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Finance and Business
2.
Approves a Master Purchase Order with Haertling.com LLC for $900,000.00 with an end date of 12-31-2031 to provide Flagstone “Piece of the Rock” award that are presented to the artist and crew who perform at Red Rocks Amphitheater, citywide (SC-0001076).
This award is presented to artists and crew performing at the Red Rocks Amphitheater
3.
Approves a loan agreement with Cream & Sugar LLC DBA Sundae Artisan Ice Cream for $750,000.00 with an end date of 11-30-2035 utilizing Downtown Denver Development Authority Tax Increment Financing, in Council District 10 (OEDEV-202582082).
This loan will utilize Downtown Denver Development Authority (DDDA) Tax Increment Financing and has an end date of November 30, 2035
4.
Approves a grant and revenue share agreement with Jevon Taylor LLC DBA Green Spaces for $4,300,000.00 with an end date of 12-31-2030 utilizing Downtown Denver Development Authority Tax Increment Financing, in Council District 10 (OEDEV-202582083).
This agreement, which runs until December 31, 2030, will utilize Downtown Denver Development Authority Tax Increment Financing
5.
Approves a loan agreement with Milk Tea People, Inc. for $640,000.00 with an end date of 11-30-2035 utilizing Downtown Denver Development Authority Tax Increment Financing, in Council District 10 (OEDEV-202582085).
This funding will utilize Downtown Denver Development Authority (DDDA) Tax Increment Financing and is designated for the company's expansion to a larg...
6.
Amends an Intergovernmental Agreement with the Colorado Office of Economic Development and International Trade to reduce the capacity by $262,082.84 for a new total of $1,276,510.16 and adding six months to the period of performance for a new end date of 10-31-2026, citywide (OEDEV-202475928/OEDEV-202582178).
The amendment reduces the total grant capacity by $262,082.84, bringing the new total to $1,276,510.16