Finance & Governance Committee

Minutes Finance & Governance Committee Committee Members: Sawyer, Chair; Black, Vice-Chair; CdeBaca, Hinds, Kniech, Ortega Committee Staff: Luke Palmisano Tuesday, April 18, 2023, 1:30 PM City & County Building, Council Chambers, Room 450 Attendance Present: 5- Sawyer, Black, Hinds, Kniech, Torres Absent: 2- CdeBaca, Ortega Action Items 23-0423 Approves a purchase and sale agreement with ACM Loretto VI LLC, for $3,500,000 to purchase property in support of a theater and library on the Loretto Heights campus, located at 3200 West Cornell Drive in Council District 2 (FIN-202367684). A motion offered by Councilmember Hinds, duly seconded by Councilmember Torres, that Council Resolution 23-0423 be approved for filing, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega Consent Items Block Vote Block Vote A motion offered to approve the following items en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega City and County of Denver Page 1 Printed on 4/18/2023  Minutes Finance & Governance Committee Tuesday, April 18, 2023 23-0396 Grants the authority to acquire through negotiated purchase or condemnation of all or any portion of any property interest as needed in support of the Elevate Denver Bond Sidewalk Gap Program, including easement interests, access rights, improvements, buildings, fixtures, licenses, permits and other appurtenances, located at the northeast corner of Federal Boulevard and West 45th Avenue in Council District 1, and North Newton Street between West 12th Avenue and West 13th Avenue in Council District 3. A motion offered that Council Bill 23-0396 be approved by consent en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega 23-0397 Grants the authority to acquire through negotiated purchase or condemnation of all or any portion of any property interest as needed in support of the Elevate Denver Bond Sidewalk Gap Program, including easement interests, access rights, improvements, buildings, fixtures, licenses, permits and other appurtenances, located between South Dayton Street and South Akron Street, along East Girard Avenue in Council District 4. A motion offered that Council Bill 23-0397 be approved by consent en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega 23-0411 Approves a lease agreement with The Denver Center for the Performing Arts (DCPA) for $10 and through 1-31-2026 for use of the Garner Galleria Theatre, located at 1385 Curtis Street in Council District 9, while the city works with DCPA to make facility improvements (FINAN-202367175-00). A motion offered that Council Resolution 23-0411 be approved by consent en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega 23-0419 Establishes the Climate Federal Capital Projects Fund (34805) in the Capital Improvements and Capital Maintenance Fund Series. City and County of Denver Page 2 Printed on 4/18/2023  Minutes Finance & Governance Committee Tuesday, April 18, 2023 A motion offered that Council Bill 23-0419 be approved by consent en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega 23-0420 Establishes the Climate Federal Revenue Special Revenue Fund (11889) in General Government Special Revenue Fund Series. A motion offered that Council Bill 23-0420 be approved by consent en bloc, carried by the following vote: Aye: 5- Sawyer, Black, Hinds, Kniech, Torres Nay: 0 Absent: 2- CdeBaca, Ortega City and County of Denver Page 3 Printed on 4/18/2023