Finance & Governance Committee

Finance & Governance Committee Minutes Tuesday, February 27, 2024, 10:30 AM Chair: Amanda Sawyer, Vice Chair: Shontel Lewis Members: Amanda P. Sandoval, Paul Kashmann, Serena Gonzales-Gutierrez, Flor Alvidrez, Jamie Torres Staff: Luke Palmisano Attendance Present: 11 - Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres, Flynn, Parady, Romero Campbell, Watson Action Items 24-0249 Authorizes the Manager of Finance, on behalf of the city, to execute and deliver City and County of Denver Series 2024A Certificates of Participation in a par amount not to exceed $90 million for the purpose of acquiring an office building at 101 W. Colfax Avenue (“the Denver Post Building”) and associated costs of issuance, in Council District 10. A motion offered by Council member Torres, duly seconded by Council member Kashmann, that Council Bill 24-0249 be approved for filing, carried by the following vote: Aye: 5- Alvidrez, Sawyer, Sandoval, Kashmann, Torres Nay: 2- Gonzales-Gutierrez, Lewis 24-0247 Appropriates $2 million in Capital Improvement Program (CIP) Contingency funds to provide an escrow payment associated with the acquisition of 101 Colfax Avenue (“Denver Post Building”), in Council District 10. A motion offered by Council member Kashmann, duly seconded by Council member Sandoval, that Council Bill 24-0247 be approved for filing, carried by the following vote: Aye: 5- Alvidrez, Sawyer, Sandoval, Kashmann, Torres Nay: 2- Gonzales-Gutierrez, Lewis 24-0250 Authorizes the Manager of Finance, on behalf of the city, to execute and deliver City and County of Denver Series 2024B Certificates of Participation in a par amount not to exceed $25 million for the purpose of acquiring a former hotel site at 7525 East Hampden Avenue (“the Embassy Suites Building”) and associated costs of issuance, in Council City and County of Denver Page 1 Printed on 2/27/2024  Minutes Finance & Governance Committee Tuesday, February 27, 2024 District 4. A motion offered by Vice Chair Lewis, duly seconded by Council member Gonzales-Gutierrez, that Council Bill 24-0250 be approved for filing, carried by the following vote: Aye: 7- Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres Nay: 0 Briefings 24-0253 Update on State Legislation Consent Items Block Vote Block Vote A motion offered to approve the following items en bloc, carried by the following vote: Aye: 7- Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres Nay: 0 24-0157 Approves a purchase order with Insight Public Sector Inc for $797,971.71 and an end date of 3-24-2025 for anti-malware and identify protection services and support, citywide (PO-00144394). A motion offered that Council Resolution 24-0157 be approved by consent en bloc, carried by the following vote: Aye: 7- Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres Nay: 0 24-0203 Approving the City Council reappointment of Dellena Aguilar to the Caring for Denver Board. A motion offered that Council Resolution 24-0203 be approved by consent en bloc, carried by the following vote: Aye: 7- Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres Nay: 0 24-0248 Amends an agreement with Base Tactical Disaster Recovery Inc., to add $56,239.50 for a new contract total of $2,367,777.50 to assist in processing the City’s COVID-19 FEMA claim, citywide City and County of Denver Page 2 Printed on 2/27/2024  Minutes Finance & Governance Committee Tuesday, February 27, 2024 (FINAN-202158178). A motion offered that Council Resolution 24-0248 be approved by consent en bloc, carried by the following vote: Aye: 7- Alvidrez, Gonzales-Gutierrez, Sawyer, Lewis, Sandoval, Kashmann, Torres Nay: 0 City and County of Denver Page 3 Printed on 2/27/2024