered published on first reading
12/12/2017	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-21-17

Requesting Agency: Finance
Division: Real Estate

* Name: Jeffrey Steinberg or Lisa Lumley
* Phone: 720.865.7505 or 720.913.1515
* Email: Jeffrey.steinberg@denvergov.org or lisa.lumley@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 Purchase and Sale Agreement between the City and County of Denver and KRF Holly, LLC to sell property located at 2000 S. Holly Street.
Approves a purchase and sale agreement with KRF Holly, LLC for $243,000 to sell the property located at 2000 South Holly Street with plans to develop 225 housing units to be sold at market rate and an additional 50-80 units for senior housing in Council District 6. The last regularly scheduled Council meeting within the 30-day review period is on 1-22-18. The Committee approved filing this bill at its meeting on 12-12-17.
body

Affected Council District(s) or citywide? Council District 6

Contract Control Number:

Vendor/Contractor Name (including any "DBA"): KRF Holly, LLC

Type and Scope of services to be performed: The property is approximately 11.11 acres. The City's purpose for entering into this transaction with KRF Holly, LLC is the development of the property consistent with existing neighborhood, area plans, and economic and job development within the City and County of Denver. Buyer plans to develop 225 walk up housing units to be sold at market rate and develop 50-80 units for senior housing. The City wi...