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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
Attachments: 1. BR23-0458_DOF- Coop Agreement Ordinance Request 38th and Huron- As Submitted, 2. FinGov 38th & Huron 4-20-23 presentation pdf, 3. FinGov 38th & Huron 4-20-23 presentation, 4. FinGov 38th & Huron 4-24-23 presentation final pdf, 5. FinGov 38th & Huron 4-24-23 presentation final, 6. 23-0458 Agr_DENVER+URBAN+RENEWAL+AUTHORITY (2), 7. 23-0458 Filed Bill_38th Huron Cooperation Agreement_202367471 BTN REDLINE 2023-04-10, 8. 23-0458 Filed Bill_38th Huron Cooperation Agreement_202367471 BTN REDLINE 2023-04-10, 9. 38th Huron_ConditionsStudy, 10. 38thHuron_URP_PB_Findings_Report_w_Attachment_042523, 11. 23-0458 - signed, 12. 23-0458 For an ordinance approving a proposed Cooperation Agreement between the
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...

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