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File #: 22-0446    Version: 1
Type: Resolution Status: Adopted
File created: 4/18/2022 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 5/9/2022 Final action: 5/9/2022
Title: A resolution approving a proposed First Amendment and Modification Agreement between the City and County of Denver and The St. Francis Center to correct the maturity date of the loan made to The St. Francis Center for the acquisition of real property to be developed as affordable housing. Amends a loan agreement with the St. Francis Center to correct a clerical error and make the loan term 1-22-2022 through 2-1-2025 with the possibility of two, one-year extensions, as originally intended, for land acquisition for construction of affordable housing at 221 North Federal Boulevard in Council District 3. No change to overall loan amount. (HOST-202262614-01, HOST-202054973-01). The last regularly scheduled Council meeting within the 30-day review period is on 5-23-22. The Committee approved filing this item at its meeting on 4-27-22.
Indexes: Emily Lapel
Attachments: 1. RR22-0446 St. Francis Center amendment, 2. 22-0446_Filed_Resolution_The_St._Francis_Center_202262614-01, 3. 22-0446 1stAmendAgr_TheSt.FrancisCenter_202262614-01, 4. 22-0446_Filed_Resolution_The_St._Francis_Center, 5. 22-0446 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 4-18-22

Requesting Agency: Department of Housing Stability
Division:

Subject Matter Expert Name: Jack Wylie
Email Address: jack.wylie@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 First Amendment and Modification Agreement between the City and County of Denver and The St. Francis Center to correct the maturity date of the loan made to The St. Francis Center for the acquisition of real property to be developed as affordable housing.
Amends a loan agreement with the St. Francis Center to correct a clerical error and make the loan term 1-22-2022 through 2-1-2025 with the possibility of two, one-year extensions, as originally intended, for land acquisition for construction of affordable housing at 221 North Federal Boulevard in Council District 3. No change to overall loan amount. (HOST-202262614-01, HOST-202054973-01). The last regularly scheduled Council meeting within the 30-day review period is on 5-23-22. The Committee approved filing this item at its meeting on 4-27-22.
body

Affected Council District(s) or citywide? Council District 3

Contract Control Number: HOST-202262614-01, HOST-202054973-01

Vendor/Contractor Name (including any "DBA"): St. Francis Center

Type and Scope of services to be performed:
The only change is to the correct a clerica...

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