Finance & Governance Committee
Regular MeetingDenver, CO · January 3, 2017
Minutes
Minutes
Finance & Governance
Committee
Committee Members: Kniech, Chair; Flynn, Vice-Chair; Black;
Espinoza; López; Ortega
Committee Staff: Shelley Smith
Tuesday, January 3, 2017, 1:30 PM
City & County Building, Room 391
Rollcall
Present: 6- Kniech, Flynn, Black, Espinoza, Ortega, Brooks
Absent: 1- López
Action Items
16-1342 Approves a loan agreement with Compass Bank, Compass Mortgage
Corporation, and U.S. Bank National Association for the refinancing of a
portion of the outstanding debt of the Denver Union Station Project in
Council District 9.
A motion offered by Councilmember Flynn, duly seconded by Councilmember
Black, that Bill 16-1342 be approved for filing carried by the following vote:
Aye: 5- Kniech, Flynn, Black, Espinoza, Brooks
Nay: 0
Absent: 2- López, Ortega
16-1318 Approves the $4.45 million purchase and sale agreement with BCP-48th
Avenue I LLC for the purchase of property located at 4330 East 48th
Avenue, for multiply City uses including overflow emergency shelter and
City storage in Council District 8 (FINAN 201631701-00).
A motion offered by Councilmember Flynn, duly seconded by Brooks, that
Resolution 16-1318 be approved for filing carried by the following vote:
Aye: 6- Kniech, Flynn, Black, Espinoza, Ortega, Brooks
Nay: 0
Absent: 1- López
16-1341 Approves a supplemental appropriation of $4.6 million in various City funds
for the acquisition of the property at 4330 East 48th Avenue for use as an
City and County of Denver Page 1 Printed on 1/4/2017
Minutes
Finance & Governance Committee
Tuesday, January 3, 2017
emergency shelter and general City storage in Council District 8.
A motion offered by Councilmember Flynn, duly seconded by Councilmember
Brooks, that Bill 16-1341 be approved for filing carried by the following vote:
Aye: 6- Kniech, Flynn, Black, Espinoza, Ortega, Brooks
Nay: 0
Absent: 1- López
Consent Item
Below are items that were approved on the Committee's consent agenda today.
17-0003 Adds $475,000 to the current contract with Hardline Equipment, LLC for a
total contract amount of $950,000 for the installation of lubrication systems
on solid waste and street maintenance vehicles citywide (10839A0116).
This Resolution 17-0003 was approved by consent.
17-0010 Sets a public hearing on the approval of the First Amendments to the
Service Plans for the Denver Union Station Metropolitan Districts No. 1, 2,
3, 4, & 5 in Council District 9.
This Resolution 17-0010 was approved by consent.
City and County of Denver Page 2 Printed on 1/4/2017
Agenda
Agenda
Finance & Governance
Committee
Committee Members: Kniech, Chair; Flynn, Vice-Chair; Black;
Espinoza; López; Ortega
Committee Staff: Shelley Smith
Tuesday, January 3, 2017, 1:30 PM
City & County Building, Room 391
Attendance
Action Items
16-1342 Approves a loan agreement with Compass Bank, Compass
Mortgage Corporation, and U.S. Bank National Association
for the refinancing of a portion of the outstanding debt of the
Denver Union Station Project in Council District 9.
Brendan Hanlon, Chief Financial Officer; Andrew Johnston,
Department of Finance
16-1318 Approves the $4.45 million purchase and sale agreement
with BCP-48th Avenue I LLC for the purchase of property
located at 4330 East 48th Avenue, for multiply City uses
including overflow emergency shelter and City storage in
Council District 8 (FINAN 201631701-00).
Lisa Lumley, Real Estate
16-1341 Approves a supplemental appropriation of $4.6 million in
various City funds for the acquisition of the property at 4330
East 48th Avenue for use as an emergency shelter and
general City storage in Council District 8.
Stephanies Adams, Management & Budget; Jay Morein,
Human Services
See consent items next page.
For information on public comment procedures go to denvergov.org/CommitteePublicComment
Page 1
Agenda
Finance & Governance Committee
Tuesday, January 3, 2017
Consent Item
Below are items that are on the Committee's consent agenda today. Routine,
non-controversial ordinance requests that do not involve substantive policy
changes are placed on Committee agendas as consent items with the approval of
Committee chairs. Council members receive advance notice of consent items and
may request that an item be scheduled for Committee discussion instead. If no
Council member does so by the Committee's normal convening time, the requests
will be considered approved by the Committee and eligible for filing.
17-0003 Adds $475,000 to the current contract with Hardline
Equipment, LLC for a total contract amount of $950,000 for
the installation of lubrication systems on solid waste and
street maintenance vehicles citywide (10839A0116).
17-0010 Sets a public hearing on the approval of the First
Amendments to the Service Plans for the Denver Union
Station Metropolitan Districts No. 1, 2, 3, 4, & 5 in Council
District 9.
For information on public comment procedures go to denvergov.org/CommitteePublicComment
Page 2