City and County of Denver - File #: 21-0219

• File #: 21-0219
• Version: 1
• Type: Bill
• Status: Passed
• File created: 2/22/2021
• In control: Finance & Governance Committee
• On agenda: 3/30/2021
• Final action: 3/30/2021
• Title: A bill for an ordinance approving proposed Amendments to approximately Seven Leases, Licenses and Concession Agreements in response to the COVID-19 health crisis, to be negotiated by the Director of Real Estate and provide relief for the tenants. Authorizes the Division of Real Estate to negotiate and amend commercial leases in City-owned buildings to provide an additional three months of rent relief, with the option to extend for an additional three months, in response to the COVID-19 pandemic. The last regularly scheduled Council meeting within the 30-day review period is on 4-5-21. The Committee approved filing this item at its meeting on 3-2-21.
• Indexes: Zach Rothmier

Date	Ver.	Action By	Action	Result
3/31/2021	1	Mayor	signed
3/30/2021	1	Council President	signed
3/30/2021	1	City Council	placed upon final consideration and do pass	Pass
3/22/2021	1	City Council	ordered published
3/2/2021	1	Finance & Governance Committee	approved by consent

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

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 bill for an ordinance approving proposed Amendments to approximately Seven Leases, Licenses and Concession Agreements in response to the COVID-19 health crisis, to be negotiated by the Director of Real Estate and provide relief for the tenants.
Authorizes the Division of Real Estate to negotiate and amend commercial leases in City-owned buildings to provide an additional three months of rent relief, with the option to extend for an additional three months, in response to the COVID-19 pandemic. The last regularly scheduled Council meeting within the 30-day review period is on 4-5-21. The Committee approved filing this item at its meeting on 3-2-21.
body

Affected Council District(s) or citywide? Citywide

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This is a follow-on to Ordinances Number 20-0388, 20-0665, and 20-1386 passed by Council on May 6, 2020, August 3, 2020, and December 21, 2020 which approved a total of 9 months of rent deferral. With this ordinance, a total of a minimum 12 to 15 months' rent would be deferred, depending on whether the City exercises its option to defer. Please see attached Executive Summary for details.
Address/Loc...