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Finance & Governance Committee

Regular Meeting

Denver, CO · March 16, 2021

AgendaMinutes

Minutes

Minutes Finance & Governance Committee Committee Members: Black, Chair; Kniech, Vice-Chair; Hinds, Clark, Ortega, CdeBaca Committee Staff: Zachary Rothmier Tuesday, March 16, 2021, 1:30 PM ,Virtual: Link Available at <www.DenverGov.org/CityCouncil> Attendance Present: 7- Black, Kniech, Hinds, Gilmore, Ortega, CdeBaca, Clark Proclamations 21-0250 Global Treaty on the Prohibition of Nuclear Weapons Council Presentation 21-0250 was heard in committee Action Items 21-0082 Approves a supplemental appropriation to General Fund agencies to correct a technical error and restore budgeted furlough savings for elected officials. Council Bill 21-0082 was approved for filing 21-0253 Appropriates $2,279,317 of Capital Improvement Fund revenue to the annual street maintenance program. Council Bill 21-0253 was approved for filing 21-0254 Approves a rescission from General Fund Contingency of $50,000 to provide a supplemental appropriation in Human Rights and Community Partnerships to fund the balance of a grant-funded position in the Office of the Aging and authorizes a rescission of $50,000 from the Executive Director of Safety to re-appropriate budget in the Office of the Independent Monitor to fund a position supporting the Citizens Oversight Board. Council Bill 21-0254 was approved for filing 21-0255 Approves a rescission from General Fund Contingency of $1,150,000 to provide a cash transfer to the Risk Management Special Revenue Fund to support the replacement of City-owned total-loss vehicles. City and County of Denver Page 1 Printed on 3/18/2021 Minutes Finance & Governance Committee Tuesday, March 16, 2021 Council Bill 21-0255 was approved for filing 21-0279 Approves the rescission and appropriation of $1,000,000 in capital improvement funds from Welton Parking Garage Improvements (2016) to fund various infrastructure improvements and supporting activities in the Five Points neighborhood in Council District 9. Council Bill 21-0279 was postponed to a date certain on 4/13/2021. 21-0216 Amends various sections of the Denver Revised Municipal Code by relocating Denver’s medical marijuana code into Chapter 6 and combining it with Denver’s retail marijuana code, renaming Chapter 6 to Alcohol Beverages and Cannabis, providing for additional local license types authorized by state law, including delivery, and making conforming amendments to the Code pursuant to state law. A motion offered by Vice Chair Kniech, duly seconded by Chair Hinds, that Council Bill 21-0216 be postponed to a date certain to the Finance & Governance Committee, due back on 4/20/2021. The motion failed by the following vote: Aye: 3- Kniech, Hinds, CdeBaca Nay: 4- Black, Gilmore, Ortega, Clark 21-0217 Amends various sections of the Denver Revised Municipal Code to allow for the licensing and operation of marijuana hospitality businesses and retail marijuana hospitality and sales businesses within the City. Council Bill 21-0217 was approved for filing Consent Items 21-0222 Approves a rescission from General Fund Contingency of $350,000 to provide a supplemental appropriation in the Department of Excise and Licenses to support the implementation of new marijuana hospitality business licenses and marijuana delivery licenses and to modernize all marijuana license types to allow online submission; and authorizes the appropriation of $120,000 in General Fund Contingency for new revenue to be generated in 2021 through the new marijuana licenses. Council Bill 21-0222 was approved by consent 21-0263 Amends a contract with SciQuest, Inc., doing business as Jaggaer, by adding $915,000 for a new total of $1,386,255 and five years for a new end date of 7-15-26 for the use and support of the Jaggaer Contract Management software application supporting all City agencies (TECHS-202157545). Council Resolution 21-0263 was approved by consent City and County of Denver Page 2 Printed on 3/18/2021 Minutes Finance & Governance Committee Tuesday, March 16, 2021 21-0280 Declares the intent of the City to issue an amount not to exceed $10,000,000 of its Multifamily Housing Revenue Bonds for The Colorado Coalition for the Homeless, or its affiliates, to support the renovations of The Forum project, an affordable multifamily apartment complex located at 250 West 14th Avenue in Council District 10. Council Resolution 21-0280 was approved by consent 21-0282 Amends the Denver Zoological Foundation Parking Garage agreement and associated payment schedule as result of the refunding of the series 2010B COPs approved by City Council in December 2020. Council Bill 21-0282 was approved by consent 21-0283 Amends the Denver Museum of Nature and Science Parking Garage agreement and associated payment schedule as result of the refunding of the series 2010B COPs approved by City Council in December 2020. Council Bill 21-0283 was approved by consent 21-0289 Amends the Purchase and Sale Agreement with Brothers Redevelopment, Inc. for the disposition of 7900 E. Colfax Avenue to make technical corrections to both the legal description of the property to be conveyed and to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 5 (FINAN-201952186-00; FINAN-202056952-01). Council Bill 21-0289 was approved by consent 21-0290 Amends the Purchase and Sale Agreement with Mercy Housing Mountain Plains, Inc. for the disposition of 8315 East Colfax Avenue and 1500 Valentia Street to make technical corrections to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 8 (FINAN-202053697-00; FINAN-202157898-01). Council Bill 21-0290 was approved by consent ,.,.,l 21-0292 Amends Section 53-57.1 of the Denver Revised Municipal Code to add three words inadvertently omitted from the recently passed Colorado Municipal League model ordinance language that standardized terms and taxation liability for marketplace facilitators and marketplace sellers. Council Bill 21-0292 was approved by consent City and County of Denver Page 3 Printed on 3/18/2021

Agenda

Agenda Finance & Governance Committee Committee Members: Black, Chair; Kniech, Vice-Chair; Hinds, Clark, Ortega, CdeBaca Committee Staff: Zachary Rothmier Tuesday, March 16, 2021, 1:30 PM Virtual: Link Available at <www.DenverGov.org/CityCouncil> Attendance Proclamations 21-0250 Global Treaty on the Prohibition of Nuclear Weapons Councilmember Sandoval Note: No action will be taken on this item. Action Items 21-0082 Approves a supplemental appropriation to General Fund agencies to correct a technical error and restore budgeted furlough savings for elected officials. Stephanie Adams 21-0253 Appropriates $2,279,317 of Capital Improvement Fund revenue to the annual street maintenance program. Stephanie Adams WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_Vwbg9VBCTPitrQVpMpAbkw PASSWORD: Denver Page 1 Agenda Finance & Governance Committee Tuesday, March 16, 2021 21-0254 Approves a rescission from General Fund Contingency of $50,000 to provide a supplemental appropriation in Human Rights and Community Partnerships to fund the balance of a grant-funded position in the Office of the Aging and authorizes a rescission of $50,000 from the Executive Director of Safety to re-appropriate budget in the Office of the Independent Monitor to fund a position supporting the Citizens Oversight Board. Stephanie Adams 21-0255 Approves a rescission from General Fund Contingency of $1,150,000 to provide a cash transfer to the Risk Management Special Revenue Fund to support the replacement of City-owned total-loss vehicles. Stephanie Adams 21-0279 Approves the rescission and appropriation of $1,000,000 in capital improvement funds from Welton Parking Garage Improvements (2016) to fund various infrastructure improvements and supporting activities in the Five Points neighborhood in Council District 9. Stephanie Adams 21-0216 Amends various sections of the Denver Revised Municipal Code by relocating Denver’s medical marijuana code into Chapter 6 and combining it with Denver’s retail marijuana code, renaming Chapter 6 to Alcohol Beverages and Cannabis, providing for additional local license types authorized by state law, including delivery, and making conforming amendments to the Code pursuant to state law. Ashley Kilroy WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_Vwbg9VBCTPitrQVpMpAbkw PASSWORD: Denver Page 2 Agenda Finance & Governance Committee Tuesday, March 16, 2021 21-0217 Amends various sections of the Denver Revised Municipal Code to allow for the licensing and operation of marijuana hospitality businesses and retail marijuana hospitality and sales businesses within the City. Ashley Kilroy Consent Items 21-0222 Approves a rescission from General Fund Contingency of $350,000 to provide a supplemental appropriation in the Department of Excise and Licenses to support the implementation of new marijuana hospitality business licenses and marijuana delivery licenses and to modernize all marijuana license types to allow online submission; and authorizes the appropriation of $120,000 in General Fund Contingency for new revenue to be generated in 2021 through the new marijuana licenses. 21-0263 Amends a contract with SciQuest, Inc., doing business as Jaggaer, by adding $915,000 for a new total of $1,386,255 and five years for a new end date of 7-15-26 for the use and support of the Jaggaer Contract Management software application supporting all City agencies (TECHS-202157545). 21-0280 Declares the intent of the City to issue an amount not to exceed $10,000,000 of its Multifamily Housing Revenue Bonds for The Colorado Coalition for the Homeless, or its affiliates, to support the renovations of The Forum project, an affordable multifamily apartment complex located at 250 West 14th Avenue in Council District 10. 21-0282 Amends the Denver Zoological Foundation Parking Garage agreement and associated payment schedule as result of the refunding of the series 2010B COPs approved by City Council in December 2020. WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_Vwbg9VBCTPitrQVpMpAbkw PASSWORD: Denver Page 3 Agenda Finance & Governance Committee Tuesday, March 16, 2021 21-0283 Amends the Denver Museum of Nature and Science Parking Garage agreement and associated payment schedule as result of the refunding of the series 2010B COPs approved by City Council in December 2020. 21-0289 Amends the Purchase and Sale Agreement with Brothers Redevelopment, Inc. for the disposition of 7900 E. Colfax Avenue to make technical corrections to both the legal description of the property to be conveyed and to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 5 (FINAN-201952186-00; FINAN-202056952-01). 21-0290 Amends the Purchase and Sale Agreement with Mercy Housing Mountain Plains, Inc. for the disposition of 8315 East Colfax Avenue and 1500 Valentia Street to make technical corrections to delete affordable housing restrictions from the conveyance deed and transfer restrictions into to a revised Low-Income Housing Land Use Restriction Agreement, to achieve greater long-term affordability in Council District 8 (FINAN-202053697-00; FINAN-202157898-01). 21-0292 Amends Section 53-57.1 of the Denver Revised Municipal Code to add three words inadvertently omitted from the recently passed Colorado Municipal League model ordinance language that standardized terms and taxation liability for marketplace facilitators and marketplace sellers. WATCH THIS MEETING LIVE ON ZOOM: https://zoom.us/webinar/register/WN_Vwbg9VBCTPitrQVpMpAbkw PASSWORD: Denver Page 4