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File #: 18-1282    Version: 1
Type: Bill Status: Passed
File created: 10/30/2018 In control: Land Use, Transportation & Infrastructure Committee
On agenda: 11/26/2018 Final action: 11/26/2018
Title: A bill for an ordinance establishing a new fund in the General Government Special Revenue Fund Series for the "National Western Center Campus Management Fund". Establishes the National Western Center Campus Management Special Revenue Fund to capture revenue and expend funds related to the development and construction of the National Western Center Campus in Council District 9. The Committee approved filing this item at its meeting on 11-6-18.
Indexes: Zach Rothmier
Attachments: 1. BR18 1282 DOF National Western Center Campus Mngmt SRF, 2. CB18-1282_DOF_NWCCM_SRF, 3. 18-1282_Filed DOF_NWCCM_SRF.pdf, 4. 18-1282 - signed, 5. 18-1282
Finance Item/Grant Request Template

Date Submitted: 10-30-18

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Tara Olden
Email: Tara.Olden@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 bill for an ordinance establishing a new fund in the General Government Special Revenue Fund Series for the "National Western Center Campus Management Fund".
Establishes the National Western Center Campus Management Special Revenue Fund to capture revenue and expend funds related to the development and construction of the National Western Center Campus in Council District 9. The Committee approved filing this item at its meeting on 11-6-18.
body

Affected Council District(s) or citywide? CD 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
The National Western Center Campus Management Special Revenue Fund will capture revenue from commercial tenants who have entered into a short-term leaseback agreement with the City and County of Denver for properties acquired for the development of the National Western Center. The Fund's expenses will include the costs of stabilization and activation of remaining structures In addition to revenue from commercial tenants, the Fund will also receive a General Fund transfer in the 2019 budget of $481,803. The fund will be cash-basis and non-lapsing. Expenditures are to be authorized in the amount not to exceed ...

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