Finance & Governance Committee

City and County Building City and County of Denver 1437 Bannock St. Denver, CO 80202 Minutes Finance & Governance Committee Committee Members: Kniech, Chair; Flynn, Vice-Chair; Black; Espinoza; López; Ortega Committee Staff: Shelley Smith Tuesday, September 13, 2016 1:30 PM City & County Building, Room 391 Attendance Present: 6- Kniech, Flynn, Black, Espinoza, López, Brooks Absent: 1- Ortega Action Items 16-0751 A resolution approving a proposed Fourth Amendatory Agreement between the City and County of Denver and Dominion Voting Systems, Inc. Adds $486,193.23 to the contract with Dominion Voting Systems, Inc. for a new contract total of $932,633.23 for a certified statewide uniform voting system, with greater efficiencies, transparency, fiscal stewardship and voter accessibility benefits (201419676-04). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this resolution at its meeting on 9-13-16. Shelley Smith A motion offered by Councilmember Black, duly seconded by Councilmember Espinoza, that Resolution 16-0751 be approved for filing. The motion carried by the following vote: Aye: 5- Kniech, Flynn, Black, Espinoza, Brooks Nay: 0 Absent: 2- López, Ortega City and County of Denver Page 1 Printed on 10/7/2016 Finance & Governance Committee Minutes September 13, 2016 16-0761 A bill for an ordinance Concerning the Approval of a Participation Agreement between the Colorado New Energy Improvement District (the “District”) and the City and County of Denver (“Denver”) to authorize the District to Conduct its New Energy Improvement Program, called Colorado Commercial Property Assessed Clean Energy (C-PACE), within Denver. Approves an intergovernmental agreement with the Colorado New Energy Improvement District authorizing the District to operate the Colorado Commercial Property Assessed Clean Energy (C-PACE) program within Denver which facilitates financing for clean energy improvements to commercial, industrial, agricultural, non-profit and multifamily properties (FINAN-201630180). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this bill at its meeting on 9-13-16. Shelley Smith A motion offered by Councilmember Flynn, duly seconded by Councilmember Brooks, that Bill 16-0761 be approved for filing. The motion carried by the following vote: Aye: 6- Kniech, Flynn, Black, Espinoza, López, Brooks Nay: 0 Absent: 1- Ortega City and County of Denver Page 2 Printed on 10/7/2016 Finance & Governance Committee Minutes September 13, 2016 16-0807 A resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and 2601-2605 W. 7th Avenue LLC, for the purchase of 2601-2605 W. 7th Avenue for multiple City uses. Approves a purchase and sale agreement with 2601-2605 W. 7th Avenue LLC, as seller, for $4,075,000 for the purchase of 2601-22605 West 7th Avenue for multiple City uses in Council District 3 (FINAN-201627755). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this resolution at its meeting on 9-13-16. Shelley Smith A motion offered by Councilmember López, duly seconded by Councilmember Brooks, that Resolution 16-0807 be approved for filing. The motion carried by the following vote: Aye: 6- Kniech, Flynn, Black, Espinoza, López, Brooks Nay: 0 Absent: 1- Ortega Consent Items City and County of Denver Page 3 Printed on 10/7/2016 Finance & Governance Committee Minutes September 13, 2016 16-0781 A resolution approving a proposed Second Amendatory Agreement between the City and County of Denver and Star Telecommunications Inc. for installation of telecommunications and network wire infrastructure. Adds $3 million to the contract with Star Telecommunications Inc. for a new total of $3,499,000 and extends the term through 12-31-19 for installation of telecommunications and network wire infrastructure (TECHS-201310423-02). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this resolution by consent on 9-13-16. Shelley Smith This Resolution 16-0781 was approved by consent. 16-0794 A resolution approving a proposed Lease Agreement between the City and County of Denver and Bolder Enterprises, LLC for property located at 5300 Franklin. Approves a new shorter lease agreement with Boulder Enterprises, LLC through April 2017 for $1 per month in rent for property at 5300 Franklin Street on the National Western Center campus that needs to be demolished due to structural issues at a cost of $508,000 in early lease termination fees to the City in Council District 9. The last regularly scheduled Council meeting within the 30-day review period is on 10-31-16. The Committee approved filing this resolution on 9-13-16. Shelley Smith This Resolution 16-0794 was approved by consent. City and County of Denver Page 4 Printed on 10/7/2016 Finance & Governance Committee Minutes September 13, 2016 The following three bill requests are companion bills. As part of the National Western Center Project, the City wants to acquire property owned by the State of Colorado and help find a replacement. 300 S. Technology Court, Broomfield, CO is an acceptable replacement for the State’s property. All closings will happen simultaneously. The City will pay the State $491,000 for the acquisition of 5000 Packing House Road in 16-0795 and the State will use the proceeds along with State funds of $599,000 for a total of $1,090,000 for the 300 Technology Court closings in 16-0796 and 16-0797. 16-0795 Approves a $491,000 agreement with the State of Colorado to purchase 5000 Packing House Road on the National Western Center campus in Council District 9 (FINAN 201629391). Shelley Smith This Resolution 16-0795 was approved by consent. 16-0796 A resolution approving a proposed Purchase and Sale Agreement between the City and County of Denver and CC Interlocken, Inc. for purchase of property located at 300 South Technology Court in Broomfield. Approves a $1,090,000 Purchase and Sale Agreement between the City and County of Denver and CC Interlocken, Inc., for purchase of property located at 300 South Technology Court in Broomfield. The last regularly scheduled Council meeting within the 30-day review period is on 10-13-16. The Committee approved filing this resolution by consent on 9-13-16. Shelley Smith This Resolution 16-0796 was approved by consent. City and County of Denver Page 5 Printed on 10/7/2016 Finance & Governance Committee Minutes September 13, 2016 16-0797 A bill for an ordinance approving a proposed Contract between the City and County of Denver and State of Colorado, Department of Agriculture, to purchase 300 South Technology Court in Broomfield. Approves an agreement for the State of Colorado to purchase 300 South Technology Court in Broomfield for $1,090,000 as a replacement location for State property acquired by the City on the National Western Center campus (FINAN 201629340). The last regularly scheduled Council meeting within the 30-day review period is on 10-17-16. The Committee approved filing this bill by consent on 9-13-16. Shelley Smith This Bill 16-0797 was approved by consent. City and County of Denver Page 6 Printed on 10/7/2016