City and County of Denver - File #: 19-0870

• File #: 19-0870
• Version: 1
• Type: Bill
• Status: Passed
• File created: 8/19/2019
• In control: Safety, Housing, Education & Homelessness Committee
• On agenda: 10/7/2019
• Final action: 10/7/2019
• Title: A bill for an ordinance approving a proposed Loan Agreement between the City and County of Denver and The Housing Authority of the City and County of Denver, to support the construction of the Sun Valley Gateway South public housing development. Approves a loan agreement with the Denver Housing Authority for $580,000 and sixty years to support the construction of the Sun Valley Gateway South public housing development, providing 92 units of family housing, with 58 units carrying affordability restrictions, located in the Sun Valley Neighborhood in Council District 3 (OEDEV-201951285). The last regularly scheduled Council meeting within the 30-day review period is on 10-21-19. The Committee approved filing this item at its meeting on 8-28-19.
• Indexes: Emily Lapel

Date	Ver.	Action By	Action	Result
10/8/2019	1	Mayor	signed
10/8/2019	1	Council President	signed
10/7/2019	1	City Council	placed upon final consideration and do pass	Pass
9/30/2019	1	City Council	ordered published on first reading
8/28/2019	1	Safety, Housing, Education & Homelessness Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 8-19-19

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 Loan Agreement between the City and County of Denver and The Housing Authority of the City and County of Denver, to support the construction of the Sun Valley Gateway South public housing development.
Approves a loan agreement with the Denver Housing Authority for $580,000 and sixty years to support the construction of the Sun Valley Gateway South public housing development, providing 92 units of family housing, with 58 units carrying affordability restrictions, located in the Sun Valley Neighborhood in Council District 3 (OEDEV-201951285). The last regularly scheduled Council meeting within the 30-day review period is on 10-21-19. The Committee approved filing this item at its meeting on 8-28-19.
body

Affected Council District(s) or citywide? Council District 3

Contract Control Number: OEDEV-201951285

Vendor/Contractor Name (including any "DBA"): Housing Authority of the City and County of Denver (Denver Housing Authority)

Type and Scope of services to be performed:
Sun Valley Gateway South will be a newly-constructed multifamily rental property located i...