Finance and Business
TL;DR
The Finance and Business Committee approved six contracts and agreements totaling over $28 million, including purchases for city fleet vehicle components, pest control services, and funding for small business loans. Key approvals included a $9 million BUILD Denver program to provide affordable loans and grants to underserved small businesses, and amendments to shelter-related agreements. All items were approved by consent without discussion or opposition.
Key Decisions
- Fleet Vehicle Components Master Purchase Orders Approved
- BUILD Denver Small Business Loan Program Approved
- Pest Control Services Contract Amendment Approved
- Westwood Community Center Lease Agreement Approved
- Non-Congregate Shelter Property Repairs Reimbursement Approved
Agenda
- Consent Items
- 26-0518 Approves a Master Purchase Order with AV-Tech Electronics, Inc. for $2,000,000.00 with an end date of 3-31-2029 with options to renew up to 3-31-2031 for the purchase of various upfit components for City Fleet vehicles, citywide (SC-00011207).ResolutionAction: approved by consent
Council Resolution 26-0518 was approved by consent.
- 26-0519 Approves a Master Purchase Order with Bear Communications, Inc. for $6,000,000.00 with an end date of 3-31-2029 with options to renew up to 3-31-2031 for the purchase of various upfit components for City Fleet vehicles, citywide (SC-00011208).ResolutionAction: approved by consent
Council Resolution 26-0519 was approved by consent.
- 26-0520 Amends a contract with Northern Colorado Pest and Wildlife Control Corp. to add $150,000.00 for a new total of $1,100,000.00 and to add two years for a new end date of 4-30-2028 to provide pest control services citywide, excluding Denver International Airport (GENRL-202367381/GENRL-202683456-01).ResolutionAction: approved by consent
Council Resolution 26-0520 was approved by consent.
- 26-0529 Approves a contract with Colorado Enterprise Fund, Inc. for up to $9,000,000.00 from the Herman Malone Fund (not exceed $3 Million per program year nor the amount of sales tax dollars collected from cannabis sales in Denver and committed to this Agreement) with an end date of 4-30-2029 to fund the Business Investments, Loans and Development Denver Program (BUILD Denver Program) that will provide affordable loans, grant funding, and business coaching (focused on capital readiness) to small businesses seeking to start, restart, restructure, improve upon or grow in their endeavors who have traditionally lacked access to capital markets, citywide (OEDEV-202582811).ResolutionAction: approved by consent
Council Resolution 26-0529 was approved by consent.
- 26-0543 Approves the Lease Agreement with West Community Economic Development Corporation for $10.00, commencing on February 21, 2026, and expiring one day prior to execution of the new lease for operation of the Westwood Community Center at 1000 S Lowell Blvd, Denver, CO, Westwood Neighborhood, Council District 3 (FINAN-202684002).ResolutionAction: approved by consent
Council Resolution 26-0543 was approved by consent.
- 26-0544 Amends a Lease Agreement with Central Lodging, LLC to add $300,000.00 for a new total of $13,426,600.00 and to add 21 months for a new end date of 12-31-2026 for reimbursement of repairs to the property due to damages caused during occupancy of the non-congregate shelter located at 4849 Bannock Street in Globeville, in Council District 9 (FINAN-202371671/FINAN-202682971-02).ResolutionAction: approved by consent
Council Resolution 26-0544 was approved by consent.