City and County of Denver - File #: 23-1968

• File #: 23-1968
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 12/14/2023
• In control: City Council
• On agenda: 12/18/2023
• Final action: 12/18/2023
• Title: A resolution approving a proposed Assignment and Amendment to Purchase Agreement among the City and County of Denver, East Hampden Hotel Fee, LLC and Hampden Heart, LLC for the City to acquire real property located at 7525 E. Hampden Avenue, in Council District 4. Approves an Assignment and Amendment to the Purchase and Sale Agreement with East Hampden Hotel Fee, LLC, Hampden Heart, LLC for $30,900,000 and a term ending on 3-31-2024 for the property located at 7525 East Hampden Avenue, in Council District 4. FINAN-202371927. Councilmember Torres approved direct filing this item on 12-14-2023.
• Sponsors: Stacie Gilmore, Serena Gonzales-Gutierrez, Chris Hinds, Paul Kashmann, Shontel Lewis, Sarah Parady, Diana Romero Campbell, Amanda Sandoval, Amanda Sawyer, Jamie Torres, Darrell Watson, Kevin Flynn
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
12/18/2023	1	Council President	signed
12/18/2023	1	City Council	adopted	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 12-18-2023

Requesting Agency: Finance

                               Division:

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 proposed Assignment and Amendment to Purchase Agreement among the City and County of Denver, East Hampden Hotel Fee, LLC and Hampden Heart, LLC for the City to acquire real property located at 7525 E. Hampden Avenue, in Council District 4.

Approves an Assignment and Amendment to the Purchase and Sale Agreement with East Hampden Hotel Fee, LLC, Hampden Heart, LLC for $30,900,000 and a term ending on 3-31-2024 for the property located at 7525 East Hampden Avenue, in Council District 4. FINAN-202371927. Councilmember Torres approved direct filing this item on 12-14-2023.

body

Affected Council District(s) or citywide?

Council District 4

Contract Control Number:

FINAN-202371927

Vendor/Contractor Name (including any “DBA”):

East Hampden Hotel Fee, LLC

Type and Scope of services to be performed:

Location (if applicable):

WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):

N/A

Are WBE/MBE/DBE goals met (if applicable)?

N/A

Is the contract new/a renewal/extension or amendment?

New

Was this contractor selected by competitive process or sole source?

                     N/A

For New contracts

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Current Contract Amount (A)	Additional Funds (B)	Total Contract Amount (A+B)
$30,900,000	$0	$30,900,000

e>

Current Contract Term	Added Time	New Ending Date
Approximately 12/28/2023	0	03/31/2024

Legislation Text

Legislation Details

Legislation Details (With Text)