Finance and Business
TL;DR
The Finance and Business Committee approved several contracts and agreements including a 10-year chilled water utility service deal with Public Service Company of Colorado, a $1.5 million partnership with Denver Public Schools for youth employment programs, and an amendment to increase funding for residential units on East Colfax Avenue. The committee also considered an ordinance requiring Denver businesses to comply with applicable laws.
Key Decisions
- Chilled Water Utility Contract with Public Service Company of Colorado Approved
- Denver Youth Employment Program Agreement with Denver Public Schools Approved
- East Colfax Lease Amendment - Residential Units Funding Increase Approved
- Business Law Compliance Ordinance Approved for consideration
Agenda
- Consent Items
- 26-0637 Approves a contract with Public Service Company of Colorado for chilled water utility services subject to annual appropriations with an end date of 6-30-2036, in Council District 10 (GENRL-202683567).Resolution
- 26-0638 Approves a non-financial contract with Public Service Company of Colorado for the lease of chilled water equipment with an end date of 6-30-2036, in Council District 10 (GENRL-202684047).Resolution
- 26-0678 Approves an intergovernmental agreement with Denver Public Schools for $1,500,000.00 with an end date of 12-31-2026 to administer the Denver Youth Employment Program for the 2026 funding year to provide customized workforce development services for eligible Denver youth, citywide (OEDEV-202683790).Bill
- 26-0682 Amends a Lease Agreement with The Fax East Colfax Redevelopment, LLC to add $2,715,937.41 for a new total of $3,774,899.32 and to add two years for a new end date of 3-31-2028 for 38 residential rooms/units located at 8405 and 8415 East Colfax Avenue in East Colfax, in Council District 8 (FINAN-202580172/FINAN-202684480-02).Resolution
- 26-0684 For an ordinance requiring all businesses operating in the City & County of Denver to take reasonable steps to ensure compliance with all applicable federal, state, and local laws.Bill