City and County of Denver - File #: 22-1648

• File #: 22-1648
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 12/12/2022
• In control: Finance & Governance Committee
• On agenda: 1/3/2023
• Final action: 1/3/2023
• Title: A resolution approving a proposed Funding and Assignment Agreement between the City and County of Denver, Urban Peak Denver and The Peak, Inc., for the construction of a shelter facility comprised of at least 136 beds, totaling an amount not to exceed as approved by voters in the 2021 RISE Denver General Obligation Bond package. Approves a funding and assignment agreement with Urban Peak Denver and The Peak, Inc. for $16,764,567 as part of the approved RISE Denver General Obligation Bond projects, to construct a shelter facility with a minimum of 136 beds serving minors and transition-aged youth, with a 60-year covenant for operating the shelter, located at 1630 South Acoma Street in Council District 7 (202265966-00). The last regularly scheduled Council meeting within the 30-day review period is on 1-23-2023. The Committee approved filing this item at its meeting on 12-20-2022.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
1/3/2023	1	Council President	signed
1/3/2023	1	City Council	adopted	Pass
12/20/2022	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 12-19-2022

Requesting Agency: Department of Finance
Division:

Subject Matter Expert Name: David Solin (DOF), Jane Fisher (DOTI) and Megan Yonke (HOST)
Email Address: David.solin@denvergov.org, jane.fisher@denvergov.org, megan.yonke@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 Funding and Assignment Agreement between the City and County of Denver, Urban Peak Denver and The Peak, Inc., for the construction of a shelter facility comprised of at least 136 beds, totaling an amount not to exceed as approved by voters in the 2021 RISE Denver General Obligation Bond package.
Approves a funding and assignment agreement with Urban Peak Denver and The Peak, Inc. for $16,764,567 as part of the approved RISE Denver General Obligation Bond projects, to construct a shelter facility with a minimum of 136 beds serving minors and transition-aged youth, with a 60-year covenant for operating the shelter, located at 1630 South Acoma Street in Council District 7 (202265966-00). The last regularly scheduled Council meeting within the 30-day review period is on 1-23-2023. The Committee approved filing this item at its meeting on 12-20-2022.
body

Affected Council District(s) or citywide? 7

Contract Control Number: 202265966-00

Vendor/Contractor Name (including any "DBA"): Urban Peak Denver and The Peak, Inc.

Type and Scope of services to be performed:
In November 2021, voters approved a RISE Denver Gener...