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File #: 18-1171    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 10/9/2018 In control: Business, Arts, Workforce, & Aviation Services Committee
On agenda: 10/29/2018 Final action: 10/29/2018
Title: A resolution amending a First Assumption, Amendment and Modification Agreement with Rocky Mountain Public Media, Inc., f/k/a Rocky Mountain Public Broadcasting Network, Inc. for the construction of a new community media center located at 21st Street and Arapahoe Street in Council District 9. Amends a loan agreement with Rocky Mountain Public Broadcasting System (PBS) by adding $1,900,000 for a new total of $3,400,000, adding two years for a new end date of 10-1-26 and amending the terms to include a maximum eight-year repayment period, security through assets and equipment, and a promissory note guaranteeing community-serving use of the building, for the construction of a new community media center located at 21st Street and Arapahoe Street in Council District 9 (OEDEV 201629108-00). The last regularly scheduled Council meeting within the 30-day review period is on 11-19-18. The Committee approved filing this item at its meeting on 10-17-18.
Indexes: Jonathan Griffin
Attachments: 1. RR18 1171 OED Rocky Mtn PBS, 2. Rocky Mtn Public Media 101718, 3. 18-1171 Resolution_Rocky Mountain Public Media, Inc._201629108-01_10232018.pdf, 4. 18-1171 Modification Agreement_201629108-01_Rocky Mountain Public Media, Inc. 102418.pdf, 5. 18-1171 Filed Resolution_Rocky Mountain Public Media, Inc._201629108-01_10232018.pdf, 6. 18-1171 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 10-9-18

Requesting Agency: Office of Economic Development
Division:

Subject Matter Expert:

Name: Susan Liehe 720-913-1689
Email: susan.liehe@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 amending a First Assumption, Amendment and Modification Agreement with Rocky Mountain Public Media, Inc., f/k/a Rocky Mountain Public Broadcasting Network, Inc. for the construction of a new community media center located at 21st Street and Arapahoe Street in Council District 9.
Amends a loan agreement with Rocky Mountain Public Broadcasting System (PBS) by adding $1,900,000 for a new total of $3,400,000, adding two years for a new end date of 10-1-26 and amending the terms to include a maximum eight-year repayment period, security through assets and equipment, and a promissory note guaranteeing community-serving use of the building, for the construction of a new community media center located at 21st Street and Arapahoe Street in Council District 9 (OEDEV 201629108-00). The last regularly scheduled Council meeting within the 30-day review period is on 11-19-18. The Committee approved filing this item at its meeting on 10-17-18.
body

Affected Council District(s) or citywide? CD 9

Contract Control Number: OEDEV 201629108-00

Vendor/Contractor Name (including any "DBA"): Rocky Mountain Public Bro...

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