City and County of Denver - File #: 18-0259

• File #: 18-0259
• Version: 1
• Type: Bill
• Status: Passed
• File created: 3/6/2018
• In control: Finance & Governance Committee
• On agenda: 4/9/2018
• Title: A bill for an ordinance approving a proposed Purchase and Sale Agreement between the City and County of Denver and The Nichols Partnership Inc. for the sale of 1701 Platte Street. Approves a $13.5 million purchase and sale agreement with The Nichols Partnership Inc. to sell property located at 1701 Platte Street in Council District 1. The Committee approved filing this bill at its meeting on 3-27-18.
• Indexes: Shelley Smith

Date	Ver.	Action By	Action	Result
4/17/2018	1	Mayor	signed
4/17/2018	1	Council President	signed
4/16/2018	1	City Council	placed upon final consideration and do pass	Pass
4/9/2018	1	City Council	ordered published on first reading
3/27/2018	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 03-06-18

Requesting Agency: Finance
Division:

? Name: Jeffrey Steinberg / Lisa Lumley
? Phone: 720.865.7505 /720.913.1515
?Email: Jeffrey.steinberg@denvergov.org, 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 The Nichols Partnership Inc. for the sale of 1701 Platte Street.
Approves a $13.5 million purchase and sale agreement with The Nichols Partnership Inc. to sell property located at 1701 Platte Street in Council District 1. The Committee approved filing this bill at its meeting on 3-27-18.
body

Affected Council District(s) or citywide? Council District 1

Contract Control Number: (TBD)

Vendor/Contractor Name (including any "DBA"): The Nichols Partnership LLC

Type and Scope of services to be performed:
1701 Platte Street is currently a public surface parking lot which the City has owned since the 1950's. The property had a right of way easement with CDOT for I-25. CDOT has since removed its right of way on the property. In 2015, the City issued a RFP and The Nichols Partnership was selected based upon its proposed project, price and commitment to include public parking in the project. The Nichols Partnership plans to develop the parcel as part of adjacent mixed use commercial office and retail. The project will not contain any residential units.

Location (if applicable):

WBE/MBE/DBE goals that ...