Finance & Governance Committee

Minutes Finance & Governance Committee Committee Members: Black, Chair; Kniech, Vice-Chair; Hinds, Clark, Ortega, CdeBaca Committee Staff: Zachary Rothmier Tuesday, December 8, 2020, 1:30 PM City & County Building, Room 450 Attendance Present: 6- Black, Kniech, Hinds, Gilmore, Ortega, CdeBaca Proclamation 20-1453 Proclamation of Support for Studying Community Choice Energy (CCE) as an Option for Local Governments in the State of Colorado Council Proclamation 20-1453 was heard in committee Action Items 20-1463 Presentation on Mill Levies 20-1436 Approves the annual City Property Tax Mill Levy for the year 2020 to be collected in 2021 for purposes authorized by law. Council Resolution 20-1436 was approved for filing 20-1437 Approves the annual tax levy upon all taxable property within the City for the year 2020 for purposes authorized by law for School District No. 1. Council Resolution 20-1437 was approved for filing 20-1438 Approves the annual tax levy upon all taxable property within special districts within the City for the year 2020 for purposes authorized by law for special districts. Council Resolution 20-1438 was approved for filing Action Items 20-1465 Briefing on Banking Contracts 20-1426 Amends a contract with JPMorgan Chase Bank, Merchant Services by City and County of Denver Page 1 Printed on 12/10/2020  Minutes Finance & Governance Committee Tuesday, December 8, 2020 adding $30,000,000 for a new total of $80,000,000 and two years for a new end date of 12-31-22, adding gateway services to the contract and maintaining the City’s credit card processing services (FINAN-202055923). Council Resolution 20-1426 was approved for filing 20-1427 Amends a contract with JPMorgan Chase Bank, N.A. by adding two years for a new end date of 12-31-22 to maintain the City’s banking services. No change to contract amount (FINAN-202055953). Council Resolution 20-1427 was approved for filing Consent Items 20-1433 A bill for an ordinance making a supplemental appropriation in the General Fund. Approves a supplemental appropriation of $1.64 million from General Fund Contingency to the Department of Finance to support unbudgeted increase to unemployment insurance claims driven by the COVID-19 pandemic. Council Bill 20-1433 was approved by consent 20-1443 Approves an intergovernmental agreement with the Regional Transportation District (RTD) for $2,095,332 and for one year to offer the RTD ECOPASS transportation program to eligible employees for 2021 (CSAHR-202055888). Council Bill 20-1443 was approved by consent City and County of Denver Page 2 Printed on 12/10/2020