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File #: 18-0905    Version: 1
Type: Resolution Status: Adopted
File created: 8/13/2018 In control: Land Use, Transportation & Infrastructure Committee
On agenda: 9/10/2018 Final action: 9/10/2018
Title: A resolution approving a proposed Gateway Improvements Funding Agreement between the City and County of Denver and William Lyon Homes, Inc. related to the construction of regional detention improvements which comprise a Gateway Impact Fee Project. Approves a contract with William Lyon Homes, Inc. for $1.4 million in Gateway Impact fees and credits and $632,445 from William Lyon Homes for a total amount of $2,032,445 to fund water detention improvements to support the Denver Connection West redevelopment located near 48th Avenue and Chambers Road in Council District 11. The last regularly scheduled Council meeting within the 30-day review period is on 9-24-18. The Committee approved filing this item at its meeting on 8-21-18.
Indexes: Zach Rothmier
Attachments: 1. RR18 0905 DOF Gateway Improvements Funding Agreement, 2. 18-0905_Gateway Infrastructure Agreement - Lyon, 3. 18-0905_William Lyon Homes Inc Agreement.final, 4. 18-0905 Filed Resolution William Lyon Homes Inc Agreement.final.pdf, 5. 18-0905 - signed.pdf
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 8-14-18

Requesting Agency: Finance
Division:

Subject Matter Expert:

Name: Andrew Johnston
Email: Andrew.Johnston@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 Gateway Improvements Funding Agreement between the City and County of Denver and William Lyon Homes, Inc. related to the construction of regional detention improvements which comprise a Gateway Impact Fee Project.
Approves a contract with William Lyon Homes, Inc. for $1.4 million in Gateway Impact fees and credits and $632,445 from William Lyon Homes for a total amount of $2,032,445 to fund water detention improvements to support the Denver Connection West redevelopment located near 48th Avenue and Chambers Road in Council District 11. The last regularly scheduled Council meeting within the 30-day review period is on 9-24-18. The Committee approved filing this item at its meeting on 8-21-18.
body

Affected Council District(s) or citywide? Council District 11

Contract Control Number: TBD

Vendor/Contractor Name (including any "DBA"): William Lyon Homes, Inc

Type and Scope of services to be performed:
William Lyons Home is redeveloping 115 acres at the southeast corner of 48th and Chambers called Denver Connection West. The project is in the Gateway Impact Fee area; in particular the Irondale Gulch Drainage area. The City and the builder collaborated on completing a Gateway Impact Fee Drainage Project while the builder was activel...

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