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File #: 17-1366    Version: 1
Type: Bill Status: Passed
File created: 11/21/2017 In control: Finance & Governance Committee
On agenda: 12/11/2017 Final action:
Title: A bill for an ordinance making rescissions in the General Fund and making transfers to and appropriations in the Capital Improvement and Capital Maintenance Fund. Rescinds, transfers and re-appropriates $1.2 million to the Real Estate Capital Improvement Fund to support a sublease for City employee workspace at 101 West Colfax Avenue in Council District 9. The Committee approved filing this bill by consent on 11-28-17.
Indexes: Shelley Smith
Attachments: 1. BR17 1366 DOF 101Colfax Lease Rescind-Reappropriate, 2. CB17-1366 BIll_DOF 101 Colfax Lease, 3. 17-1366 Filed BIll_DOF 101 Colfax Lease.pdf, 4. 17-1366 - signed, 5. 17-1366 Filed Bill_Ordinance Making Rescissions in General Fund Making Transfers & Appropriations in Capital Improvement & Capital Maintenance Fund
Finance Item/Grant Request Template

Date Submitted: 11/21/17

Requesting Agency: DOF
Division: BMO

Subject Matter Expert Name:
? Name: Stephanie Adams, Budget and Management Office (BMO)
? Phone: (720) 913-5512
? Email: stephanie.adams@denvergov.org

? Name: Lisa Lumley, Real Estate
? Phone: 720.913.1515
? Email: 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 making rescissions in the General Fund and making transfers to and appropriations in the Capital Improvement and Capital Maintenance Fund.
Rescinds, transfers and re-appropriates $1.2 million to the Real Estate Capital Improvement Fund to support a sublease for City employee workspace at 101 West Colfax Avenue in Council District 9. The Committee approved filing this bill by consent on 11-28-17.
body

Affected Council District(s) or citywide? CD 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
rescind general fund budget from Parks and Recreation and Public Works and transfer that budget to the Real Estate capital improvement fund to fund the sublease for 101 W Colfax.

This ordinance request seeks approval for several financial actions needed to support a sublease for 101 W Colfax. $1.2M for 2018 which includes the annual lease and associated one-time costs.

The following financial actions are requested to support the $1.2M appropriation:

* Rescind, transfer, and re-appropriate $850K in vacancy savings f...

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