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Finance & Governance Committee

Regular Meeting

Denver, CO · May 1, 2018

AgendaMinutes

Minutes

Minutes Finance & Governance Committee Committee Members: Flynn, Chair; Clark, Vice-Chair; Black; Susman; Kneich; López Committee Staff: Shelley Smith Tuesday, May 1, 2018, 1:30 PM City & County Building, Room 391 Attendance Present: 5- Flynn, Clark, Black, Susman, Kniech Absent: 1- López Action Items 18-0425 Revises the Classification and Pay Plan to accommodate multiple pay range and grade adjustments based on the annual market study of metro-area prevailing wages. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0436 Authorizes the issuance of City and County of Denver General Obligation Bonds, Series 2018A-B in a principal amount not to exceed $270 million for the purpose of funding approximately $193 million of bond projects identified as part of the 2017 GO Bond authorization, to refund existing Series 2008 General Obligation Justice System Bonds, and to pay associated costs of issuance. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0437 Approves a funding and assignment agreement with the Denver Art Museum for the construction of improvements totaling an amount not to exceed $35.5 million as approved by voters in the 2017 General Obligation City and County of Denver Page 1 Printed on 5/2/2018 Minutes Finance & Governance Committee Tuesday, May 1, 2018 Bond package. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0438 Approves a funding and assignment agreement with the Denver Botanic Gardens for the construction of improvements totaling an amount not to exceed $18 million as approved by voters in the 2017 General Obligation Bond package. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0439 Approves a funding and assignment agreement with the Denver Center for the Performing Arts for the construction of improvements totaling an amount not to exceed $19 million as approved by voters in the 2017 General Obligation Bond package. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0440 Approves a funding and assignment agreement with the Denver Museum of Nature and Science for the construction of improvements totaling an amount not to exceed $17.607 million as approved by voters in the 2017 General Obligation Bond package. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0441 Approves a funding and assignment agreement with the Denver Zoo for the construction of improvements totaling an amount not to exceed $20 million as approved by voters in the 2017 General Obligation Bond package. approved for filing City and County of Denver Page 2 Printed on 5/2/2018 Minutes Finance & Governance Committee Tuesday, May 1, 2018 Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López 18-0442 Approves a funding and assignment agreement with the Denver Health and Hospital Authority for the construction of improvements totaling an amount not to exceed $75 million as approved by voters in the 2017 General Obligation Bond package. approved for filing Aye: 5- Flynn, Clark, Black, Susman, Kniech Nay: 0 Absent: 1- López Consent Items Following are two items that were approved on the Committee's consent agenda today. 18-0420 Approves a one-year $871,000 contract with Vision Service Plan Insurance Company for supplemental vision coverage for City employees (201736843). approved by consent 18-0429 Approves a one-year $10 lease agreement with La Raza Services, Inc. for office space for the Transition from Jail to Community program at 1391 Delaware Street in Council District 10. approved by consent City and County of Denver Page 3 Printed on 5/2/2018

Agenda

Agenda Finance & Governance Committee Committee Members: Flynn, Chair; Clark, Vice-Chair; Black; Susman; Kneich; López Committee Staff: Shelley Smith Tuesday, May 1, 2018, 1:30 PM City & County Building, Room 391 Attendance Action Items 18-0425 Revises the Classification and Pay Plan to accommodate multiple pay range and grade adjustments based on the annual market study of metro-area prevailing wages. Rory McLuster, Nicole de Gioia-Keane, and Blair Malloy, Office of Human Resources 18-0436 Authorizes the issuance of City and County of Denver General Obligation Bonds, Series 2018A-B in a principal amount not to exceed $270 million for the purpose of funding approximately $193 million of bond projects identified as part of the 2017 GO Bond authorization, to refund existing Series 2008 General Obligation Justice System Bonds, and to pay associated costs of issuance. Tykus Holloway, Mayor's Office; Brendan Hanlon and Laura Perry, Department of Finance and Adam Phipps and Scott Richrath, Public Works 18-0437 Approves a funding and assignment agreement with the Denver Art Museum for the construction of improvements totaling an amount not to exceed $35.5 million as approved by voters in the 2017 General Obligation Bond package. For information on public comment procedures go to http://www.denvergov.org/content/denvergov/en/denver-city-council/public-input.html Page 1 Agenda Finance & Governance Committee Tuesday, May 1, 2018 18-0438 Approves a funding and assignment agreement with the Denver Botanic Gardens for the construction of improvements totaling an amount not to exceed $18 million as approved by voters in the 2017 General Obligation Bond package. 18-0439 Approves a funding and assignment agreement with the Denver Center for the Performing Arts for the construction of improvements totaling an amount not to exceed $19 million as approved by voters in the 2017 General Obligation Bond package. 18-0440 Approves a funding and assignment agreement with the Denver Museum of Nature and Science for the construction of improvements totaling an amount not to exceed $17.607 million as approved by voters in the 2017 General Obligation Bond package. 18-0441 Approves a funding and assignment agreement with the Denver Zoo for the construction of improvements totaling an amount not to exceed $20 million as approved by voters in the 2017 General Obligation Bond package. 18-0442 Approves a funding and assignment agreement with the Denver Health and Hospital Authority for the construction of improvements totaling an amount not to exceed $75 million as approved by voters in the 2017 General Obligation Bond package. Consent Items Following are two 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 http://www.denvergov.org/content/denvergov/en/denver-city-council/public-input.html Page 2 Agenda Finance & Governance Committee Tuesday, May 1, 2018 18-0420 Approves a one-year $871,000 contract with Vision Service Plan Insurance Company for supplemental vision coverage for City employees (201736843). 18-0429 Approves a one-year $10 lease agreement with La Raza Services, Inc. for office space for the Transition from Jail to Community program at 1391 Delaware Street in Council District 10. For information on public comment procedures go to http://www.denvergov.org/content/denvergov/en/denver-city-council/public-input.html Page 3
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