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File #: 23-0336    Version: 1
Type: Resolution Status: Adopted
File created: 3/21/2023 In control: Finance & Governance Committee
On agenda: 4/17/2023 Final action: 4/17/2023
Title: A resolution approving a Purchase And Sale Agreement between the City and County of Denver and Correctional Management, LLC, who acquired title as Correctional Management, Inc. by merger to CO Property Holdings, LLC to purchase a property in support of residential community corrections, located at 4511 East 46th Avenue in Council District 8. Approves a purchase and sale agreement with Correctional Management, Inc., successor by merger to CO Property Holdings, LLC, for $8,000,000 to purchase a property in support of residential community corrections, located at 4511 East 46th Avenue in Council District 8 (FINAN-202367251). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-2023. The Committee approved filing this item at its meeting on 4-4-2023.
Indexes: Lucas Palmisano
Attachments: 1. RR23_0336_DOF_PSA_DahliaFacility, 2. Dahlia PSA 3.30.23 presentation pdf, 3. Dahlia PSA 3.30.pdf, 4. 23-0336_Signed Acquisition_4511 E 46th Ave Denver CO_202367251, 5. 23-0336 Filed Resolution_ Correctional Management Inc._202367251, 6. 23-0336 Filed Resolution_Correctional Management Inc., 7. 23-0336 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 3/21/23

Requesting Agency: Finance
Division: Real Estate

Subject Matter Expert Name: Lisa Lumley
Email Address: lisa.lumley@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 Purchase And Sale Agreement between the City and County of Denver and Correctional Management, LLC, who acquired title as Correctional Management, Inc. by merger to CO Property Holdings, LLC to purchase a property in support of residential community corrections, located at 4511 East 46th Avenue in Council District 8.
Approves a purchase and sale agreement with Correctional Management, Inc., successor by merger to CO Property Holdings, LLC, for $8,000,000 to purchase a property in support of residential community corrections, located at 4511 East 46th Avenue in Council District 8 (FINAN-202367251). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-2023. The Committee approved filing this item at its meeting on 4-4-2023.
body

Affected Council District(s) or citywide? District 8

Contract Control Number: FINAN-202367251

Vendor/Contractor Name (including any "DBA"): Correctional Management, Inc., successor by merger to CO Property Holdings, LLC

Type and Scope of services to be performed:

Currently, the City has a service agreement with CoreCivic to provide residential and non-residential reentry services to individuals returning from incarceration at 4511 E. 46th Avenue known as the Dahlia ...

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