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File #: 18-1319    Version: 1
Type: Bill Status: Passed
File created: 11/6/2018 In control: Finance & Governance Committee
On agenda: 11/26/2018 Final action: 12/3/2018
Title: A bill for an ordinance authorizing cash transfers to and making appropriations from the Colorado Convention Center Capital Fund. Transfers cash from Special Revenue Funds and Capital Project Funds and makes appropriations to the Colorado Convention Center Capital Fund to support the annual Certificate of Participation (COP) and capital maintenance needs at the Colorado Convention Center in Council District 9. The Committee approved filing this item at its meeting on 11-13-2018.
Indexes: Jonathan Griffin
Attachments: 1. BR18 1319 DOF DOF_CCCTransfers_Capital Fund, 2. CB18-1319_DOF_CCCTransfers_Capital Fund, 3. 18-1319 Filed Bill_DOF_CCCTransfers_Capital Fund.pdf, 4. 18-1319 - signed, 5. 18-1319 Filed bill for an ordinance authorizing cash transfers to and making appropriations from the Colorado Convention Center Capital Fund.
Finance Item/Grant Request Template

Date Submitted: 11-6-18

Requesting Agency: Finance
Division:

Subject Matter Experts:

Name: Emily Snyder / Laura Perry
Email: Emily.Snyder@denvergov.org/ laura.perry@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 authorizing cash transfers to and making appropriations from the Colorado Convention Center Capital Fund.
Transfers cash from Special Revenue Funds and Capital Project Funds and makes appropriations to the Colorado Convention Center Capital Fund to support the annual Certificate of Participation (COP) and capital maintenance needs at the Colorado Convention Center in Council District 9. The Committee approved filing this item at its meeting on 11-13-2018.
body

Affected Council District(s) or citywide?

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This ordinance request seeks approval of three transfers and supporting appropriations, as describe below, to the Colorado Convention Center Capital Fund (38422) to support the COP payment and capital maintenance.
* Transfer $144,602 from the Convention Center Hotel Fund (11835) to the Colorado Convention Center capital fund (38422) to align the budget with the COP payment schedule.
* Transfer $3,700,000 of Seat Tax funding (39000) to the Colorado Convention Center capital fund (38422) for conveyance system improvements. This amount was originally held in reserve to support payment requirement...

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