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File #: 21-0442    Version: 1
Type: Bill Status: Passed
File created: 4/12/2021 In control: Finance & Governance Committee
On agenda: 5/10/2021 Final action: 5/10/2021
Title: A bill for an ordinance approving a proposed Purchase and Sale Agreement between the City and County of Denver and Colfax Downing Owner, LLC for the sale of a remnant piece of property located at 1431 N. Marion St. Approves a purchase and sale agreement with Colfax Downing Owner, LLC for $17,000 for the sale of a 1,114 sf remnant parcel, located at 1431 N. Marion St in Council District 10 (FINAN-202158206). The last regularly scheduled Council meeting within the 30-day review period is on 2-24-21. The Committee approved filing this item at its meeting on 4-20-21.
Indexes: Zach Rothmier
Attachments: 1. BR21 0442 DOF 1431 N. Marion St. - PSA, 2. 21-0442 Filed Bill_Colfax Downing Owner LLC 202158206-00, 3. 21-0442 Purchase and Sale Agreement_Colfax Downing Owner LLC 202158206-00, 4. 21-0442 Filed Bill_Colfax Downing Owner LLC, 5. 21-0442 - signed, 6. 21-0442 Mayor's Signature
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 4-12-21

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 a proposed Purchase and Sale Agreement between the City and County of Denver and Colfax Downing Owner, LLC for the sale of a remnant piece of property located at 1431 N. Marion St.
Approves a purchase and sale agreement with Colfax Downing Owner, LLC for $17,000 for the sale of a 1,114 sf remnant parcel, located at 1431 N. Marion St in Council District 10 (FINAN-202158206). The last regularly scheduled Council meeting within the 30-day review period is on 2-24-21. The Committee approved filing this item at its meeting on 4-20-21.
body

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

Contract Control Number: FINAN-202158206

Vendor/Contractor Name (including any "DBA"): Colfax Downing Owner LLC

Type and Scope of services to be performed:
The Division of Real Estate conducted a Clearance and Release for the subject parcel and determined that the remnant parcel, consisting of- approximately 1,114 sf.- vacant square feet is surplus to municipal needs. A portion of the parcel would be retained by the City to create an L-out of the a...

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