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File #: 22-0830    Version: 1
Type: Resolution Status: Adopted
File created: 7/11/2022 In control: Finance & Governance Committee
On agenda: 8/1/2022 Final action: 8/1/2022
Title: A resolution declaring the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates. Declares the intent of the City to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates. The Committee approved filing this item at its meeting on 7-19-22.
Indexes: Zach Rothmier
Attachments: 1. RR22-0830 2022 PAB Carryforward and Allocation Resolution Request-FINAL, 2. RR22-0830 PAB Carryforward Presentation- As Submitted, 3. RR22-0830 PAB_Overview, 4. 22-0830 Filed Resolution_Denver Carryforward - Inducement Resolution, 5. 22-0830 Filed Resolution_Denver Carryforward - Inducement Resolution, 6. 22-0830 - signed
Finance Item/Grant Request Template

Date Submitted: 7-18-2022

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Michael Kerrigan
Email Address: Michael.Kerrigan@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 declaring the intent of the City and County of Denver, Colorado to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates.
Declares the intent of the City to use its best efforts to issue housing revenue bonds or mortgage credit certificates to provide financing of residential facilities for low- and middle-income families or persons; prescribing certain terms and conditions of such bonds and certificates; and containing other provisions relating to the proposed issuance of such bonds and certificates. The Committee approved filing this item at its meeting on 7-19-22.
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.

The proposed resolution is an administrative procedure, being undertaken to comply with Colorado statutes to preserve the City's ability to issue private activity bonds in future years and request additional ...

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