Finance Item/Grant Request Template
Date Submitted: 10-05-20
Requesting Agency: Finance
Division: Finance
Subject Matter Expert Name:
Name: Kiki Turner / Michelle Johnson
Email: Kiki.Turner@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 authorizing the issuance of (1) the "City and County of Denver, Colorado, General Obligation Elevate Denver Bonds" for the purpose of financing and defraying the cost of acquiring, constructing, installing and improving various civic facilities; and (2) the "City and County of Denver, Colorado, General Obligation Better Denver Refunding Bonds" for the purpose of refunding, paying, and discharging all or a portion of the City's outstanding Taxable General Obligation Better Denver Bonds (Direct Pay Build America Bonds), Series 2010B; providing for the levy of general ad valorem taxes to pay the principal of and interest on such Bonds; and making other provisions relating thereto.
Authorizes the issuance of City and County of Denver General Obligation Bonds, Series 2020A-B in a principal amount not to exceed $465 million for the purpose of funding approximately $170 million of Elevate Denver bond projects approved by Denver voters in November 2017, to refund existing Series 2010B Better Denver General Obligation Bonds, and to pay associated costs of issuance. The Committee approved filing this item at its meeting on 10-13-20.
body
Affected Council District(s) or citywide...
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