Finance & Governance Committee

Minutes Finance & Governance Committee Committee Members: Flynn, Chair; Clark, Vice-Chair; Black; Susman; Kneich; López Committee Staff: Shelley Smith Tuesday, November 21, 2017, 1:30 PM City & County Building, Room 391 Committee Canceled. Consent Agenda Included. Consent Items 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. 17-1296 Approves a $10,765,350.58 appropriation for the City employee 2018 Self-Insured Dental Fund. approved by consent 17-1297 Approves a $3,616,086.29 appropriation for the 2018 City employee Flexible Spending Account. approved by consent 17-1301 Appropriates $4.8 million from the General Fund contingency to the Office of Economic Development’s Business Incentive Fund to correct a previous action and appropriate the funds as originally approved. approved by consent 17-1313 Adds $500,000 and one year to a contract with CenturyLink, LLC for a new total of $3,471,588.50 and end date of 12-31-18 for maintenance and repair of Denver 911 telephony systems at 303 West Colfax Avenue and 950 Josephine Street in Council Districts 9 and 10 (TECHS - CE76017). City and County of Denver Page 1 Printed on 11/21/2017  Minutes Finance & Governance Committee Tuesday, November 21, 2017 approved by consent 17-1314 Adds $2 million to a contract with CenturyLink, LLC for a new total amount of $22 million for leased line, data, and telephone services for all City agencies and amends the scope of work to upgrade internet telephone services and revise rates. No change to contract duration (TECHS-CE95035). approved by consent 17-1315 Establishes the Excise Tax Reserve Capital Special Revenue Fund No. 38421 as part of the Series 2016 Bond financing structure to serve as a reserve for future capital projects and debt issuances for the National Western Center and the Colorado Convention Center. approved by consent 17-1316 Transfers and appropriates $7,173,070 to the newly established Excise Tax Reserve Capital Special Revenue Fund No. 38421 as part of the Series 2016 Bond financing structure. approved by consent 17-1317 Establishes the Colorado Convention Center Capital Special Revenue Fund No. 38422 for Colorado Convention Center annual debt payments and capital improvements for consolidated accounting of all Colorado Convention Center capital activities. approved by consent 17-1318 Transfers and appropriates $4,791,388 from the Series 2016 (2C) Dedicated Tax Flow of Funds to the new Colorado Convention Center Capital Special Revenue Fund No. 38422. approved by consent 17-1319 Appropriates $9,451,397 to the 2017 General Fund Contingency due to excess revenue derived from the recent settlement surrounding hotel lodgers tax revenue; appropriates $4,058,171 to the Affordable Housing Property Tax Revenue Fund; and appropriates $5,393,226 to the City Attorney’s Office for legal fees associated with the settlement. City and County of Denver Page 2 Printed on 11/21/2017  Minutes Finance & Governance Committee Tuesday, November 21, 2017 approved by consent 17-1320 Approves the purchase of console furniture equipment from Russ Bassett for $1,087,526, with funding provided through a companion capital lease purchase agreement with JPMorgan Chase Bank, N.A. to support call-taking and dispatch activities at the new 911 Communications Center located at 12025 East 45th Avenue in Council District 8 (SAFTY-201738094). approved by consent 17-1321 Approves a capital lease agreement with JPMorgan Chase Bank, N.A. for $1,158,788 and for five years to purchase furniture equipment to be used by 911 call-takers and dispatchers at the new 911 Communications Center located at 12025 East 45th Avenue in Council District 8 (TBD). approved by consent City and County of Denver Page 3 Printed on 11/21/2017