Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 2-22-21
Requesting Agency: Finance
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 Lease Agreement between the City and County of Denver and PRRC, LLC for property located at 3300 North Kalamath Street.
Approves a lease agreement with PRRC, LLC for $782,599.92 and for 10 years, with an option to extend for an additional 5 years, for the lease of approximately 210,250 square feet of City owned land for use as a parking lot to be built by PRRC, LLC located at 3300 North Kalamath Street adjacent to Cuernavaca Park, and includes depositing $150,000 of PRRC, LLC Funds in an escrow account for landscape funds for the Westside Line recreational trail, in Council District 1 (FINAN-202157861). The last regularly scheduled Council meeting within the 30-day review period is on 4-12-21. The Committee approved filing this item at its meeting on 3-2-21.
body
Affected Council District(s) or citywide? Council District 1
Contract Control Number: FINAN-202157861
Vendor/Contractor Name (including any "DBA"):
Type and Scope of services to be performed:
Leases excess City land to PRRC, LLC for up to 15 years, for use as a parking lot to be built by PRRC.
See bill request for an attached executive summary.
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Ar...
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