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File #: 21-0280    Version: 1
Type: Resolution Status: Adopted
File created: 3/8/2021 In control: Finance & Governance Committee
On agenda: 3/30/2021 Final action: 3/30/2021
Title: A resolution approving and evidencing the intention of the City and County of Denver, Colorado to issue an amount not to exceed $10,000,000 of Multifamily Housing Revenue Bonds for The Forum. Declares the intent of the City to issue an amount not to exceed $10 million of its Multifamily Housing Revenue Bonds for The Colorado Coalition for the Homeless, or its affiliates, to support the renovations of The Forum project, an affordable multifamily apartment complex located at 250 West 14th Avenue in Council District 10. The Committee approved filing this item at its meeting on 3-16-21.
Indexes: Zach Rothmier
Attachments: 1. RR21 280 DOF Inducement Res. Request- The Forum, 2. RR21 280 DOF Inducement Res. Request- The Forum PAB Overview, 3. RR21 280 DOF Inducement Res. Request- The Forum Presentation, 4. 21-0280 Filed Resolution_Denver - The Forum - 2021 Inducement Resolution, 5. 21-0280 Filed Resolution_Denver - The Forum - 2021 Inducement Resolution, 6. 21-0280 - signed
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 3-8-21

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Michael Kerrigan
Email: Michael.Kerrigan@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 and evidencing the intention of the City and County of Denver, Colorado to issue an amount not to exceed $10,000,000 of Multifamily Housing Revenue Bonds for The Forum.
Declares the intent of the City to issue an amount not to exceed $10 million of its Multifamily Housing Revenue Bonds for The Colorado Coalition for the Homeless, or its affiliates, to support the renovations of The Forum project, an affordable multifamily apartment complex located at 250 West 14th Avenue in Council District 10. The Committee approved filing this item at its meeting on 3-16-21.
body

Affected Council District(s) or citywide? Council District 10

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
The proposed resolution is to declare the intent of the City and County of Denver, Colorado to issue an amount not to exceed $10,000,000 of its Multifamily Housing Revenue Bonds for The Forum project located at 250 W. 14th Ave. in Council District 10. The project will be renovated by CCH or its affiliates. The PAB will be a part of the financing package for CCH, or its affiliates, to rehabilitate an existing 10 story, 100-unit affordable multifa...

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