Denver Legistar banner



File #: 18-0292    Version: 1
Type: Bill Status: Passed
File created: 3/12/2018 In control: Finance & Governance Committee
On agenda: 4/2/2018 Final action:
Title: A bill for an ordinance establishing a new funds in the Grant and Other Money Projects Fund. Establishes the National Western Center Colorado State University (CSU) Facilities Development special revenue fund no. 38426 and the National Western Center Western Stock Show Association (WSSA) Campus Development special revenue fund no. 38427, and approves the associated appropriations of $27.7 million for the CSU Facilities Development fund and $15 million for the WSSA Campus Development fund. The Committee approved filing this bill by consent on 3-20-18.
Indexes: Shelley Smith
Attachments: 1. BR18 0292 DOF NWC SRFs, 2. CB18-0292 Bill_DOF NWC Srf's, 3. 18-0292 Filed Bill_DOF NWC Srf's.pdf, 4. 18-0292 - signed, 5. CB18-0292
Finance Item/Grant Request Template

Date Submitted: 03-13-18

Requesting Agency: Finance & National Western Center
Division:


? Name: Brad Dodson
? Phone: 720-913-5522
? Email: Brad.Dodson@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 establishing a new funds in the Grant and Other Money Projects Fund.
Establishes the National Western Center Colorado State University (CSU) Facilities Development special revenue fund no. 38426 and the National Western Center Western Stock Show Association (WSSA) Campus Development special revenue fund no. 38427, and approves the associated appropriations of $27.7 million for the CSU Facilities Development fund and $15 million for the WSSA Campus Development fund. The Committee approved filing this bill by consent on 3-20-18.
body

Affected Council District(s) or citywide?

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.

Last September, City Council approved the National Western Center Framework Agreement between the City, Western Stock Show Association (WSSA), and Colorado State University (CSU), which set the stage for the future success of the National Western Center. Per the Framework Agreement, the City receives contributions from the WSSA and CSU. The WSSA, in support of campus development (including property acquisition, planning, design and construction) will pay the City $50M ($15M by November 1, 2018 and $35M by May 29, 2020). CSU, in sup...

Click here for full text