Finance & Governance Committee

Minutes Finance & Governance Committee Committee Members: Flynn, Chair; Kniech, Vice-Chair; Black, Espinoza, Kashmann, Susman Committee Staff: Jonathan Griffin Tuesday, May 21, 2019, 1:30 PM City & County Building, Room 391 Attendance Present: 4- Flynn, Black, Susman, Kashmann Absent: 2- Kniech, Espinoza Action Items 19-0497 A bill for an ordinance approving the appointment of Joseph Michaels to the Denver Board of Ethics. A motion offered by Councilmember Kashmann, duly seconded by Councilmember Susman, that Council Bill 19-0497 be approved for filing. The motion carried by the following vote: Aye: 4- Flynn, Black, Susman, Kashmann Nay: 0 Absent: 2- Kniech, Espinoza 19-0489 Approves an agreement with Kroenke Arena Company, LLC, The Denver Nuggets Limited Partnership, and the Colorado Avalanche, LLC, through 06-30-40 to extend the teams’ obligations to remain in the City and maintain certain use rights at the Pepsi Center beyond the current term expiration date, in exchange for an early termination of the current Ground Lease and conveyance of the land to Kroenke Arena, and a release from certain financial covenants in accordance with the terms and conditions of this Agreement (FINAN-201950342). A motion offered by Councilmember Susman, duly seconded by Councilmember Black, that Council Resolution 19-0489 be approved for filing. The motion carried by the following vote: Aye: 4- Flynn, Black, Susman, Kashmann Nay: 0 City and County of Denver Page 1 Printed on 5/22/2019  Minutes Finance & Governance Committee Tuesday, May 21, 2019 Absent: 2- Kniech, Espinoza Consent Items Block Vote Block Vote A motion offered to approve the following items en bloc. The motion carried by the following vote: Aye: 4- Flynn, Black, Susman, Kashmann Nay: 0 Absent: 2- Kniech, Espinoza 19-0493 Approves a contract with Squire Patton Boggs (US) LLP for $500,000 and through 07-01-20 for outside counsel to provide regulatory and litigation support for environmental law issues, citywide (ATTNY-201950224). A motion offered that Council Resolution 19-0493 be approved by consent en bloc, carried by the following vote: Aye: 4- Flynn, Black, Susman, Kashmann Nay: 0 Absent: 2- Kniech, Espinoza City and County of Denver Page 2 Printed on 5/22/2019