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File #: 18-0446    Version: 1 Name:
Type: Bill Status: Passed
File created: 4/24/2018 In control: Land Use, Transportation & Infrastructure Committee
On agenda: 6/11/2018 Final action:
Title: A bill for an ordinance approving a proposed Fox North Development Agreement between the City and County of Denver and Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1 and West Globeville Metropolitan District No. 2, for the development of approximately 41 acres located between Interstate 70, Interstate 25, the UP and BNSF rail lines and 38th Avenue. Approves a development agreement with Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1, and West Globeville Metropolitan District No. 2 obligating the developer and their assigns to certain requirements for development of approximately 41 acres located between I-70, I-25, the UP and BNSF rail lines and 38th Avenue in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 6-25-18. The Committee approved filing this item at its meeting on 5-1-18.
Indexes: Zach Rothmier
Attachments: 1. BR18 0446 CPD FN Development Agreement Copy of Agreement, 2. BR18 0446 CPD FN Development Agreement, 3. 18-0446 FoxNorthDevelopAgr_AscendantCapitalPartnersMetro1-2_201841866-00.pdf, 4. 18-0446 Filed Bill_AscendantCapitalWGlobevilleMetro1and2_201841866-00.pdf, 5. 18-0446 Filed Bill_AscendantCapitalWGlobevilleMetro1and2_201841866-00.pdf, 6. 18-0446 - signed, 7. 18-0446 Filed for an ordinance approving fox north development agreement
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 4-24-18

Requesting Agency: Community Planning and Development

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 Fox North Development Agreement between the City and County of Denver and Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1 and West Globeville Metropolitan District No. 2, for the development of approximately 41 acres located between Interstate 70, Interstate 25, the UP and BNSF rail lines and 38th Avenue.
Approves a development agreement with Ascendant Capital Partners DNA, LLC, West Globeville Metropolitan District No. 1, and West Globeville Metropolitan District No. 2 obligating the developer and their assigns to certain requirements for development of approximately 41 acres located between I-70, I-25, the UP and BNSF rail lines and 38th Avenue in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 6-25-18. The Committee approved filing this item at its meeting on 5-1-18.
body

Affected Council District(s) or citywide?

Contract Control Number:

Vendor/Contractor Name (including any "DBA"):

Type and Scope of services to be performed:
This development agreement obligates the developer to provide minimum 10% open space, including a space that is intended to be transferred to the City to become a designated park; vests certain zoning entitlements; provides for the developer to contribute to the City $250,000 to assist in ...

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