Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 1-15-19
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 bill for an ordinance approving a proposed Purchase and Sale Agreement between the City and County of Denver and McDonald Farms Enterprises, Inc., transferring city-owned property located at 5300 Franklin Street.
Approves a non-financial purchase and sale agreement with McDonald Farms Enterprises Inc. to transfer city-owned property located at 5300 Franklin Street and in exchange for a future contract for the transfer to the city of a portion of property owned by McDonald Farms within the National Western Center project boundary in Council District 9 (TBD). The last regularly scheduled Council meeting within the 30-day review period is on 2-25-19. The Committee approved filing this item at its meeting on 1-22-19.
body
Affected Council District(s) or citywide? CD 9
Contract Control Number: TBD
Vendor/Contractor Name (including any “DBA”): McDonald Farms Enterprises Inc.
Type and Scope of services to be performed: The City proposes transferring 5300 Franklin to McDonald Farms so that McDonald Farms can relocate part of its operations within the City and County of Denver and along a rail line. This transfer will result in the transfer to the City of a portion of the property owned by McDonald Farms within the National Western Center project boundary, which has numerous benefits to the City’s NWC project.
Location (if applicable): 5300 Franklin Street
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
For New contracts
Term of initial contract:
Closing set for end of March, with possibility of extension.
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term:
City selling land in exchange for additional contract that provides land to the City and relocation benefits to McDonald Farms. No sale price, as it is an exchange.
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)