Finance & Governance

Committee

Minutes

Tuesday, June 24, 2025, 10:30 AM

Chair: Amanda Sawyer, Vice Chair: Diana Romero Campbell

Members: Serena Gonzales-Gutierrez, Paul Kashmann, Shontel M. Lewis, Amanda P. Sandoval,

Darrell Watson

Staff: Luke Palmisano

Attendance

10 -

Present:

Sawyer, Romero Campbell, Gonzales-Gutierrez, Kashmann, Lewis, Sandoval,

Watson, Gilmore, Flynn, Parady

Action Items

25-0914

For an ordinance concerning the authorization of a Loan Agreement

between the City & County of Denver, acting on behalf of its Denver

Downtown Development Authority (DDDA) and PNC Bank, National

Association, and an optional Revolving Credit Agreement between the City

& County of Denver, acting on behalf of its DDDA, and PNC Bank, National

Association, in order to finance certain development projects authorized

under the Amended and Restated Denver Downtown Development

Authority Plan of Development; authorizing the prepayment of the City’s

outstanding Loan Agreement dated February 3, 2017, as amended; and

other documents related thereto; ratifying action previously taken relating

thereto; and providing other matters relating thereto.

A motion offered by Council member Sandoval, duly seconded by Council

member Watson, that Council Bill 25-0914 and Council Bill 25-0915 be approved

for filing in a block, carried by the following vote:

7 -

Aye:

Nay:

Sawyer, Romero Campbell, Gonzales-Gutierrez, Kashmann, Lewis, Sandoval,

Watson

25-0915

Establishes the “Denver Downtown Development Authority” Special

Revenue Fund (11893) to receive and expend funds collected on behalf of

the Denver Downtown Development Authority for related operational and

administrative costs, citywide.

A motion offered by Council member Sandoval, duly seconded by Council

member Watson, that Council Bill 25-0914 and Council Bill 25-0915 be approved

for filing in a block, carried by the following vote:

7 -

Aye:

Sawyer, Romero Campbell, Gonzales-Gutierrez, Kashmann, Lewis, Sandoval,

Watson

Nay:

25-0920

A bill for an ordinance submitting to a vote of the qualified and registered

electors of the City and County of Denver at the general municipal election

on November 4, 2025, a proposed amendment to the Charter of the City

and County of Denver concerning the manner in which at-large council

members are elected.

A motion offered by Council member Watson, duly seconded by Vice Chair

Romero Campbell, that Council Bill 25-0920 be approved for filing, carried by the

following vote:

4 - Sawyer, Romero Campbell, Kashmann, Watson

3 - Gonzales-Gutierrez, Lewis, Sandoval

Aye:

Nay: