City and County of Denver - File #: 23-0458

• File #: 23-0458
• Version: 1
• Type: Bill
• Status: Passed
• File created: 4/17/2023
• In control: Finance & Governance Committee
• On agenda: 5/8/2023
• Final action: 5/17/2023
• Title: A bill for an ordinance approving a proposed Cooperation Agreement between the City and County of Denver and Denver Urban Renewal Authority, for the 38th and Huron Property Tax Increment Area and Sales Tax Increment Area to establish, among other matters, the parameters for tax increment financing with incremental property and sales taxes. Approves an intergovernmental cooperation agreement with the Denver Urban Renewal Authority (DURA) for the 38th and Huron Property Tax Increment Area and Sales Tax Increment Area to establish, among other matters, the parameters for tax increment financing with incremental property and sales taxes in Council District 9 (FINAN-202367471). The last regularly scheduled Council meeting within the 30-day review period is on 5-29-2023. The Committee approved filing this item at its meeting on 4-25-2023.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
5/17/2023	1	Mayor	signed
5/15/2023	1	Council President	signed
5/15/2023	1	City Council	postponed	Pass
5/15/2023	1	City Council	placed upon final consideration and do pass	Pass
5/8/2023	1	City Council	ordered published	Pass
4/25/2023	1	Finance & Governance Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 4-24-2023

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Michael Kerrigan, Tracy Huggins
Email Address: Michael.kerrigan@denvergov.org; thuggins@renewdenver.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 approving a proposed Cooperation Agreement between the City and County of Denver and Denver Urban Renewal Authority, for the 38th and Huron Property Tax Increment Area and Sales Tax Increment Area to establish, among other matters, the parameters for tax increment financing with incremental property and sales taxes.
Approves an intergovernmental cooperation agreement with the Denver Urban Renewal Authority (DURA) for the 38th and Huron Property Tax Increment Area and Sales Tax Increment Area to establish, among other matters, the parameters for tax increment financing with incremental property and sales taxes in Council District 9 (FINAN-202367471). The last regularly scheduled Council meeting within the 30-day review period is on 5-29-2023. The Committee approved filing this item at its meeting on 4-25-2023.
body

Affected Council District(s) or citywide? 9

Contract Control Number: FINAN-202367471

Vendor/Contractor Name (including any "DBA"): Denver Urban Renewal Authority

Type and Scope of services to be performed:
This ordinance approves a Cooperation Agreement between the City and County of Denver and the Denver Urban Renewal Authority ("DURA") for the property and sales tax incre...