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File #: 18-1414    Version: 1
Type: Resolution Status: Adopted
File created: 11/20/2018 In control: Finance & Governance Committee
On agenda: 12/10/2018 Final action: 12/10/2018
Title: A resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and TRE 4995 LLC for property located at 4995 Washington Street. Approves a purchase and sale agreement with TRE 4995 LLC for $6,000,000 to acquire property for future housing and mixed-use development, including affordable housing, located at 4995 Washington Street in Council District 9 (FINAN-201845109-00). The last regularly scheduled Council meeting within the 30-day review period is on 1-2-19. The Committee approved filing this item at its meeting on 11-27-18.
Indexes: Jonathan Griffin
Attachments: 1. RR18 1414 DOF 4995 Wash Street, 2. 4995 Washington Street OED ppt FINAL11.26.pdf, 3. 18-1414 Filed Resolution _TRE 4995 LLC.201845109-00, 4. 18-1414 Purchase and Sale Agreement [4995 Washington Street]_TRE 4995 201845109-00, 5. 18-1414 Filed Resolution _TRE 4995 LLC.201845109-00.pdf, 6. 18-1414 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-20-18

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Lisa Lumley
Email: lisa.lumley@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 Purchase and Sale Agreement between the City and County of Denver and TRE 4995 LLC for property located at 4995 Washington Street.
Approves a purchase and sale agreement with TRE 4995 LLC for $6,000,000 to acquire property for future housing and mixed-use development, including affordable housing, located at 4995 Washington Street in Council District 9 (FINAN-201845109-00). The last regularly scheduled Council meeting within the 30-day review period is on 1-2-19. The Committee approved filing this item at its meeting on 11-27-18.
body

Affected Council District(s) or citywide? CD 9

Contract Control Number: FINAN-201845109-00

Vendor/Contractor Name (including any "DBA"):

Type and Scope of services to be performed:
Grants approval of a Purchase and Sale Agreement with TRE 4995 LLC for property located at 4995 Washington St. OED will identify a qualified development partner through an RFP process to construct an affordable housing/mixed use development. Th parcel will include affordable rental housing that ties with the affordability goals set forth in the Comprehensive Housing Plan.
Location (if applicable...

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