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File #: 21-1299    Version: 1
Type: Bill Status: Passed
File created: 10/25/2021 In control: Finance & Governance Committee
On agenda: 11/22/2021 Final action: 11/22/2021
Title: A bill for an ordinance establishing a new Fund in the Capital Improvements and Capital Maintenance Fund Series for the "Transportation and Mobility Capital Projects" program. Establishes a new capital improvement fund (34801 Transportation and Mobility Capital Projects) within the Capital Improvement and Capital Maintenance Fund Series for expenditures related to planning, design, and construction of capital improvements specific to transportation and mobility infrastructure. The Committee approved filing this item at its meeting on 11-2-21.
Indexes: Zach Rothmier
Attachments: 1. BR21 1299 DOF CPRE_New Transportation Mobility Capital Projects Fund, 2. CB21-1299 DOF_CPP_New_Transpotation Mobility Capital Fund, 3. 21-1299 Filed Bill DOF_CPP_New_Transpotation Mobility Capital Fund, 4. 21-1299 - signed, 5. 21-1299 For an ordinance establishing a new Fund in the Capital Improvements and Capital
Finance Item/Grant Request Template

Date Submitted: 10-25-21

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Emily Snyder, Director of Capital Planning
Email: Emily.Snyder@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 establishing a new Fund in the Capital Improvements and Capital Maintenance Fund Series for the "Transportation and Mobility Capital Projects" program.
Establishes a new capital improvement fund (34801 Transportation and Mobility Capital Projects) within the Capital Improvement and Capital Maintenance Fund Series for expenditures related to planning, design, and construction of capital improvements specific to transportation and mobility infrastructure. The Committee approved filing this item at its meeting on 11-2-21.
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.
Beginning in January 2022, there will be an increase to metered parking rates from $1 to $2 per hour. The incremental increase in revenue associated with this rate change will be dedicated to transportation and mobility programs and projects, such as safety improvements and enhancements to the city's bicycle, pedestrian and transit networks. Special Revenue Fund 11882 is established to receive the additional parking revenues and support operating expenditures; however, as the revenues may also be used for capital improvemen...

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