City and County of Denver - File #: 18-1358

• File #: 18-1358
• Version: 1
• Type: Bill
• Status: Passed
• File created: 11/12/2018
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 1/22/2019
• Final action: 1/22/2019
• Title: A bill for an ordinance approving a proposed Third Amendment and Modification Agreement between the City and County of Denver and Housing Authority of the City and County of Denver, to extend the deadline for the sale of certain affordable units, and to clarify units subject to affordability restrictions. Amends a loan agreement with Denver Housing Authority (DHA) by adding $65,752 for a new total of $1,265,752 and one year for a new end date of 12-31-19 to allow for DHA to sell two condos located at 525 Jackson Street to income-qualified buyers and includes the associated remodeling costs and down payment assistance (OEDEV-GE6A125-03). The last regularly scheduled Council meeting within the 30-day review period is on 2-4-19. The Committee approved filing this item at its meeting on 11-21-18.
• Indexes: Emily Lapel

Date	Ver.	Action By	Action	Result
1/23/2019	1	Council President	signed
1/23/2019	1	Mayor	signed
1/22/2019	1	City Council	placed upon final consideration and do pass	Pass
1/14/2019	1	City Council	ordered published on first reading
11/21/2018	1	Safety, Housing, Education & Homelessness Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-13-18

Requesting Agency: Office of Economic Development
Division:

Subject Matter Expert Name:

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 bill for an ordinance approving a proposed Third Amendment and Modification Agreement between the City and County of Denver and Housing Authority of the City and County of Denver, to extend the deadline for the sale of certain affordable units, and to clarify units subject to affordability restrictions.
Amends a loan agreement with Denver Housing Authority (DHA) by adding $65,752 for a new total of $1,265,752 and one year for a new end date of 12-31-19 to allow for DHA to sell two condos located at 525 Jackson Street to income-qualified buyers and includes the associated remodeling costs and down payment assistance (OEDEV-GE6A125-03). The last regularly scheduled Council meeting within the 30-day review period is on 2-4-19. The Committee approved filing this item at its meeting on 11-21-18.
body

Affected Council District(s) or citywide? CD 10; citywide

Contract Control Number: OEDEV-GE6A125-03

Vendor/Contractor Name (including any "DBA"): Denver Housing Authority (DHA)

Type and Scope of services to be performed:
This request is to amend to extend an executed 2017 loan agreement, which was the seco...