Finance and Business

AGENDA

Tuesday, August 26, 2025, 10:30 AM

City & County Building, room 391

Chair: Serena Gonzalez-Gutierrez, Vice Chair: Paul Kashmann

Members: Stacie Gilmore, Chris Hinds, Diana Romero Campbell, Amanda Sandoval, Darrell Watson

Staff: Anne Wallace

Attendance

Action Items

25-1221

Approves a Cooperation Agreement between the City and

County of Denver and the Denver Urban Renewal

Authority for the Rock Drill 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-202579721).

Tracy Huggins, DURA

25-1222

Approves the Rock Drill Urban Redevelopment Plan

authorizing the creation of an Urban Redevelopment Area

and property tax and sales tax increment areas, in

Council District 9.

Tracy Huggins, DURA

25-1237

For an ordinance amending Section 54-816 of Division 2

of Article XV of Chapter 54 of the Revised Municipal Code

of the City and County of Denver concerning disposal

procedure of impounded vehicles, citywide.

There will be 15 minutes of public comment on item

25-1237. To sign up to speak visit

www.denvergov.org/councilpublicinput.

a) Briefing

b) Public comment

c) Discussion/Action

Consent Items

25-1210

25-1223

25-1224

Amends Master Purchase Order (MPO) with Genuine Parts

Co. (dba NAPA Denver) to add $600,000.00 for a new

total of $3,850,000.00 for the continued purchase of

Aftermarket Auto Parts in support of the City’s fleet

vehicles. No change to MPO length, citywide

(SC-00006079).

For an ordinance amending Ordinance No. 0304, Series of

2015, which created and established the RiNo Business

Improvement District, to increase the number of members

of the Board of Directors to be appointed and to increase

the number of Board Members required for a quorum, in

Council District 9.

Approves the Purchase and Sale Agreement with 4965

Washington Street LLLP for $9,100,000.00 with an end

date of 12-31-2027 for a condominium interest in a

portion of the property being developed at 4965

Washington Street for the purpose of establishing a

Denver Public Library, in Council District 9

(FINAN-202580361).

25-1225

25-1226

Approves a 99-year Land Lease with 4965 Washington

Street LLLP for the development of 170 affordable

housing units, a commercial community serving space,

and the new Globeville Library at 4965 Washington Street

in, Council District 9 (FINAN-202579178).

For an ordinance authorizing the issuance and sale of an

aggregate amount not to exceed $23,000,000.00 of the

City and County of Denver, Colorado Multifamily Housing

Revenue Bonds (Loretto Heights Family Apartments),

Series 2025A and an aggregate amount not to exceed

$5,000,000.00 of the City and County of Denver,

Colorado Multifamily Housing Revenue Bonds (Loretto

Heights Family Apartments), Taxable Series 2025B for the

purpose of financing the acquisition, construction and

equipping of an affordable multifamily rental housing

facility located in the City and County of Denver,

Colorado and to pay certain expenses of such Bonds (as

defined below) issue; approving and authorizing

execution of a Bond Financing Agreement, a Tax

Regulatory Agreement, and a Bond Purchase and

Construction Loan Agreement (each as defined below)

with respect to the Bonds; making findings and

determinations with respect to the Project (as defined

below) and the Bonds; authorizing the execution and

delivery of related documents; and repealing all action

heretofore taken in conflict herewith.