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File #: 19-0388    Version: 1
Type: Resolution Status: Adopted
File created: 4/15/2019 In control: Finance & Governance Committee
On agenda: 5/6/2019 Final action: 5/6/2019
Title: A resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and Alison L. Tyler and Gary D. Luster for the purchase of real property located at 4301 and 4307 East Iliff Avenue. Approves a purchase and sale agreement with Gary D. Luster and Alison L. Tyler for $5,100,000 to acquire property located at 4301-4307 Iliff Avenue for future use as city park land in Council District 4 (FINAN-201948620-00). The last regularly scheduled Council meeting within the 30-day review period is on 5-20-19. The Committee approved filing this item at its meeting on 4-23-19.
Indexes: Jonathan Griffin
Attachments: 1. RR19 0388 DOF 4301-4307 Iliff Ave, 2. 4301 E. Iliff Avenue Presentation4-22-19, 3. 19-0388 Filed Resolution_Tyler and Luster_201948620-00.pdf, 4. 19-0388 PSA_Tyler and Luster_201948620-00.pdf, 5. 19-0388_ Filed Resolution_Tyler and Luster.pdf, 6. 19-0388 - signed.pdf

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 4-15-19

 

Requesting Agency: Finance

                               Division:

 

Subject Matter Expert Name:

Name:    Jeffrey J. Steinberg                                                                                                                                 

Email:    jeffrey.steinberg@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 Alison L. Tyler and Gary D. Luster for the purchase of real property located at 4301 and 4307 East Iliff Avenue.

Approves a purchase and sale agreement with Gary D. Luster and Alison L. Tyler for $5,100,000 to acquire property located at 4301-4307 Iliff Avenue for future use as city park land in Council District 4 (FINAN-201948620-00). The last regularly scheduled Council meeting within the 30-day review period is on 5-20-19. The Committee approved filing this item at its meeting on 4-23-19.

body

 

Affected Council District(s) or citywide? Council District 4

 

Contract Control Number: FINAN-201948620-00

 

Vendor/Contractor Name (including any “DBA”): Gary D. Luster and Alison L. Tyler

 

Type and Scope of services to be performed:

Real Estate acquisition to support Parks and Recreation initiatives including “10 Minute Walk to the Park”.

Location (if applicable):

4301-4307 Iliff Avenue

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:

 

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: $5,100,000

 

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.)