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20-0491
| 1 | | Resolution | Adopted | A resolution approving a proposed Loan Agreement between the City and County of Denver and Brothers Redevelopment, Inc. to provide financing for the acquisition and development of affordable housing in the Globeville and Elyria Swansea neighborhoods.
Approves a performance loan agreement with Brothers Redevelopment, Inc. for $2,000,000 and through 12-31-22 for the creation of nine units for affordable homeownership through new construction or the acquisition and rehabilitation of existing units, the acquisition of land for homeownership development and associated administrative costs in the Globeville, Elyria, and Swansea neighborhoods in Council District 9 (HOST-202053863-00). The last regularly scheduled Council meeting within the 30-day review period is on 6-29-20. The Committee approved filing this item at its meeting on 6-3-20. | approved for filing | Pass |
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20-0509
| 1 | | Resolution | Adopted | A resolution approving a proposed Loan Agreement between the City and County of Denver and Elevation Community Land Trust, LLC to finance the acquisition, rehabilitation, or construction of for-sale affordable housing units.
Approves a performance loan agreement with Elevation Community Land Trust, LLC for $3,000,000 and for 99 years to support the acquisition, rehabilitation, or construction of 60 housing units to be sold to households at or below 100% of the Area Median Income at sites across the city (HOST-202053866). The last regularly scheduled Council meeting within the 30-day review period is on 7-20-20. The Committee approved filing this item at its meeting on 6-3-20. | approved for filing | Pass |
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20-0507
| 1 | | Bill | Passed | A bill for an ordinance amending the Revised Municipal Code of the City and County of Denver to alter the deadlines for retail tobacco store licenses.
Amends Chapter 24 and Chapter 32 of the Denver Revised Municipal Code (DRMC) to move the dates required for tobacco retailers to apply for a license back by 6 months respectively due to COVID 19 related issues. The Committee approved filing this item at its meeting on 6-3-20. | approved by consent | |
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20-0508
| 1 | | Bill | Failed | A bill for an ordinance approving a proposed Sixth Amendatory Agreement between the City and County of Denver and State of Colorado Judicial Department, to pay for personnel to provide a school based gang prevention program.
Amends an agreement with the Colorado State Judicial Department by adding $75,807.82 for a new total of $999,637.73 and six months for a new end date of 6-30-20 to continue the work of the Gang Reduction Initiative of Denver (GRID) program, citywide (SAFTY-201100301; SAFTY-201952991). The last regularly scheduled Council meeting within the 30-day review period is on 6-29-20. The Committee approved filing this item at its meeting on 6-3-20. | approved by consent | |
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20-0510
| 1 | | Resolution | Adopted | A resolution approving a proposed First Amendment and Modification Agreement between the City and County of Denver and Brandon VOA Family Housing, LLC to amend and modify the terms and conditions of the Loan Agreement.
Amends a loan agreement with Brandon VOA Family Housing LLC to add language allowing the City's loan to take a subordinate position to the Colorado Housing and Finance Authority's (CHFA) Land Use Restriction Agreement (LURA) for a recently completed 103-unit affordable rental project located at 1555 Xavier Street in Council District 1 (OEDEV-201840084-01). The last regularly scheduled Council meeting within the 30-day review period is on 6-29-20. The Committee approved filing this item at its meeting on 6-3-20. | approved by consent | |
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