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Finance & Governance Committee

Regular Meeting

Denver, CO · July 25, 2017

AgendaMinutes

Minutes

Minutes Finance & Governance Committee Committee Members: Kniech, Chair; Flynn, Vice-Chair; Black; Espinoza; López; Ortega Committee Staff: Shelley Smith Tuesday, July 25, 2017, 1:30 PM City & County Building, Room 391 Attendance Rollcall Present: 6- Kniech, Black, Espinoza, López, Ortega, Brooks Absent: 1- Flynn Action Items 17-0810 Approves the Emily Griffith Opportunity School Urban Redevelopment Plan authorizing the creation of an Urban Redevelopment Area and tax increment areas in Council District 9. Council Bill 17-0810 was approved for filing. Aye: 6- Kniech, Black, Espinoza, López, Ortega, Brooks Nay: 0 Absent: 1- Flynn 17-0811 Approves a cooperation agreement with the Denver Urban Renewal Authority for the Emily Griffith Opportunity School Redevelopment Area to establish the parameters for tax increment financing with incremental sales and property taxes in Council District 9 (TBD) Council Bill 17-0811 was approved for filing. Aye: 6- Kniech, Black, Espinoza, López, Ortega, Brooks Nay: 0 Absent: 1- Flynn Consent Items City and County of Denver Page 1 Printed on 7/27/2017 Minutes Finance & Governance Committee Tuesday, July 25, 2017 Following are four items that were approved on consent today. 17-0794 Amends Article V of Chapter 2 of the Denver Revised Municipal Code (DRMC) pertaining to financial disclosure by making minor corrections and clarifying the reporting period for semi-annual gift reports filed by officers. Council Bill 17-0794 was approved by consent. 17-0809 Approves the issuance of $4 million principal amount of refunding revenue notes, imposes capital charges, imposes maintenance charges, and approves and adopts an amended budget for the 2017 fiscal year by City Council sitting in its capacity as the ex-officio Board of Directors of the Denver 14th Street General Improvement District in Council District 9. Council Bill 17-0809 was approved by consent. 17-0820 Appropriates $1,050,000 in funds received from the Urban Drainage and Flood Control District (UDFCD) for drainage and flood control improvements for the Glenbrook Detention Basin project in Council District 2. Council Bill 17-0820 was approved by consent. 17-0825 A bill for an Ordinance approving a proposed purchase by the City and County of Denver (“City) of insurance coverage from: Kaiser Foundation Health Plan of Colorado; United Health Care Insurance Company; Denver Health Medical Plan, Inc.; Delta Dental of Colorado; Standard Insurance Company of Colorado, Inc.; Vision Service Plan Insurance Company. Approves the recommended 2018 changes to City and County of Denver healthcare benefit plans. Council Bill 17-0825 was approved by consent. Note City and County of Denver Page 2 Printed on 7/27/2017

Agenda

Agenda Finance & Governance Committee Committee Members: Kniech, Chair; Flynn, Vice-Chair; Black; Espinoza; López; Ortega Committee Staff: Shelley Smith Tuesday, July 25, 2017, 1:30 PM City & County Building, Room 391 Attendance Action Items 17-0810 Approves the Emily Griffith Opportunity School Urban Redevelopment Plan authorizing the creation of an Urban Redevelopment Area and tax increment areas in Council District 9. 17-0811 Approves a cooperation agreement with the Denver Urban Renewal Authority for the Emily Griffith Opportunity School Redevelopment Area to establish the parameters for tax increment financing with incremental sales and property taxes in Council District 9 (TBD) Tracy Huggins, Denver Urban Renewal Authority Consent Items Following are four 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. For information on public comment procedures go to denvergov.org/CommitteePublicComment Page 1 Agenda Finance & Governance Committee Tuesday, July 25, 2017 17-0794 Amends Article V of Chapter 2 of the Denver Revised Municipal Code (DRMC) pertaining to financial disclosure by making minor corrections and clarifying the reporting period for semi-annual gift reports filed by officers. 17-0809 Approves the issuance of $4 million principal amount of refunding revenue notes, imposes capital charges, imposes maintenance charges, and approves and adopts an amended budget for the 2017 fiscal year by City Council sitting in its capacity as the ex-officio Board of Directors of the Denver 14th Street General Improvement District in Council District 9. 17-0820 Appropriates $1,050,000 in funds received from the Urban Drainage and Flood Control District (UDFCD) for drainage and flood control improvements for the Glenbrook Detention Basin project in Council District 2. 17-0825 Approves the recommended 2018 changes to City and County of Denver healthcare benefit plans. For information on public comment procedures go to denvergov.org/CommitteePublicComment Page 2
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