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File #: 22-0263    Version: 1
Type: Resolution Status: Adopted
File created: 2/27/2022 In control: Business, Arts, Workforce, Climate & Aviation Services Committee
On agenda: 3/14/2022 Final action: 3/14/2022
Title: A resolution approving a proposed Amendment, Assumption and Modification Agreement by and among the City and County of Denver, Re:Vision, and Meade Street Gardens, LLC that allows the transfer of the property and assignment of the associated performance loans and payments to Meade Street Gardens, LLC an affiliate of Urban Land Conservancy. Amends a contract with Re:Vision to allow for the transfer of the property located at 3738 Morrison Road in Council District 3, and assigns the associated performance loans and payments to Meade Street Gardens, LLC an affiliate of Urban Land Conservancy. No change to contract amount or duration (OEDEV - 202262198). The last regularly scheduled Council meeting within the 30-day review period is on 4-4-2022. The Committee approved filing this item at its meeting on 3-9-2022.
Indexes: Lucas Palmisano
Attachments: 1. RR22 0263 DEDO Revision Meade St Gardens LLC_Final, 2. 22-0263 FINAL Filed Resolution_Re Vision-Meade Street Gardens LLC_202262198-02_03092022_BLM, 3. 22-0263 Filed Amendment Assumption and Modification Agreement_Re Vision - MeadeStGardensLLC_202262198-02_BLM_03092022, 4. 22-0263 FINAL Filed Resolution_Re Vision-Meade Street Gardens LLC, 5. 22-0263 - signed

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 2/28/22

 

Requesting Agency: DEDO

                               Division:

 

Subject Matter Expert Name: Patrick Walton
Email Address: Patrick.walton@denvergov.org
Phone Number:

 

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 a proposed Amendment, Assumption and Modification Agreement by and among the City and County of Denver, Re:Vision, and Meade Street Gardens, LLC that allows the transfer of the property and assignment of the associated performance loans and payments to Meade Street Gardens, LLC an affiliate of Urban Land Conservancy.

Amends a contract with Re:Vision to allow for the transfer of the property located at 3738 Morrison Road in Council District 3, and assigns the associated performance loans and payments to Meade Street Gardens, LLC an affiliate of Urban Land Conservancy. No change to contract amount or duration (OEDEV - 202262198). The last regularly scheduled Council meeting within the 30-day review period is on 4-4-2022. The Committee approved filing this item at its meeting on 3-9-2022.

body

 

Affected Council District(s) or citywide? District 3

 

Contract Control Number: OEDEV - 202262198

 

Vendor/Contractor Name (including any “DBA”): Re:Vision

 

Type and Scope of services to be performed:

This amendment allows Meade Street Gardens, LLC, to operate the location as a property manager. Meade Street Gardens, LLC is an affiliate of Urban Land Conservancy and Re:Vision. Meade Street Gardens, LLC will be assigned the loan performance and repayment provisions.

 

Background

Re:Vision (formerly known as Revision International) is a non-profit based in the Westwood neighborhood whose mission is to work with people in marginalized neighborhoods to develop leaders, cultivate community food systems, and grow resilient local economies.

 

This project provides $1,200,000 of CDBG funds for the acquisition and related soft costs associated with the creation of the Westwood Food Hub through the purchase of 3738 Morrison Road.

 

Since 2009 Re:Vision has empowered families to plant organic vegetable gardens in their backyards through a community-based model. The project started five years ago with seven families growing to 300 families this year. In 2014 Westwood, 35% of the population lives below the poverty line, compared to 15% of families in the Denver overall. Over 95 % of children in the neighborhood were eligible for free- or reduced-price lunch at the time of the project.

 

At the time of the original contract, the Westwood food HUB - the first of its kind in a Denver food desert neighborhood- will aggregate, process, market and distribute food by the 300+ urban farmers Revision already supports.

 

This is a performance-based loan is secured by a Deed of Trust on the property and will be forgiven after the term of the loan (25 years) so long as the community facility stays in place for those 25 years.

 

 

Location (if applicable): 3738 Morrison Road

 

WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts): N/A

 

Are WBE/MBE/DBE goals met (if applicable)?

 

Is the contract new/a renewal/extension or amendment? Amendment

 

Was this contractor selected by competitive process or sole source? Loan agreement

                     

For New contracts

Term of initial contract:

 

Options for Renewal:

                     How many renewals (i.e. up to 2 renewals)?

                     Term of any renewals (i.e. 1 year each):

 

Cost of initial contract term:

 

Cost of any renewals:

 

Total contract value council is approving if all renewals exercised:

 

For Amendments/Renewals Extensions:

Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)? Change in terms

 

If length changing

What was the length of the term of the original contract? 25 years

 

What is the length of the extension/renewal?

 

What is the revised total term of the contract?

 

If cost changing

What was the original value of the entire contract prior to this proposed change? $1,200,000

 

What is the value of the proposed change?

 

What is the new/revised total value including change?

 

If terms changing

Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)

This amendment allows Meade Street Gardens, LLC, to operate the location as a property manager. Meade Street Gardens, LLC is an affiliate of Urban Land Conservancy and Re:Vision. Meade Street Gardens, LLC will be assigned the loan performance and repayment provisions.