Finance & Governance Committee

Minutes Finance & Governance Committee Committee Members: Black, Chair; Kniech, Vice-Chair; Hinds, Clark, Ortega, CdeBaca Committee Staff: Zachary Rothmier Tuesday, August 24, 2021, 1:30 PM City & County Building, Council Chambers, Room 450 Committee canceled. Consent agenda included. Attendance Consent Items 21-0903 Approves a purchase and sale agreement with Brent Allan Beckman and Floribeth Beckman for $795,000 for the purchase of 5060 North Logan Street and 401 East 50th Avenue for Parks and Recreation in Council District 9 (FINAN-202159446). Council Resolution 21-0903 was approved by consent 21-0904 Transfers $1,215,000 from the Parks, Trails and Open Space Operating Special Revenue Fund 15828 into the Parks, Trails, and Open Space Capital Improvement Fund 36050 and appropriates the transferred amount to be utilized for the property acquisition of 5060 North Logan Street and 401 East 50th Avenue for a new Denver Parks and Recreation maintenance facility, as well as improvements to the existing building and the surrounding site. Council Bill 21-0904 was approved by consent 21-0943 Approves the issuance and sale of an amount not to exceed $9,000,000 of the City and County of Denver, Colorado Multifamily Housing Revenue Notes (Rhonda’s Place) Series 2021A (the “Series 2021A Note”) and not to exceed $3,000,000 City and County of Denver, Colorado Multifamily Housing Revenue Notes (Rhonda’s Place) Taxable Series 2021B (the “Series 2021B Note”) for the purpose of financing the acquisition, construction, and equipping of a multifamily residential rental housing for individuals experiencing homelessness at a property located at 211 South Federal Boulevard in Council District 3. Council Bill 21-0943 was approved by consent City and County of Denver Page 1 Printed on 8/24/2021