City and County of Denver - File #: 21-0289

• File #: 21-0289
• Version: 1
• Type: Bill
• Status: Passed
• File created: 3/8/2021
• In control: Finance & Governance Committee
• On agenda: 4/5/2021
• Final action: 4/5/2021
• Title: A bill for an ordinance approving a proposed Amendment to Purchase and Sale Agreement between the City and County of Denver and Brothers Redevelopment, Inc. to amend and modify the terms related to the City's conveyance of the property located at 7900 East Colfax Avenue. Amends the Purchase and Sale Agreement with Brothers Redevelopment, Inc. for the disposition of 7900 E. Colfax Avenue to make technical corrections to both the legal description of the property to be conveyed and to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 5 (FINAN-201952186-00; FINAN-202056952-01). The last regularly scheduled Council meeting within the 30-day review period is on 4-19-21. The Committee approved filing this item at its meeting on 3-16-21.
• Indexes: Zach Rothmier

Date	Ver.	Action By	Action	Result
4/6/2021	1	Mayor	signed
4/5/2021	1	Council President	signed
4/5/2021	1	City Council	placed upon final consideration and do pass	Pass
3/30/2021	1	City Council	ordered published
3/16/2021	1	Finance & Governance Committee	approved by consent

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 3-8-21

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Lisa Lumley - Assistant Director of Real Estate
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 a proposed Amendment to Purchase and Sale Agreement between the City and County of Denver and Brothers Redevelopment, Inc. to amend and modify the terms related to the City's conveyance of the property located at 7900 East Colfax Avenue.
Amends the Purchase and Sale Agreement with Brothers Redevelopment, Inc. for the disposition of 7900 E. Colfax Avenue to make technical corrections to both the legal description of the property to be conveyed and to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 5 (FINAN-201952186-00; FINAN-202056952-01). The last regularly scheduled Council meeting within the 30-day review period is on 4-19-21. The Committee approved filing this item at its meeting on 3-16-21.
body

Affected Council District(s) or citywide? Council District 5

Contract Control Number: FINAN-201952186-00 / FINAN-202056952-01

Vendor/Contractor Name (including any "DBA"): Brothers Redevelopment, Inc.,

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