Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 9-21-20
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
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Name: Jeff Steinberg |
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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 Denver Police Activities League, Inc. for the purchase of real property located at 1240 West Bayaud Avenue.
Approves a purchase and sale agreement with Denver Police Activities League, Inc. for $3 million for the City to acquire property located at 1240 West Bayaud Avenue to utilize the space for youth-focused activities in Council District 7 (FINAN-202055776-00). The last regularly scheduled Council meeting within the 30-day review period is on 11-2-20. The Committee approved filing this item at its meeting on 9-29-20.
body
Affected Council District(s) or citywide? Council District 7
Contract Control Number: FINAN-202055776-00
Vendor/Contractor Name (including any “DBA”): Denver Police Activities League, Inc.,
Type and Scope of services to be performed:
The Division of Real Estate, on behalf of DEDO, proposes to purchase the property from Denver Police Activities League, Inc., a Colorado Non-profit corporation in the amount of $3,000,000. A fully executed Purchase and Sale Agreement is critical for CCD and DEDO to move forward with securing the space for youth-focused activities.
Location (if applicable):
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: $3,000,000
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.)