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File #: 21-0164    Version: 1
Type: Resolution Status: Adopted
File created: 2/8/2021 In control: Finance & Governance Committee
On agenda: 3/1/2021 Final action: 3/1/2021
Title: A resolution approving a proposed Real Estate Donation Agreement between the City and County of Denver and Starr Peak Holdings, LLC for the donation of real property located in Jefferson and Gilpin Counties for park purposes. Approves an agreement with Starr Peak Holdings, LLC for donation of 450 acres in Jefferson and Gilpin Counties, known as Axton Ranch, to the city to establish a new Denver Mountain Park, with $80,000 in transaction costs being paid by the city. (FINAN-202157840). The Committee approved filing this item at its meeting on 2-16-21.
Indexes: Zach Rothmier
Attachments: 1. RR21 0164 DOF Axton Ranch Request, 2. RR21 0164 DOF Axton Ranch Summary, 3. Axton Ranch City Council Slide Deck FINAL, 4. 21-0164 Filed Resolution_StarrPeakHoldings_202157840-00, 5. 21-0164 REDonationAgr_Starr Peak Holding LLC_202157840-00, 6. 21-0164 Filed Resolution_StarrPeakHoldings, 7. 21-0164 - signed

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 2-8-21

 

Requesting Agency: Department of Housing Stability

                               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 resolution approving a proposed Real Estate Donation Agreement between the City and County of Denver and Starr Peak Holdings, LLC for the donation of real property located in Jefferson and Gilpin Counties for park purposes.

Approves an agreement with Starr Peak Holdings, LLC for donation of 450 acres in Jefferson and Gilpin Counties, known as Axton Ranch, to the city to establish a new Denver Mountain Park, with $80,000 in transaction costs being paid by the city. (FINAN-202157840). The Committee approved filing this item at its meeting on 2-16-21.

body

 

Affected Council District(s) or citywide? Mountain Park

 

Contract Control Number: FINAN-202157840

 

Vendor/Contractor Name (including any “DBA”):

 

Type and Scope of services to be performed:

Proposed donation by Starr Peak Holdings LLC to the City and County of Denver of 450 acres in Jefferson and Gilpin Counties as a new Denver Mountain Park. Per the terms of the Donation Agreement between the City and the Axton Family, DPR has agreed to cover the family’s transaction costs in order to facilitate the donation in the amount of $80,000. Please see the attached executive summary and maps.

                     

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: $80,000

 

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.)