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File #: 18-0653    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 6/4/2018 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 6/25/2018 Final action: 6/25/2018
Title: A resolution approving a loan agreement between the City and County of Denver and Tammen Hall Apartments LLC to support the rehabilitation of property at 1010 East 19th Avenue that will contain affordable housing. Approves a $735,000 cash flow loan to Tammen Hall Apartments LLC to support the rehabilitation of 49 units of age- and income-restricted affordable housing at Tammen Hall located at 1010 E. 19th Avenue in Council District 9 (OEDEV-201736222-00). The last regularly scheduled Council meeting within the 30-day review period is on 7-16-18. The Committee approved filing this item at its meeting on 6-13-18.
Indexes: Shelley Smith
Attachments: 1. RR18 0653 OED Tammen Hall 060418, 2. Final_18-0653_Resolution_TammenHallApartmentsLLC_201736222-00_061818_ACH.pdf, 3. 18-0653_Agreement_201736222-00_TammenHallApartmentsLLC_061918_ACH.pdf, 4. 18-0653 Filed Resolution_TammenHallApartmentsLLC_201736222-00_061818.pdf, 5. 18-0653 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 6 4 18

Requesting Agency: OED
Division:

Subject Matter Expert Name: Susan Liehe
Email Address:
Phone Number:

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 resolution approving a loan agreement between the City and County of Denver and Tammen Hall Apartments LLC to support the rehabilitation of property at 1010 East 19th Avenue that will contain affordable housing.
Approves a $735,000 cash flow loan to Tammen Hall Apartments LLC to support the rehabilitation of 49 units of age- and income-restricted affordable housing at Tammen Hall located at 1010 E. 19th Avenue in Council District 9 (OEDEV-201736222-00). The last regularly scheduled Council meeting within the 30-day review period is on 7-16-18. The Committee approved filing this item at its meeting on 6-13-18.
body

Affected Council District(s) or citywide?|10 10|Contract Control Number:
OEDEV-201736222-00
Vendor/Contractor Name (including any "DBA"):
Tammen Hall Apartments LLC
Type and Scope of services to be performed:
to support the rehabilitation of 49 units of age- and income-restricted affordable housing at Tammen Hall, located at 1010 E. 19th Avenue
Location (if applicable):
1010 E. 19th Avenue
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):

Are WBE/MBE/DBE goals met (if applicable)?

Is the contract new/a renewal/extension or amendment?
New

Was this contractor selected by competitive process or sole source?

For New co...

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