City and County of Denver - File #: 18-0854

• File #: 18-0854
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 7/30/2018
• In control: Finance & Governance Committee
• On agenda: 9/24/2018
• Final action: 9/24/2018
• Title: A resolution approving a proposed Equipment Lease Purchase Agreement between the City and County of Denver and Banc of America Public Capital Corp., for the financing of a replacement helicopter for the Denver Police Department. Approves a capital equipment lease agreement with Banc of America Public Capital Corp. for $4,870,696 and for ten years for the financing of a replacement helicopter for the Denver Police Department (FINAN-201842877-00). The last regularly scheduled Council meeting within the 30-day review period is on 10-15-18. The Committee approved filing this item at its meeting on 8-7-18.
• Indexes: Zach Rothmier

Date	Ver.	Action By	Action	Result
9/25/2018	1	Council President	signed
9/24/2018	1	City Council	adopted	Pass
8/7/2018	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 7-31-18

Requesting Agency: Finance
Division:

Subject Matter Expert:

Name: Hannah Stewart
Email: Hannah.Stewart@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 resolution approving a proposed Equipment Lease Purchase Agreement between the City and County of Denver and Banc of America Public Capital Corp., for the financing of a replacement helicopter for the Denver Police Department.
Approves a capital equipment lease agreement with Banc of America Public Capital Corp. for $4,870,696 and for ten years for the financing of a replacement helicopter for the Denver Police Department (FINAN-201842877-00). The last regularly scheduled Council meeting within the 30-day review period is on 10-15-18. The Committee approved filing this item at its meeting on 8-7-18.
body

Affected Council District(s) or citywide?

Contract Control Number: FINAN-201842877-00

Vendor/Contractor Name (including any "DBA"): Banc of America Public Capital Corp

Type and Scope of services to be performed:
This resolution seeks approval to finance the acquisition of a replacement helicopter and law enforcement customization equipment, to be used by Denver Police Department, through a capital equipment lease purchase transaction in the principal amount not to exceed $4,108,537. Banc of America Public Capital Corp. was sele...