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File #: 22-0900    Version: 1
Type: Bill Status: Passed
File created: 7/25/2022 In control: Finance & Governance Committee
On agenda: 8/22/2022 Final action: 8/22/2022
Title: A bill for an ordinance establishing a new Capital Fund in the Grant and Other Money Projects Fund Series for the "Globeville TIF Improvements Fund" program and authorizing appropriations in the new fund. Establishes a new capital improvement fund, the Globeville TIF Improvements Fund (38381), within the Grant and Other Money Projects Fund Series to accompany the Project Funding Agreement for Globeville improvements between Adams County, City and County of Denver, and Denver Urban Renewal Authority for use of tax increment revenues on transportation and mobility projects. The Committee approved filing this item at its meeting on 8-2-2022.
Indexes: Mar'quasa Maes
Attachments: 1. BR22-0900 DOF_CPP_GlobevilleURPProjectsFund, 2. CB22 0900_DOF_CPP_GlobevilleURP_New Capital Fund Approp, 3. 22 0900 Filed Bill_DOF_CPP_GlobevilleURP_New Capital Fund Approp, 4. 22-0900 - signed, 5. 22-0900 For an ordinance establishing a new Capital Fund in the Grant and Other Money 8 Projects Fund Series for the “Globeville TIF Improvements Fund”
Finance Item/Grant Request Template

Date Submitted: 8-1-2022

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Melanie Choquette
Email Address: Melanie.choquette@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 bill for an ordinance establishing a new Capital Fund in the Grant and Other Money Projects Fund Series for the "Globeville TIF Improvements Fund" program and authorizing appropriations in the new fund.
Establishes a new capital improvement fund, the Globeville TIF Improvements Fund (38381), within the Grant and Other Money Projects Fund Series to accompany the Project Funding Agreement for Globeville improvements between Adams County, City and County of Denver, and Denver Urban Renewal Authority for use of tax increment revenues on transportation and mobility projects. The Committee approved filing this item at its meeting on 8-2-2022.
body

Affected Council District(s) or citywide? 9

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.

This companion ordinance is requesting the establishment of a capital grant fund to accept, appropriate and expend revenues from the Denver Urban Renewal Authority ("DURA") for the implementation of projects to further the objectives of the Globeville Commercial Urban Redevelopment Plan, as governed by the Project Funding Agreement for Globeville Improvements between the City, Adams County and DURA that is concurrently being considered by City ...

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