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HomeMy WebLinkAbout2011-10-17 (Regular) Meeting Agenda PacketCa ll to Order lrWOCd llOJl , j_ Pledge of Alleg i.rn ce . <. Roll C.1II Agenda fo r the Re gul ar Meeting of th e Englewood City Co un ci l Monday, October 17, 2011 7:30 pm En glewood Civic Cen ter -Cou ncil Ch.1m be r s 1000 [nglewood Parkway 1-,glewood, CO 80 1 10 5. Con :side r,1lion of Minu te s of Pr c\i0l1s S1.•ss1o n Minu tes from the Reg ular City Co unci l Mee tin g of Ou ober 3. 20 t I . 6. Keco grnl1 0 11 o f ~chedLiled 1-'ubl,c lomment. ( I /11 s :s an o µportunn y fo r 1hc pubhc 10 Jddrcss Ci ty Council. Council ma y ask ques tions ior clanficJtion . b ut there will no t be anv dia log ue. Please limil y our p rest.!n lalion to fi ve minu tes .) ,,. Josh Staller , Pr es 1de 11t of th e Fngl cwood Rotary Clu b, will present 10 th e C,ty of ~n e,lewood J don,11ion to he lp fund pr o(:;ra·m offe red by lhc Police ,rnd Fm:: Dc partrnc 111 5. RP c-ncn1 11 m, nf I Jnc;,r hPrl 11I Prf P1 1h li r C n11 u11 Pn l (Thi e; 1c; ,u, n p;-,nr hmi l~1 for the publ 11: 10 .iddres> Ci ty Council. Cou ncil m ,1y J5k ques tions ior cl;1r1f1 c.1 I1on , buI I here w ,11 n o t be ,my dialogu e Ple,1se lim i 1 your pre se n lati o n 10 1h rce mlnu1 es. Tim e for un sc heduled public Lu1111 r1en 1 r11<.1 y bl.! hm 11ed lo '1 5 rn1nu 1es, ,ind if lim i1cd, sliil ll be contin ued to Grncr,il Di sc uss ion .) C o unc1 I Response 10 r ,1b lic Comment 8 Co mr~1u111cat1ons , F'rncl ;un,11io n s, and Appoi ntm ents . a. A procl,,mation d ecl aring the w eek of October 16 lhr ough 2 2, :o I I as Na tional S,we for Rc llrem en t W eck Pl ea se no1 e · If )'O U have., d1s,1b1 1ty ,1nd need au\J harv ;11d~ o r ',l'l"\'ICt'.,, plca)e no \J fy lh (' C11~· c f En R1ewoocl IJQ].]&2•.!4 05 1 a t te,1s1 48 hours 111 ,1dv:m ce of \\i1en serv1c s ;u e ntl!1ie d f.ng!e.vood Ctty Counci l Agend a October 17 , 201 1 t-',13f"l '-J . Consen t Alle11da Ite ms. J\pp roval o f O rdi nances on Firs t Reading. b . •\pprovJ I o f Oroinanccs on St-co nd Rc-ading . Cuu11til Bill N u 57 Id~ d111ci1ded) rt:ddtin~ tu rt!i:: sdn:du li::~ ru, )t!W~• connection and co ll cc11on sys l cm fees . ii. Counci l Bill No. 64, ame ·1ding 1hc (nglcwood Municipal Code pe rl aininr, to v,•nrlnr fr,..,._ 1i1 , Coun cil Bill No. 65. a111cn dini; 1he Englewood Municip.1 1 Code pcr1Jin in g to ti t: \iV,1~lc I 1.11 1::ifc, Fct.:. iv . Coun cil 0 ill No. 69, authorizing app lica 11 on for and acce plance o f Colorado Oepa rt111en l o f lr;1nsport,1 I1o n G rants for 10 11/2012 Council 81II No. 70, o rd i na nce autho ri zi ng two l n l ergO\'e rnment,11 Subcra11 t~e 1\gr..:cmcnt~ for th e :!Ctl l ;\r,1p.i hoc Counl)' Communitv D cvclopmen l Bl ock G r,1111 P,og,,1111 c. ~esolu1i o ns ,ind Motions 10. P11bli c Hea ring Items. (None SchedLded ) I 1. Ordina nces, Reso l ut io ns .ind Moti ons a. Approval of Ordin.:rn ccs on Firs t Reading Council Bill No 72 •· kccommendatton from th e l o mmuni l\' Oevel o pmpn l Dcp,1tl!ncn t 10 ,1dop 1 ,1 bill fo r .1n ordzn;rncc JL1tho rmng the sa le-o f !>i'< Projl!cl Rebuild p 1opc11 1es fu nd ed 1h rough the Nt!1gli bo rh ood Stdbi l1z,111on Prngr.1111 G ran t Sta ff Source: Harold Stitt, Se nior Planne r, and Jan et Grimm ett, Ho u si ng fin a n ce Specia li st. b Apµ·o va l of Ordi11 ~11 ccs on Second Readmg. Council B,11 No. 60, .1dopling lhc Ci 1y of [nglewomJ 13udge1 fo r Fi sc al Year 2012 . 11 . lounC1 l 81II No . 61. ilppropri,11 111g funds ,or the LIiy of l:11glcwood for h sc al Year 20 I 2. Council Rill N n. h2 , ;icl n r,ring the Rw1gf't frr lhP I 1lllf't n11 /fnglewood Was te\,a ler Tr eatment Pla 1,1 fo r Fiscal Yea r 2012. f Ple ase 11c1t• If vou I ;I\IC a d1~,,h1h1y ;md necd ,1u\11 1Jr\ ;11J s or se rvices , please 11011/., 1Ju.-Cu·,• of 111,lewoo d 1 1303 762 24051 ,11 leJSI 48 h OUI!> 111 ,l,J\JIICC of when SC r\lLC:. .ue needed Englewood C•t) Counci l Agend,1 Ocl0bt•r 17, 2011 P,1ge 3 iv. Counci l Bi ll No. 63, ,1 ppropna ting funds for the Li ttleton/cnglewood \1V.1~1cwc1 1~, T1t1 <1t111c11 t Pld nt fur 2012. v Council Rill No. 59, estab hshinr, the 20 1 1 M ill Levy to be coll ec ted in 20 12. vi. Counci l Bill No. 71, am ending the Ci ty Counc il Po licv r\1 ;u1u ;i l reg 11rd 111g th e electi o n o f Mayo r ,md Mayo r Pr o Tcm. c. Rc ~o lu1i o ns and Mo tions . Recomm e ndation fr o m th e En£lewo()d Mc l e ll a n Reservoir Four1d a l1o n to adopt J reso lu tio n of sup µo rt for .i leJSC of approx in•a tcly seve n ac res of Mcl e ll an Rcst.:!rvoir prop erl y to Miller ra rrnl y Real Es tc1 tc , l l.C. Staff So urce : Mkhacl f lahcrl y, Englewood Mcle ll a n Re se rvoir f<.,undilti on . i i. Recommenda ti on fro m th e Depa rt m en t o f Finan ce an d Ad rrnni sl rdti ve Se rvices to Jdo p1 J rc5olution .:1pp rov1ng ;J 5up pl em c 111;i l ;1ppropn,1 11 o n 1n 1hc arnoun l o f $127 ,000 fo r rep l;1 cc me n1 o f s1rec1 li g hl 5 on 5011t h Sant.i 1:e D ri ve. Staff Source : frtmk Gryg lcwi cz, Directo r or Finan c(' and Ad mini strative Sr rvi ccc; Recommc nd,1ti on fr o m th e Depart ment of Fin;ince and Ad1rn ru s t r,1tive Se rvices to adop t a reso lutmn approving ,1 Sl1 ;>p le111 e ntJI app10µ11a li o n Jr,cJ 1ransfcr o f fund !. in the Jmo un l o f SG,506 .7 1 fo r l .indsc,ipe ,ind finP Ans Funds p ro je c ts (Pa sc o Proj ec t and Broa dwJ\' Holiday Li r,b lin g). Sl aff So urce: Frank G ryg lewic1, Di rector o f Fi n an ce and Admini str,1tivc Servi ces. iv. Recomm e ndation fr om th e Co111n:un it y Development De p artmen t to approve, by moti on, th e Sou th Broadw,1y Engl ewood Business Improve ment Ois 1n c t O pcr,1 ting Pbn ,ind pro p osed 20 I 2 Budge t St aff Source: Darren Ho llin gsworth , Eco no111i c Deve lop me nt Coo rdin .,to r. 12 . Gene ral 01sc u ss 1011 . M,1 yor's Cho ice b . Counci l Members' C h oice 1 J . lily Manager\ Kcport. 1-1. U l y f\ltorney ·s Report. I ). AdJournmen1. Pll',j~L' nc>ll! If vou h,1\e .i d ,s,1b1l11v Jnd need ,1 u,1h,1ry J1d~ or S-!IVI CCS , pll'JSl' 1101ify lhc (11 y of tnglC\\OO d fl03-7(,?.]-101il .1 1 l,-.,,sl -ll\ h 01 11,; 111 ;1cll.',1n('f' of w l1fln ,;f'r.•1r ,,~ ,111• n1•;•d1>rl ------------' PUBLIC COMMENT ROSTER AGENDA ITEM 7 UNSCHEDULED PUBLIC-CQMMgNT ?7 October 17 , 2011 (PLEASE L!]'_JIIT YOUR PRESENTATION TO Tf.IBE.£..~llifUTI;.§-./ ~E PRINT "f} ADDRESS (TOPIC J' • • l'ROCLAMA T I ON \l'l JEl(E ,\S , 1h c cost o rc 1irc111 c n1 c-u111inucs 10 ri se in 1h c United States an d th e need fM grc:i 1c1 sav rn gs grow s; nnc! \V I l f·R l:/\S, many empl oyees may nm he awa re of th c1r ret irem ent savi ng s op 1i u11 s o r 1nuy 1101 he 1aki 11 g full advantage of thei r work pl ace defin ed co ntributi on pl ans tn 1h c full ('\l<'ll l all nw(;{I r y law; and WI 11::REAS , all wo rk ers, 1ncl ucl ing pu'>li c and pri va te ,cclur c11 1ployees, em ployees o f tax -c.,c1 '1pt nrgn mzatio ns :.md sc lf-cmpl oicd 1nd i vid11n l s can hc ncfil from 111 c:~eascd awnri:11 s of the nei;d to save fo r retirement ; NUW rH EREF ORE , I, Jame Wumlwaid , Mayor o f th e Cit y of Engl ewood, 'olorad o, hereby procl aim the wee k or O cto hc r 16'h thro u ~h 22"d, 20 11 as : NAT I ONAL SAVE FO R RET IREMENT WEE K 111 the ity nl' Fnglcw ood, Co lorado . GrVE~ und er my hand nnd sea l 1hi s 17•h da y o f Oc to ber, 20 I I James K. Woodward , l'vfa yo r • • • BY AUT HOR ITY OK.D INA, CE NO. SERIES or. ~o 11 COU Cll BLL L NO . 57 rNfROD UC ED BY COUNC rL MEMB ER MCCAS LI N AN ORD INANCE AME ND ING TIT LE l l , CHAPT ER 2, R.EI../\TI NG TO SEWER CO NNE CT ION AND CO LL EC T ION S\'STE M FEES WHERE AS. 31-35-402 C.R.S. authorize s any mun ici palit y to opera te and mamt ain sewer fa cili t:cs wi tl nn Jnd ou tside of th e muni cipali ty ; ::i nd WHEREA S, th e Englewood Home Rulo Charte r Sec ti ons 121 . 122 and 125, require Ctt y Counc il to sci sewer serv ices by rdinan cc ; and WI tEREAS , the SC\1..·cr connc c11on fees we re las t re:\ 1cwcd 111 19 3: and WHEREAS, Red Oak Consulting wa s asked 10 co mplc lc :i slml~ to upd:uc the City's co nncc tic,n .1nd coll cc 11 on sys1crn fees whi ch may be b:iscd on th e curre nt va lu e of the SC\i.·c r plam and sys lc m. the opera tin g cost o f the sew er plant :rn d sys tem or th e rcplac1.:111 cm cost of the C11y'.; sewe r plan t and sysle m. and WI IEKEA S, th e En glewood Water and Sewer Boa rd determi ned that the rcplac c:n cnt cos t w rts 1h e prefe rre d b:1s is for th e C'flkul :uio n of co11nec:tio11 and coll ect io n system fef.•s bec:rn s e it most nccuratd y rcncctcd thc \'~Jue of the ~yst em: and \Vl-l ERCAS. the Engl ewood \\late r nnd Sewer Boa rd recomm ended th.i s pro 1 sc d fee sc hed ul e at its Ma y 10 , 20 11 mcc ung; N W. TH£R£FOR.E , l:ll:. IT ORDAlNED BY THE CITY COUNC IL OF TH E CITY OF EN GLEWO 1D. COLO RAD O, THAT : Sc•c 1ion I lhe Ci1 y Council o f 1hc i1 y o f Eng lewood. Color;td o hereb y ;1u 1hori ze s am e nd in g Ti tle 12, Cha pter l, Section 8, o f th e Eng lew ood Mu ni cipal Code 2000 . to read as fo ll ow s. 12-2-8 : Se wer ~ Co nnect ion an d Co llc t ti on F'cc~ . ..flr-: A sew er~ C.Ollllt;.C.ll.O.ll pc nrnl to r a smglc -1 ::urn ly , re sidcnual . ancVor co mmcrc1a l and/or an indu ~tri:i l user shrt11 remain :n effect ,mtil 1cnrnn :ued by the Ci ty I½-At th e tune 0 1 lil ing the app 1J ca t1 011 . sewer l o p ~J!U_\'£J_!ll!J lee s shall be pa id u1 acco rd ance with the.· follow ing schedu le~: V" ar l cs S I , IOG .GQ s 2.ingg ~ --------~ -----------~ ~---------!>-74,66+.-00 ... ~---------➔·~cOO l'e r rm,11,i Hlmil . mits , and mea ilt:: h on-~t"-OOOA-5;-4·he-t-EKaHof)--f@e-shaH ➔~~ th et1,011fi i<Htf l.,11,dred de lla~lwellin g ,e ,it. Fer F.etels and , .. ete ls. ~,eta~ lee s!aa ll ~• se"'e11;.y-1;...e.i,eree!ll-(.:/.,'>¼) of IAO IA~ lee AS set Je n~ 111 tl,1 , see ti a i,. If tlae lee !!a«,n,.ined-1>)'41,e-wali!r meter si,o ff e ,., the a~e ·• sehe dHl~f<;f4AafHI~ de1ennined-by-1ha-1nin1mun1-ohorge-of-0 1\e -(l1C\osn.1lO-four---huntlFed-de l-lar.s-f&.J ,t.1 QG .QQ) 13er u~e g. ea11er ree. as Etetenni1~ 1Hou:1r .i ii!t!, :,hull ptt, ·,ii. G-.l.. At th e lime of fi lmg rin :tppli cmi on for rt S<'\'-'Cr mp ~ penni 1, !-ewer f.Af t'Q1lllC_c1ion frc s for th e fo ll owin g pro pcn ics sh11 ll be in creased by the addition of n c lO sy~s u,chargc lo Lh c sewe r tiljl -llll<' iol fee s es ta b li shed by Sti l- &f thl s sect ion aooaFd+n~-ffHhe es1aBli sh2 l s1:u ehar e e se h@au le: -1-: a. P1 upt:nic..:s wu hin the City \,h1 1.:h a.it: nut i11 an cs1:1bhs lt cd sa11..i1a 11 011 di s11 k t. ~ Ii Pro pen,cs ou1 ~:1de the \.1 1y wlu ch :w : tnbu1 nry 10 the Nc11hcn st Eng,lcwood Relief Sewe r System wluch urc no1 cxcmp11:d by :1.grccmcn 1 from se wer top CQUll W OJ\ surclt .. ;ge Tiu~ es1abli she d se •e-lap Cee s11Fel rnq;~~ 1s: -I " 4¥.!! ;;·· i " 4 " 6" 8" -1--0!! :i:a ,,-r~ f .<AQ.00 m,00 ~ ~ ~ ~ ~ ~ ~ ~lli.GLl: US.£.S~'lEfTJON AND COLLECTION SlJllCliARG£...ITES ·,v .:i tcr M eter Size Sower Tap ~llll~lfee !:g lJ eClLQll .S~IslJ>[SU.CC ¾" or less $ 1.400 .00 s 1,200 .0 0 I " $ ,,JJJ 00 S 2,000 00 !Vi " S 4.66 7.00 S 4.000.00 1·· S 7,46 7.00 S 6.400 00 3" $14,932 .0 S I 2,800.00 •I" $ 23.332 .00 S2 ,000 .0 0 6" S 46 ,667 .00 S4 S,000 00 S" $ 74,66700 s 10" S107 .332 00 .i • • • • • l';;, .. ,,;u~l+-family eni ts, aAd nrnbile heme ees FI ... 1he 10 1011 ap fee shall net be less 1han eae 1l1ousa,ld-fuur~lklrs-(Sl-;400,0O)-i--d~i,.,..J;e~A<l--m<>tw..,,R<l-laj> r..e sha ll be se •·ea !y fi ·e ~eFeea1 (75%) ef1he ta~ r..o •~-~"" do 1eF1Piaed b:· 1he ·am ,.,o,er si~rem 1he abe ··• se he~s le is g,ea,er than !he foe de<ennined-b~he-minunum-0horge-of.oi1<Hlle<1sond "'"' h•AilFed dollars (£ 1,~00 .QQ) ~•F 011it. 1Aem the greater ree , us clernrminml b.,· mete r si ze , sh~ i\1ULII-FAM O Y ,\ND. .. MO UJU HOME DFYE I 01'J)1FNT SEW ER 5~ CQ NN FCTlO N 1N)) rm L[CTIQ N S\'STF M 5IJ RC.liARGE...£££S he ·c '· · :nn • JiQJ1.p 11d,.c.olltJ·11oru;._.·s .. ·,.., ... ..,c"'a"rgc;Je_es for.Mult,,fomi jy Rc sidrnti nl ll.Wl)eni,e s csrns1 sw w~l-.lli l.l · fa base fe e pcLc,pnncc1io11.,n,L;u brc.c --1i er dwcl h i:..__11_!li.U. J) Th e mc1cr sized bri scd_c..o n.uc:@ 011Jc c;. niwi: llis.!!m!l. ~- yc r µnu s ( ·ounccuon E.cc g5..Q_Q Loll ll01LSY s1 cm Succhargs; ~ ~-lll! ~ · lB Imme ao t1fl 5 aRel · · · e se "CF lafJ fee 1 r. ·e l;s11dre -P.H--.WH><!Hl,....!llttle-· • el s and Mixe d Use Be·identi a a C.01D1..11crc_igl ful nitnry SeweLConnecJi.QJLl!!l,Q CQ,ll~tion,System Su rcharg_e..Ee..e:i i) ~w.gf_~ 0 e li o l ~,p er rc sjdcn11alsi,wcJ liru:.111u1Jcc.~ U . ,I c_Q.mm crcrn l fixture uo 11 fee b;1 s,cd 01uhc.J1umb.qJJi.fi.-su 1LcJJui 1s. Q.!l. ~ Ihemc1c, sillil.Jh1s~ct.,ow1 £,1iQU,ke, 3 il•HJLII f ·\i\111 i' SF\VfB CONNFCT iO N FFFS Fir st 12 units .N.Gl\L22J 11u1 s vcu._1J!.!!i!§ ~ lliQ.2.Q ~- ~ ~ LZ,i.Q2 COMM£RCL,uJ\lL'UD USE..SEi\'.ER._CO.NJSECTlO~ ms Dr:;t 12s iix1ur c 11 ni1s ~.Q..fufilCJ..!!uils 0 er 3 5 1x1urc;_uni 1;; ~mci;.tion.fc~ ill.l)J! lli.J!Q L2.llil 6,. Propcn1c s that connect to the Bi g Dry Creek imercep to r sys te 1n s ha ll py a sewer la p ™c L0,!1 s urcharge kc in the swn of lhr~hund rcd doll ars (~)(UQ.Q,l)_Q) pc1 s inglc-fa uul y 1csidc1H ic1 I cqll l \'.J\cn1 ~ \lill\t. ill i n adJit iu n 10 a ll ol11 c 1 cl1a1 gcs. Th e act ual cosl of anv sewer main cxtcns10 11 sha ll be recorded m the uul 11 1cs o fli cc. \Vhcrc :.;uch cost ha s ·no t been paid , it shall be added to 1he pkmt as sessme nt fee to arri ve at a tota l amount due . New sew er exte,1s 1011 costs shall inclu de th e actuc'I I cost o f co ns1ru c1 ion plus 1c n pcrce111 (I 0%) to defray costs of e11g ,11 eenng. The 1otal coSIS sha ll be assess ed in propon1011 10 th e fr ont fn01age o f th e prop erty se rved . &. I1 \\ i1ere a proposed t-ap ~.!.R!l wi ll serv e propcrt ) fu ~ whi ch a previous asses smen t ha s been p:i.id , 1he previous !O p f·21Ul<tC.ti.oJ\ fee sha ll be -:.redi 1ed ognins t th e curren t ui p s;.oru1cw Wn,fcc in calcu\a1ing the ua lai,cc of ~he fee due . r~ E. No thin g 111 thi s sec tio n shall be co nstni cd 10 alt er thC': 11 c s or terms co mam cd in the connector's agreemen ts heretofo re ex 1s1rn g bet ween llh! C ity of Engle wood and s..1rntJ t 1on di stri cts. G. [. No \"I} &QllU.l:SalQn sha ll be made to the POTW wi tho111 payment o f th e 1op ~ fee s. Fai lure to pay fee s befo re tapp in g to th e PO TW shall res ult in latl C0 1U1 ec l)fil!Jee s hcing rln uhl cd . Any fct: or charge. 11 0 1 pa u'i s.h:111 cons1i 111 1c" lien on 1be subJec-t r ro perty .i nd be collected lik e.: taxes . Scc 1i on 2. Safety C lause s. ·n 1c C i1y Council he re by fi nd s, <lctcnnmcs, and declares th m llu s 0 1Un1 ,111cc 1s p1 0111u lga tcJ umkt the gc 11cra\ µulh:c JJ1,..1 wcr of the Ci ty of Englcwu uU, tll i1 t it is prom ul ga ted fo r th e hea lth , safely, and wel far e of 1hc pub lic, and 1ha1 thi s Ordina nce is necessary fo r tt:e preservation of healt h and safe ty and for the pro tec11on o f pub li c co nvenience .1 nd wdt:\rc. ·n l..: C ny Co un c il lu rth (.T detcn mncs 1hnt the Ordimmcc bears a rat io na l rclauon to the pro per legis lative objec t sought 10 be ob1 ain ed. • • • • • • Sect ion J Severnbil!{V If :-tn ~' cbuse, sen1e~ce, p2r2grnph , or part of this Ordinance or tlv: ;,1p pl 11,;miu 11 1he11:ur w an y pc ,~u n 0 1 c i1 cums uncc:s sha ll fo r any re ason be adjudg ed by a coun o f co mpeten t Juri sd 1ct1 011 in va li d, such jud~mcnt shall not affect, impa ir or in va lidat e Lh c rcmamcle r of 1his Ordinance or 11 appli c:uion to ot hrr per so ns or circumstances . Sec1i on 4 l11cons1s1eo1 Ordinance~ All ◊t h e , Orchn an ccs or porti ons there of 1nco ns is1c11t or co nfli cti ng wi th this Ordm am:c or :my pon 1on he reof are hereby repealed to the ex ten t of such 1nco nsi s1cncy or co nflict Sectio n 5 Effec l of repea l or modifi ca ti on The repe al or mod1 fi ca ti on o f any provi sion o f the l'odc of th e L:1ty of ~nglewood by tru s Ordmance shall not relea se. extin gui sh. alte r, mod, fy, or c hange 111 whole or in part any pe na lty, fo rfci1urc , o r lrnhi li1y, e11h er c ivil r cnminal . which shall ha\e be en mcurrcd tmder such provisi o n. a nd ea ch pro\JS1o n shall be treated and held as still rem:imrn g in for ce for the p urposes of sus 1a1nin g any :i nd all proper ac ti ons, sull s, proceedings, ;rn d prosec utio ns for the enfo rcemen t of th e pcn:dty. forfei ture , or liab 1\!l y, as wt·II as for Lh~ purpose of sus 1ai nin g :my judgment , dec ree , or Nde r which ca n or 111ny ht! ren dered, cn[cred, or ntJd c m such acuons, sull s. pmcccdrngs, or prosecu11 ons . Scc tioJLlia Psnaltv . The Penalty Provisi on of Sectio n 1-4· 1 EMC sha ll a pply to eac h a11 J c\'cry \'tOlat-t on cf 1h 1s Ordinan ce . lmrodu ced, read III full , and pa ss ed on firs t re adin g 0 11 the 19th day of Septe mber. 20 11 . PublishcJ by Titl e as a DiH for an Ordina nce III the C ity's o ffic1 0:I ne ws paper on the :?.3rtl dny of Se ptember , 2011. Publi shed .i s ,i 81 11 IU, au OH.l imrn1..:c u 11 tl 1c C i t ) 's uffici«I \\'cl,s1te begi1uung on th e :!ls1 i.ay of Septem ber, 20 11 for thirt y ()0) da ys Reintrodu ced , amcnd1.:d , read in full as amemktl on fir !->t 1caU111 g un tl1c 31d 1.fay o f Oct0Ue 1. 20 1! Pu bli sh ed by I Il le «s an amended 8 1II for an O rdmancc in th e City's o ffi c ial new spape r on the 1"-day of Octobe r , 2 11 Publi she d as an amer.cled Hill lor an O rd111ance on the L'ilv 's otfl crnl wc bs11 c bcL!mnin~ on the 5th da y o f Oc tober. 2v t I for thin )' (30) day s. · • • Read by title and pas sed 011 linal rea din g on th e 17th cla y o f Oc tober. 20 1 I Pubh shcd by title ,nth< Cuy's offic ial news pape r as Ordman cc No _, Series of 20 1 I . n the 2 1" cl ay of Octo ber.20 11. l'ubl ,s il cd by 1111 c ~n 1hc ·11y ·s o fl icw l wcbsi 1c begi nn111g on 1hc 191h da y of 0 :1ober. 20 11 fo r 111:rty (30) days. James K Wood ward . Mayor AlTEST · l.oucri <l11 a A f-llis . Ci1y r lerk I, Luu lT 1:.hia A. Elli ~, City Clt.:rk uf lh t: il y uf Euglcwuud , Colura Jo, hcn:l,y ct:rt ify thdt tin: abov e ::md f rego111g 1s a tru e co py ol the Ord inan ce pass ed on fi na l rea din g anti pub li shed by 1i1le as Ord i11 nnce No ._. Series of 20 I I. l.oucnr.hia /\ Ell is 6 • • • • • • ORDINA NCE 1 0 . SF.RlES OF 20 11 13 Y AUT II ORITY CO 'Cll BILL :SO 64 lNTRO DUCED BY CO L CLL MEMBER McC AS LI N AN ORDI NANCE AMEND ING TIT LE 4, Cl l.!\PTER 4. SECT IO:-1 4 , SU BSE CTIOI\ 7 PARAG RAPH (C), OF HlE ENG LEWOO D MUN ICIP AL CODE 2000, WHI CH PERTAINS TO lllE ELI MINAI IU UF THE VENDOR FEE . WHEREAS, the Eng lewoo d City Co un cil authonzcd th e es tab lishment of a vendor fee which ;uo\'1ded a five percent vendor fee to CO \'Cr the vendor 's cxpcn.l c in the collcc11o n :i nd remllt :mce f snlc s tnx by the pa ssage of Ordinance No 32 , Se rie s of 196 1, and WHE REAS , th e pa ss age of Ordinance No . 32 , Series o f 1968 reduc ed the foe fr om the ini 11al rate uf fi ,1.: pc1ccnt :o 2.5 pc1ccnt, a11d WHEREAS. the pa ssage of Ord111ance No 27. Senes of 19 7 0 redu ced the fee to 1.6 percent; and WHEREAS. th e pa ssa ge of Ordinance No . 58 . Series of 2002 reduced th e fee to .5 perce nt . and WH ER EAS , th e passage c,f Ordm:rn cc No . )5, Series o f 2009 red uced the Ice to .25 pc.·rccnt; and \V HEREA S, due to the cont mui ng weak rc,cnu c g.rowth, the City ho s looked for wnys to redu ce c0s 1s :rncVor raise re\'c nue s wi1 hou t vi ola tin g the term s of the TABO R amendment, and WH EREA S, the fee paid to vendors 10 collec t aull remit u1:<c!1 t!1 u mcthuJ uf !,Uv i11 K f.•11J:, lrndly needed r support prn&,11~UTI '-1h ,11 1hc ci1i ... cn" nf F.nrle\\'nod depend upott \\·it hout pla cin g an undu e burden on the bu s111c ss co mmu nity: and WHERE AS. by redu cin g the vendor fee to 2.c:ro busi m.·sscs wi ll not w1 Lliho ld the vendo r fee alic rfanuary 1,2012 . NOW, rl IEREFOR E, DE fT ORDAINED B V Tl IC CITY COUNC IL OF Tl IE CITY F lNGLE WOO D. CO LORADO . T HA T . Sec tio n I. The City Counc il of th e C"11 y o f Englewoo d. Colorndo hcn.:by :.iu tl 1u 111.c::. 111 11 c11 Ji11 g Tit le 4, Cl rn pter 4 . Sec·1i u 4, Suhscc tinn 7, Pam graph r., nf 1he 1:nglc\\'oo d Munici pal Code 2000 , to read as follows 4-14-7: Sales Tn x Rc turo . A. Every perso n requ ired to ob 1ain a sales tax li cense pu n uanl to 1hc provisions of Sec ti on -l-4• 4-4 , ::.Ii.ill filt: a !ict lc::, t i:!..\ rt:turn , "ith paymen t \J f tax ow ed , 1f any , upo n lh e stnnd ard Municipa l sal es and use tax repon ing fonn as adopted by the Exccu111·e Direc tor of the olor ad o Depanment of Revenue , not la ter th an the twent ieth da y of eac h month for the 9 b ii precedi ng ca lendar month: provided. howe\'cr. that if the account ing methods regu larly emplo yed by th e lice nsed retailer in th e 1ransnc ti on o f his /he r bu sine s,;;, or ot her cnn diri nn!-, arc such that re port s o f sales made on a caJendar monthl y has ts wi ll im pose unne cessa ry hardship . the Dirc ~tor may, up on req ues t o f sai d re ta iler , accept n::pon s at such in tcrtals as will , in h1s1l1cr opinio n, bett er suit th ~ con\1c11i cncc of the ax pa yer , and will not jeopardi ze the co !l ccJ •o n ol the tax . B. Til e rctum:.. co fil ed shal l conta in such infonnat ion as ma y enab le th e Direc tor to acc urutc ly dctcnnine th e amo unt of ta x co l\cc1ed by th.: pcr:mn fili ng th e retu m . but in nll cas es ,;;h;1 II co111ui n ~.h.:-fo li o\, mg mfo nmnion: The amount of gross taxable s,lcs made by the reta il er dur in g the peri od fo r whic h th e return 1s filed , TI1 e 101al S:l lc, pri ce nf:lll prop<· y re111rnecl hJ 1hc pu rcha~cr as a rcsul1 ofa re1urn of goo ds sold by the rc tnile1 , prov ide d, th e origmal sale was a taxa ble tra nsaction: The 10ml fair market va lu e of any propc n y received by 1hc retai ler as a rc~uh uf an exchange ol µro pcny; prov ided 1h c pro peny so rece ived ,s hel d by 1he rct:ulc r to be so ld or lea sed to a use r or co nsume r 111 the regular cou rse of hi s.'hcr bu si11cs s: 4 The 101al amount of rern il sa les wluch :m: exemp1 from 1he tax im pmcrl hy Sec11 0,1 J -4-4- 2 hy re:,so n of the provis ions of Section 4•4-4 3; 5. The: tot a l amo unt of sa les made on c rcdi l, th e obhgatio n for whi ch is 110 1 secured by a co nd1 ucn al sa les con trac l . ch ntt cl 111 '."'l rt go gc or oth er sccu n ty tn slrum cn t enti tli ng the rcwilcr to repossess the item so ld, whic h are fo und to be wo rthle ss a11 d whk h ma y be dedu cted as bad deb ts on th e reta iler's Fed eral income tax return C. The re turn sha ll be accompanied by nn amount cqun l to the sal es to.If. requU'cd l O be co ll ec ted hy th t: t'cliu lcr bu t whu;b. iu 11 u i.:Jsc , :,Lall I.ii.: \c:,; 1hm 1 th e a111uum ai..:tu all y collc c1ed, nor le ss th an 1hree and one-hal f pe rcent (3.5%) of the figure derived by sub1rac tm6 fro m the gro ss 1axablc sales, as re fl ected on lhc re turn, the tot a l sa les de sc ri bed m sub cc 1i ons 8 .2., 3., 4. and 5 above, as re fl ected on th e return" ~~oWe-Yff. the FEHai le r nu1~ Eleeh,10t fF0nH-l 10 1aull 10: tlue-flfl RtH nRI ef1 11nl IA ;ma flUA F1 ar ,~eree u: EQ .,3nq nftlrn nal @!. taf F@Et u ♦re<H-0 be eoUeeteEI . 11 ·1\i el:i Htt,Y ber-arninOO b~· tAa FB 'ailar as a ~00 klr 0e ll 00liHg ~ai B ·e.t lftha ranm~ ~af6f tha11 the I eBtietl+d a) a feoeh Aleftth-&f-OSi*~iB eel 0)· ~ho Diro0ta r , th e on e qunner 1,e,<>en 1 E0 .2;•·,) • ende r's r.,, u11 a "'&ne o shall be Kirfoit ,u u11 tl llilel,J '" :h, ~111 uuttt-<>HI .. deli<,iettey, D. r\11 other pe rso ns shall pa y 10 the nirector the nm ount f any tax due unde r 1hc prov is ions of thi s Scc 11011 4-4 -4-7 , no t later than fiflcc n (15 ) da ys aft er th e dnte that said tax be co mes <l11 c Secti on 2. Sa fct v C lau ~c~. Th1.: Ci1 y Cou111.;1 I hc1chy fimb . t.lt ltmn.i ne~. ru 1d dcc l.11 cs tlrnt thi s Urd1nancc 1s promu lga ted under the gen eral poli ce pc ·ver of the C lly o f Englewood , Iha , 1t is promulga1ed for the he.11th. safely, an d welfa re of th e publi c. and thm thi s Ordina nce 1s neces sary fo r the pre servation o f hea lth and sa fety and fo r th e pro tecti on of puhli c co 1weoien ce and welfare The C11y r ounci l fu n her de 1cnn ine ; 1hm 1hc Or<1111an c:c hc..-1rc:; :i r.11ion ;1 I relation to tht prope r leg isla tive objec t so u sin to be obt.:iincd. 2 • • • , • • • ;;ccuon 3 Scve rabili1v. If an y clau se, se111cnce 1 par3graph 1 or part of this Ord inance or the app licat ion thereof to .ny pe rso n or Clrcum sta nc cs shall for uny reason be :ldJudgcd by a court o f 1.:o mpc lclll 1uri sdi c1iu 11 i11 1,,a lid, such judgment shall not nffcct, impnir or in va li date the 1cm:1ind cr of this Ordinance or it app lication to ot her perso ns or ci rcums ta nct!S . Section 4 . l nco11s1stc 111 Ordinances. All othe r Ordina nce s or ponions thcrcuf 11u.:u11:i i ::.tc1 1t '--1I confl1 cti ng with th is Ordinance o r :my po rt io n hereof a re he reh y repeal rd 10 th e e xte nt of such in consiste ncy or co nfli ct. Secti on 5. Effect of rcpcn l or modifi c ati o n The rcpenl or m odifi c at io n o f any µro v 1s 1o n o f th e Cod e of th e Cit y of E11g\ewood by thi s Ordi nan ce shall not release, exii ngui sh, alt er, mod ify, or ch;.rngc in wh ole or in pan any penalt y, fo rfeiture, or 11:ibili ,y , ei ther civ il or crinur.a l, whic h sha ll ha ve be en in curred llnde r such pro\'1S1on . and c:1 ch pro vi sio11 slmll be 11 c:tt ed u11cl hdd as still remn.10 111g in fo rce for the purposc.-s of susta in ing any anrl ,i ll proper ac110 11s, suits, proceed ings, and pro secuti ons fo r 1he en fo rcement of the pena lt y, forfeiture. o r liabil ity. ;1s well as fo r the purpo se of sust c.1in ing ;.,ay judgme nt, decree, or o rde r wh ich can or mny be rende red, c11 1 .. 1·:•1 u1 ,: 1c iu su ch acti ons, suit s. proc:ccdings, or prosccut 1o ns. ~ '-~ ~·cnal1v . The Penalt y Pro\'1sion o f Scct1011 1-4 -1 EM C r ~II appl y 10 ... 1ch and eve. ·::uh:~1on oftlu s On.1 .nancc . Int roduced , rc:td in full , and passed on lirst reading on th e 3rd da y oiOctober , 201 1 Publi shed by Ti tle a5 a Dill fo r iln Ordin ance in the City ':; o ffici :1 1 news p:1p er 011 the 71h day o f October. 20 I I l'ubl1 shcd as a ilill fo r an Ord inance on 1hc Cuy·s o fli La <1l wd..1~t1t: bcg i1111i11 g u11 the 5th d:1) o f Oct obe r, 20 11 fo r thi rty (,0) days Rend by tit le and p.1ssed on final reading 0 11 the 17th day of Oc tober, 20 I 1 Publi shed hy llt le in the '11y's offi cial newspaper as Ordin ance No . the 2 1st day oi Oc tob er, 20 I I. . Scnc s o f ~O\ I, 0 11 Publi shed by titl e o n th e C it )'°s ,.;1:,. :al webs ite beginning on the 19th day of O~t,•bc r, 20 11 fut thirt ) (30) days . J:u-iies K. \Voodward , Mayor A'ITEST: !.o.:crishi a ,\.Elli s.Ci ty Cler~ I, Loucn sh1a l\. El li s, Cit y Cle rk of th e Ci ty oi Englewood. Co lorado , hcr~1,y c.cn ify th at th e ah uve ,11 1d fo regoi ng is a 1ruc co py of the Ordina nce passed on ftr.nl rcad11t g a:i d µub lishcd Dy 1111t.: as U rd11rnn cc o. _, Sen cs ol l.UI I. Lo ul:m,hi;.1 A . Ell is • • • • • • ORDINA.\/CE NO . SERIES or 20 I I BY AUT I IO IUTY COUNCIL BIL L NO . 65 INTROD UCED BY COUNCO. MEMB ER OLSON AN ORDINANCE AMEJ\DING TITLE 4, Cl !APTE R 7. SECT ION 3, OF TH1c FNGLEWOOD MUN ICfl 'AL CODE 2000 , PERT AINING TO INCREAS ING WASTE TRANS FER FEES. WHEREAS , the City Co un ci l of the City of Englewood, Co lorado passed Ordinan ce No . 25, Se ri es 1987. instituting the \V 2s1c Transfe r Surcharge which imp ose d a twenty ce nt sun.:h arge on c ch cubic ynrd or ponion 1hcrcofby cnc h per so n di spos in g of trn sh al .i wnstc 1ran~frr faci lit y to offse t the impact of heavy vehic les an d 0 1h er traffi c usrng th e wa s1e tr :m sfcr statio n on 1hc City's ~trcct s and bridge. and \VHf'.RE AS, the wa ste tran:ifer fee ha s not been adjus ted for inflation since ii wa s im pos ed in I 987; nnd \\" 1 IEk.EAS , the cc st of street :i ·id bnd gc re pair s and rcpl .1cc:mci:1 have 111 crc:1 scd signifi cm 11l y si nce I 987, and WHEREAS, the pas sage of thi s Ordi nance wi ll increase the Waste Transfe r Surcha rge fr om $.20 ( 1987) to S.50 per cu bic yard cffec11 ve Ja nuary I, 20 I 2 . NOl\i , THEREF ORE , BE IT ORDAIN ED BY T HE CITY CO UNC IL OF Tl·fE CITY OF ENG LEWOOD, CO LORADO, AS FO LL OWS : Secti on I The C11y Counci l of the C11 y of Engb,oo d, Co lorado hereb y approves an Ordinance amendi ng Tit!c 4 , ChJpt cr 7, Secti on 3, lO read as fo ll ows : 4-7 -3: -·urcha r gc Imp ose d . O:i and after the effec ti ve datl' hereo f. there ts hereby le vied and shall be pa id and coll ected a surcharge of !Wf i;y _ ce nt s (SO .J(l ~ on c.,ch cubic ya rd or ponion thereof by eac h per so n di~pos ing of trash :.i 1 :i wa ste tran s for faciht y, including up on c:3ch per son di spo smg of 1r:1 sh by !u s ow n vc h..icl c at his own faci lity, whether for a ch arge or not. SaiJ surc harge is 111 nddition 10 al l other rnxc s, surcharges and fees un poscd by la\\. "r c tion 2. Sa fct v Clauses . The Cit y Co un ci l hereby ti.nd s, dc lcrm inc s, and dccl nrcs lhat th is Ordinan ce is prom ul ga ted unde r the genera l police power of the Cit y o f En glewoo d, 11ta1 it is pro mu lgntcd for the hea lt h, snfc ty, nnd welfare o f the publi c. and thut this Ordin :1ncc i•; ncccs1;ary fo r the prcscrva 11 011 of health and safe ty and for the protectio n of public convemc-nce and wel fare . n,c Cll y Counci l fu,~hc r dc1crmmc s that the Ordi nance bears a rationa l rclali on 10 1hc propc.r l cgis lmi vc obJcct so ughl \') be ob1:1incd Section 3. Severabiltrv. If any clause, sentence, pa ragraph , or part of this O rd inance or th e applica tion th ereof to any person or circumstances shnll for nny reason be ad Ju dged by o court o f l 9 b ii i co mp etent j uri sdict ion invalid . such Jud gmt:nt shall no t affect , im pair or in valida 1e t.he rema inder • o f thi s Ordinance or It ap pli cat ion to other perso ns or circu,n.~tan ccs. Section 4 J.nco ns 1s tcnt O rd inances. A ll ot her Ordinances or po rti ons thereo f mcons istcnt o r l.'.u111l iL:tin g wi th thi s Ordinance or any po ni on he reof arc hereb y repeal ed to the ex te nt of such mcons1st cncy or con fli c t . Sect ion 5 . Effect o frcpc:ll o r modifi c.,t ion . The repea l 0 1 modifi cati on of,my provision o f the: Co J c: u f tl1t: Cit y uf Eng!cwuuJ by th.b O rdlmu1 1.:c: ::i lm\\ nul iclca~r.:, cxtmgu i::,h , alt er, ruudify, or change in who le or Ill pan any pena lty, fonc iturc , or ha biht y. ell he r c 1v1I or cnnuna l, whic h sha ll have been in ct:ircd wid er such pro,os ion. and eac h pro visio n sha ll be tr eate d an d held as s ti ll rcmainin o ;,~ force fo r the purposes of sustainin g a.ny :11 1d all pro per acti ons, sui ts , procccdmgs, a nd pre .ccu1ions for th e enforc ement o f the penally , fo rfeiture , or lia bili ty , as well a s fo r th e pUipos~ of sustaini ng any _1 udgment , decree, or order v.'hich can o r may be rendered. cmered , or made in s uch ac1ions , sui ts, proceedi ngs. or pro;cc utions. Section 6 Peno lt v. The Pena lt y Pro vis ion of Sectio n 1-4 -1 EMC sholl np pl y to cnc h nnd cvc,y viulati u n uf thi .,; Ordinam:c . lnt ro<luc ed , re ad in full, a11d passed on 1irst read ing on th e 3rd da y of October , ~O 11 . Pub lis he d hy T it le as i"I 0i ll for an Ordi 11.111~c in the Ci1}"so fli c 1al 11 ews pa pc1 0 11 the 7th J ay o f Oc tobe r. 20 11 . Puhli c:.herl :1c:. a Hill for :rn Orclim1nc·c on 1lw Ci1 y's ffic ial \\'l"bsi te begi11 111 ng on th e 5t h d ay o f October, ::!O 11 fo r t\1111 y (30) dn:,s. • Kcad by tn le an d pa ssed on fina l rea d mg on the 17t h day of October, 20 I I. Pu bli sh ed by tit le in the C i1y·s oOiciJ \ news pJper as Ordmance No .__, S!!rie s o f 201 1, on tl 1c 2 1 Sl day o f Oc tubc ,, 20 I I Pu bli sh ed by titl e on th e Cit y's offi cia l web site beg in11in g on the 19 th day of Oct0he r, 20 11 fo r 1h 111y (30) days . /\Tl EST : Lo uc n shia A. Ell is. t'·!, C:lcrk I, Lftuc1 ishia A . L ti s, City C lerk uf th e City of Englew ood , Co h.m1Uu , hc..:11;:by i..:t:n ify that th i.: a bo"c and foreg oing is a ,rue cop) of the Ordm ancc passed on fina l rca drn g and pu bl!S hed by l!lie as Ord inance N0. _. Se rie s of 20 11 . I .o ucri ~hia A Ell is • • 0 • nRJ)INANC E NO Sf Kil,~ UF 201 I BY AUT HO RI TY COUN CCL BCLL NO . 69 INTRODU CE D BY OUN CIL MEMBER GILLIT AN ORllL<s ,> ·::··1: AUT HORIZfNG AN INT ERGOVERNMENTAL AGREEM ENT JU:GMDIN" Tl rE APPLI CAT ION FOR ANO THE ACCEPTANCE OF /I CO LORAD O 'U ';. 1 · 1'T OF TRANSPORTAT ION GR/INT A WARDED TO THE C ITY o r EN CiL EWOO D FOR THE CHILI) PASSENGER SAFETY SEAT PR OGRAM AJ\1) FOR VA RIOUS PR OJ ECTS RELA TED TO TRAFFI C SAFETY ED UCAT ION AN n ENFOR CEMENT DURING CALEND AR YE/IRS 20 1 I AN D 20 12. WHEREA S, th e Colorado Depan ment o fTran sponati on (CDOT) has so li ci ted c ity polic e dcpa 11m en1 s 1hroughcu1 th e Sta te of Co lora d . in cludm g 1hc Ci1 y of Eng lewoo d. to pamcip:ite in ll ,li'fil.: safoty cJuc:n io n and cnfo rcc:mcn t program s; and WHEREAS , CDO I' o llc.11 gives lit1l c not ice when th ey annou nce thei r sa fet y ca mpaign s; and \Vl-lEREAS, th e passage of th is ordi nance will authori ze the Ci ty o! En glC\'-'OOd to acce pt funding trom the Co lora do l)cpa 11men t ol Trn nsportau on (C IJU'I J fo r va ri ous proJects rcl.1ted to 1r :1ffi c '-:lfe ty cduc:ui nn amt cnfn rc eme nl for all projct:ls in itiat ed in 20 1 I an d 20 12. w'hich in clude the fo ll owing : High Vts tb1 lity Im paire d Driving En fo rcement Campaign . $4,400 Mo1o rcyc le Awnrcn css Tr.tinin g • $i47. 19 Cli ck it or Tic ket -$3,000 Chtld Pas senger Safe ty -S500; NO W . THERE FORE, BE IT OROAL'\1'ED BY TH E CIT Y COU NCCL OF fH E C ITY O F E, GLEW OOD. COLO RAD O, AS FOLLOWS : Sce1 ion I Th e C11y Cou11c d of the City of Engl ewood . Co lorado here by aut homcs the acc eptance o f1h c Co lora do Dcpanmc n1 o fTra11 spo nat11:>n Gra m aw ardc<l to the City of Englewood for fund in g o f \';muus pwjcct::i rcla1c<l tu 11 affk ~.i fc:1y cJu .:allv n ,111t.l c11fu1ct:111cn 1 du n ng ca lendar years 201 1 and 20 12. Sectio n 2 The Ci ty Ma n~gc r 1s he reby nu th orizcd to sign SJ"t td CDOT gru nts u"urdc d to th e Cit y of Eng lew ood fo r and on behalf o f the Ci ty o f Eng lewood, Co lorado for th e c,1lenda r yea rs LO I I and 20 12. Int rod uc ed , read u1 lll ll. and pa ssed on li r.;t read mg on the .I"' da y of Octobe r, 2011 . Pu blis hed by Ti tle as a Btll fo r an Ord in ance 111 the Cit y's officia l news pa per on the 7'" day of Oc tober, 20 1 I. 9 b iv Pub li she d as u B111 fo r an Ordmancc on th e City's officia l webs it e be ginni ng on th e 51h day of Octobe r, 20 1 I for 1hm y (3 0) day s. R,ad by 111Je and passed on fi nal read ing on the 17th day o f October, 20 1 I . £lubli shcd hy title in th e Cit y's o ffi ct:tl new spap er as Ord111ancc No ._. Sc n cs o f 2011 , ~n 1hc 2 I SI da y of Oc1ober, 20 I I. Pu bli shed by 111\c on !h e C i1y's offi c,al we hsil e beg innin g on 1he 19th da y of Oc1ober, 20 11 fo r 1hjr1 y (30) d:i y, James K. \Vood ward, Ma yo r A TT'EST : Lo ucnsh1,1 A. Ell is. C11 , Clerk I. Loucn shi:i t\. Ell ls, C1t >' Clerk of the C11 y of Englc,1o:ood. Colora do. hereby cert ify lha t 1hc ,tbl•Vt: ,u1d fu1cgu1 11g i'.'I a t1 uc 1.:up} ltf tl1c 0 1 Ju 1am.:c p+.1~:-.L-<l u11 f11 1;_i l 1t:ad i11 g and µu b\1:-.hciJ by otlc as rd1nJ ncc No . cn cs of 20 11 Lo ucn sh1a A. l:lhs • • • • • ORD'NANCE NO SE IUtS OF 20 I I BY AUnlD R'.'' Y COUNC IL BD.L N 10 lNI RO DUCE D B Y Cvl,NC IL ~1EMBER WILSON A ORDINA CE AP PR OV ING AND AUT II ORIZi NG THE [Xt:CUTION v i' TW O lN TER GOVERN~!ENT AL SU B(;R.,\NTEE 1\GREEMENT S FOR 201, CO MMUNlTY DEV ELOPM ENT BLOCK Glv\J\'T (CDBG) BETWE EN THl, A RAP AH OE BOARD OF COU~TY CO MMISS IONERS AND THE CITY OF I' J(;I EW OO D, CO LORADO. WHEREAS, th e City Counci l of the Cit y o f Englewoo d appr oved th e execution of an lntcr govcm mcnrnl Agi ccmcnt between the City ofEng lc woocl nnd Arapahoe Coun 1y by passage of Ord in :mcc No . 22. Serie s o f 20 09, cove ri ng the City's p;:micip at1o n in th e Arn p:i hoc Co unt y C'DB G En 111l cmcn t Program for li111d1ng yea rs 20 10 throu gh 2012 : and WHEREAS. 1hc Englewoo d City Co un cil plssc d Reso lu11011 79, Series ol' 2010. sup po r1111 g Ho us111g and Co mmunity Dev elopm ent thm au thorized submining an applt ca ti on for 20 11 CDBG funding; and WHEREAS . the En ergy Effi c ient Eng lewood Prt,jc ct ha s been Cl tego ri zed as a housing rchabili tmion ac1iv11y; and WHEREAS , the Housin g Reha,il11a11 on Project has been ca:ogo ri zed as a housing rchab1litmi on ac uvity, NO \✓, TH EREF OR E, BE rr ORDAL'IED r, '{ Tiff CI TY ('Ol,f.',JC LL v .' THE CITY OF ENGLEWO OD, CO LORADO, THA T: ~ection I . T he Subgran tee f\gree mcnt fo r Arap.ihoc Cou nt y Co mmun ity Development Block Gram Fund s -Suhg ra ntce : City of Englewood . Project Name : Energy Eflic 1cn 1 Eng lewood ll:3) Project Numbe r: EN H S 1121 , :ma:hed here to a.c; Exhibi t A . 1s hereb y accepte d and app roved hy the Englc"ood C'1ty Co un :il Sect ion 2 The Sub grJnlcc Agreeme nt fo r Arapahoe Cou nt y Conununit ; Devel op ment Bl oc k (: .i m Fu nd s -Subgrantec : Cit y of Engl ewoo d. Proje ct ~a.me : Housi ng Rchab ilil all on Projec t Numbe r: EN I-I S 112 2, anachcd heret o 3S E.dubll B. is hereby acce pt ed and approved by the Eng lewood City Counci l. Sec11 01u . The Mayor is hereby a u1hor1zccl to sign said Agroen,rn ts fo r :u,d OJ\ beha lf o f th e C ity of En glewood , Color:ido . Scc t1 011 4. 111c Cit y Manager shall be uuthonzcd 10 further ex tend the subgrantec agrecrnc111 s for the Arnp ·\hoe Coua ty CommWUtv De\'e)opmcnt Bl oc k Grnnt Prugram :i s needed Lntro du ccd. read m fu ll , and pass ed o n fir st rea ding on the 3rd day o f Oc tober , 20 t I . Publis hed b) i 11lc as a Bill tor an Urdmance in the C ity's ntlic ia l new s pa per on th e 7" day o f Oc tober, 2011. Pub li ~hcd ns n 1311 1 for on Ordm nncc on th e City1s o fficin l webs it e beg inn ing on th e 5th dn y o f Oc tober, 201 1 flll 1li ir1 y (3 0) day,. Read by ti tle and pass ed on fina l readin g on the 17 th da y of Oc tob er, 20 11. l'ub li shed by ti tl e in the Cuy's offic ial newspaper as Ordin an ce No _, Se ne s of 201 1, on the "I Sl da y of Octo ber. 20 11. Publ is hed by tnl e on the C it y's ofli c ial web site begmrun g on the I 9th day of Oc tober . 20 11 fo r th irt y (3 0) day s. i\TTE ST : Jam es K . Woodwnrd. laye r l.oucris hi a A Elli s, City C lerk I. Louc ri shi :, A. Elli s, i1 y Cler k o f th e 'i1 y o f Engle woo d, Colorado . hereb y cc11ify th:1.t the above and fo regoin g 1s n true co r y of 1h e Ordim111 :.e pa s!.ecl on fin al re.1d111g and piihli shed hy title as Ordin an ce No ._, Series of 20 11. Lou cri shin A. Ell i; 2 • • • • • SUBGRANTEE AGREEMENT FOR \.RAP A H OE COUNTY COMMUNITY Dl<:VELO PMENT BLOCK GR,\NT FUNDS S l lB';;<..ANTEE : C ITY Of ENGLEWOOD rnO,JECT NAME : ENE llGY EFFICIENT ENGLEWOOD (E3) PROJECT N UMl3E R: tNHS I 121 CSHC. l !-Y7 l't Thi s Agreement is maclc hy an d betwee n the Boa rd of Co unt y Com miss ioners of the Co un ty of Arapahoe, State of Co lorado, for the Co mm un ity Deve lop ment Block Grant Program in the Co mmunit y Resources Dcpa n mcnt (herc;naftcr referred to as th e Co •Jnty) and th e Cit y o f 1:-:ng lewoo tl (h ereinafter referred to as the Su bGra nt ce) fo r th e cu 11dud of a Co 11mrn11:ty De ve lopment Block Gr:llll (CDB G) Project. l. PUR POSE ·111 c p1im n1y obj ec ti ve uf Ti tle I of tl,c llou si ttg ancl Commun ity Dovclopm cn t /\cl or 197 4, as ttmc ncl ed , and of th e Co mmuni ty Oevel oprn cnt l31 ock Grant (C DB G) Progrnm under !his Ti tle is the devclo pmcr.t o f viable ur ban comm uniti es, by provi din g decem housm g, a suitab le living env ironm ent and expanding_ eco nom ic opportu nit ies, prin cipa ll y fo r low and moderate in co me perso ns . Th e project by the S11 ~G rant ee knnwn as th e En ergy Efficient Eng lew ood (EJ ) (Proj ec t) has been ea tcgo n zed a, a Housing Reh ab ili tation project an d th e SubG rant ce will mai ntain docu menta tio n wi th th e na tiona l objective of Low /Moderate Income :-lo usi ng act ivities . T ac S ubG ran lee may proceed to in cur cos Ls fo r th e ~rojec t upon rece ipt of an officia l "N otice to Proceed" from the Co unty. fJ . WORK TO ll E CO~'lPLETED BY Tl:fE SUBGRANTEC Th e fo ll owi 11 g prov 1s1ons ou tlin e the scope of'th e wo rk to be com plet ed : The Subli rantc c will util ize CD BG funding to prov ide gnmt s tu fo unccn (1-') low t modera te in co me homeowners for energy efficiency interio r and ex ten or home irnprovcmcnlc. T1c in tent of th e proJcct is tr im prove he energy dlie,ency of ho mes . wtth a focus on work n ems that q11al 1fy for fed eral tax cred its or any other st at e or local rebate progra m , inc ludi ng , bu t no t lim ited to Energy Star fu rna ces, water hea ters, window s, doors, skylights, 1nsu la11 on, roofi ng, si din g, eva porativ e coo lers, anJ 1cft igerat0ts. A ma xi mum of $8,000 will be gra nt ed per household and the grant req uires a 20% match fr om !h e hom eowner . If the homeowner docs not have the req ui red ma tch , then the gra nt will be sec ured by a decli ni ng deed of tru st reco rded on U1 e prop erty th at wi ll be for!,,ivcn over a 48 mon th period. A . Pay 111 c11t • It is ex pressly agreed and understood tha l th e tota l amount to be paid by th e County under this cont ract ,ha ll not exceed S 125,000 . Drnwdowns lo r th e payment of elt gibk expenses shall be ma de against the Inn.: 1l t.:111 bu Jg1,;ts sµcctficd in the Proj ect 8u dgc t nnd in accordance with perfo rman ce 1..:lit .:1 u c:itab li ~ht:<l i11 S:..:l-ti 1J11 fl -C. The parti es cxp re~:i ly rcwgni,.c lha t lh c SubGrantcc is tu be pai•• with Cl~!:s(j nnds received from the fttlera \ gov ernment, and that the obli ga ti on o f the l..'.o un ty 10 ,.,kc paym ent to SubGn1111 ce is euntin gcnt upo n rece ipt of ,,i :h fu nds . 1n tl,e event th at sni d =·•m ds, or any part thereof, are. ur become, mava,lable , then ;.1 0 C m u,:y ma y imm c.d ia tcl y tc rrni nate .,.-, amend tl tit. agree ment. To lhc ex tent C.R.S. § 29-1-1 IO is appl icab le, any fina ncial o bligauor, of tlte Ct ;my to the SubG cal'tec beyon d lh e curr ent fi scal year is aJ ~n rontingen; upon adeq uate :i.md s bei ng app ropria :ed, budg eted and o thcrw i,c ava ila bl e. Upon exp,rnt ,on of this Agreement, a, ,d enttl ied by tl1 e deadl ine in Secti on I I. C. :-. be lo w, th e Su bGn111 1ce shal I lrar.s fcr lo the Co unty any CD BG fund s on han d a t the time f expirati o n an d any acco unt s receivab le attrib ut ab le 10 the use of CDBG fund s These transfer:-ed fun ds sha ll revcrr In the: Coun ty anrl be ulilt zcd fo r other r urpo sc s. fl. Tim clin c All Project "ctiv i>.ics will be co mpl e1e rl , ""cl draw rcq ucs1s su bmitter!, by .J ul y 3 1, 20 12 . In th e event thii l the: cnm plr.linn ri c;i dli ne fallc_ nn i\ \veck r:n<J c,r ho lirlny , 1hc rlcad l me wi ll be C'.nn.~irlererl tile w u1 k da y prio r to th e ~cl 1eJu leJ 1.;u111 plctiu11 dal e:. C. Pcrfor mnn cc C ritc rin • In ncco rd ancc wi 1it the fimdi ng 11 ppli cati on subrr.irted by lh e Su bGrant cc fo e t'i c Project , the cri teria • li sted below are to l>c mer d u1i11g tlte exccu ti ou of Die P,oj ec t. I . Quantifiab le Goal s: Th e SubGran tce wi ll utili ze CDB G funding 10 prov ide grams to fo urt een (14) low to moderate in come ho meowners fo r energy effi ci en cy i.n•crior and ex teri or ho me :mp rovements l11 e intent of tJ,e proje ct is In ,mp ro vc lhe energy efliciency nf hnme s with n fo cus on work items th at qual ify for federal tax credi ts o r uay oth er state or local reb ate program, in cl udin g, but not lim ited to En cr gv Star fu rn aces, water heaters, windows, doors, !;kylighLc:;. insul ation, roo fin g, si ding, cvJr □rativc coo lers, an d re fri gerat ors. Grant fund s ma ;• be used to correct id ent ified emine nt hazards an d/or 01h er hr.a Ith and sa frty iss ues whi ch are nee<lcd to cn su r~ the en ergy cfli cil!ncy of th e hu 111 c . A ma J.imum uf $8,0 00 will be gra nt (:(\ per ho use hold and th e b'Tant requ ires a 20% mat ch frnin the ho meow ner. If the homeown er rlocs not ha ve the req ui red ma tch, then th e grant will be sec ured by a declini ng deed of tru st rcmrdcd on the property th at will be fo rgr ,en over a 4~ month penod . !\.rt energy audit will be req uir ed of ea ch ho me pri o r to the start of constrn cti on to clelcnn ine 1h c rtr:;as o f g re~::i.tes t energy effi ciency need Th e t:..nergy :r.1 rl its wi ll (le pa id thro ugh dthn inisln1t ivc funJ s. Co 11 3t1u d iu11 fum:s will be dis l>u r~cd tu tJ1 c; humcu wm:1 as tl1e work ite ms are co mpl eted witlt reim bursem ent based o n receipts fo r ma teri~l s and lab or expenses. • • • • Th e Sub Graotee will rctcr cl1cn1s to the Cou nry's weatl1erizatio n progra m fo r ass istance, rather than prrwi dc a duplicute :ervice . Tlm referra l will be docu mented and kep t in the cl ient fi le . !n ,.as es where Jpp l:anccs or sys tem s are purchased or insta ll ed with fu nds covcced undct this gra nt , th e ap pl iances or sys tems must mee t enerey ;tar standard s. /\11 i111 ~1ovc1m.:11ts funde d under th is grant arc 10 be pcr fonn cd in ncco rd nncc v.1t h "Pl'ii ca blc i·,d11s try nnrl local codes and standards, as we ll as th e America ns with Disnbiliues, ct. It ems w1ll mcc1 or cxceai energy sl.i.lf1Ll auis scl fo rth at i.>'ww .c11c1g vs tar.rJ..Y_Y and 01 Xcel Energy . 'Ibc homco wnci wi;) be in stni ctcd to meet th ese slandr1rds "n rt pro\'irl e evidence that work me ets these sta11dards i.e. Label off window , co ntra ctor's dct a:led invoice for boiler, hot water heate r, etc. A ll co nt rac tors, su bco ntra cto rs ancl ve ndo rs paid thro ugh tlus gran t mus t be ch eck ed agains t th e fcdc ,al c,cl ud cd parties li st to insure ciih~bil ity to rece ive fc rlcrnl fun ds TI1e Sub Grantee ts respo nsib le fo r chec ki ng th e hst. 2. Co mmuni1 y l111 puct Affordab le ho usin g-stab il ity an d housi ng qualit y 3. Monthl y Perfom1an cc Standards: October 31 201 ! : Ou lrcac h and markel in g Fr P.TA fo nn due Mon th ly [)raw anrl Reponm g Due hy 20 th November :)Q. 20 11: Outreach and market ing Mo nth }) DrJw and Reponi ng Due by 20th December 3 1 ~20 1 l : Prov ide services to appco xim 11i ely I urnqu e household J\llu11 Llil ) D1aw .u,J Rcpu 1li11g Due uy 20 th January3 1 2012 P1ov ide services 10 appcoximatdy 2 un;quc househo lds Mon thl y D1 w and Reponi ng Due by 20 Ll1 feb111 arv 29 20 12: Provi de services to approxima tely 2 un iqu e hou sehol ds Monthly Draw and Reporti ng Due by 20 th fl . March 3 1. 20 12: Prov ide se rv ices to app roxi:na te ly 2 Llf.i que housrho lrl s Month ly Dra1o all d Rcµorti11 g Due 1,y 20 th A~n l 30, 20 12: ProvHlc sc "·tccs lo a prox imat e!:, 2 uni que ho useho lds Mo nth ly Om• an<l Report ing Due by 20th Ma ·,I 2017 : Prov ide !->t;1vi ces to approx i111lttely 2 uni que ho useho lds Mo nth ly Draw and Rep ortin g Due by 20th Jmc JU.2ll l 2: P,ov idc services to apprornnately 2 uni que ho useho ld s Month ly Drav. nnd Rep ort ing Due by 20 th !clv 3 I. 20 12: Pro vide services to mee t cumu lative gran t year goa l ol 14 hous ch Ids sm ·ed Monthly Drrn nnd Rep orting Due Re p o rtin g Re quire m ents Project rep nct.< will he due wW1in rwcn1y da ys fo !low in g the end of each ca lend ar momh unh . J1c Prnjcc t 1s com ple ted. 2 . 'The official nnnuu l uudit and/or Finan cia l Statcm,,.11 s for the SubGrru.•ce in whi ch both revenues an d expend iture s for the C DBG Proj ects described here in are ,1eta ilcd arc du e annual ly. fhe las t co mpl ete d official ac.nual audii re po:t and/or Financi,.1 St atem ent s sha ll be d~e 011 May 3 I, and fo r four (4 ) yea r., therca ller on May 3 1. E. Lauur Stalll.la nh (Davis-Baco n) P1 UJec t act1v1 li cs do nti\ req uir e comp li n11cc wi th fcdc rn l lnbo r st andnrC s (Dn v1'i ~..!uco n) as it i s exempt (i.e .. public service ac1 1v1ty, sm1:k fa1n lly home rehab1 ht a11 o n , pur chase 01 materiRls , or ot her act iv it y tha : ho s bee n dc•cnnined c,.,mpt from fede ra l la bor sta ndarJs). F. Len d Ilo scd Po int R ci;u l:i n on s • • If th e :1c ti vi ty i11 vo h r.s any co nst rn cti crn, cl cmo ln.on, rf'lH!hilit ati on, or an y ac ti vity relat ed to n \.,u il<li ng. a.id til e l,u ilui11 g v.as built i11 I 978 or pri or, Lc,d Based Paint Laws and Rc gulm ions ap ly, as es tabli shed in 2~ CFR Part s 35 m1d 570 .608 . If the SubG rdntee do es no t fo llow and docurn cn 1 Lcr.c llascci ~a int Laws and Rcg ulat ,oa comp li ance. :h e SubGron tec will not be eli gible r r reimb ur se ment • • Il l. • • ·n,e "Pr~1ec 1 " :·arni ly fr om Lea d in Your Ho me" pamph lc l is lo be provided lo all homeown ers, rcg?Idess o f age of housi ng . Veti fi cat ion of notificanon 1s to be ma intained in client fi le;. C . En\'iro nrn rn~•i l Revi ew Nulw1 1hstnmli11 g n:1y :11ov isio 11 of thi s Agre emen t, the pa11 ics hc rctc agiee and ackn owl:::dge thai this Agrccinc11 t do c~ no t co nstuu te a co mm 1tme 11t o f fun ds o r site ap prov al, an d that such · commilmei:'. of fun ri or appro val may occ ur only upo n sa tisfactory co mpl et ion of environmental rcv,cw and rt•c c.pt by !,rapahoc Cou nt y of a rele ase o f fu nds fr om th e U.S . Dcpartmem of Housi ng and 1 lrha n r•ev lnj ;ment under ·14 rr-R :'art 58 ·11,e parties further agree 1ha1 the provision of an y fu nds to 1hc prOJCCt i, co ndition ed on .\raµah oe County's dc1em1 inati on to pro ceed with , modi :y, or cancel the projcc, bast:d on the rcs ull s of'a subsequent cn,i ronmcn1 a\ re vi ew . H. Uui fo n n Rcloc:ition Ac t (U RA ) It hac; been clctt.:nnin<.;cl L1 tn no action under I.h e Unifon n llclocati on Act (U RA) is necessary. R.ES PON S llllLl'flES O FTH " SUBCRAJ\'TEE A . Freier:,! Cn mpl ia n ,·c Tnc Su bUranlcc shal l co mp!y . .'. _., dpp hca bl e federal la ws, rcgu lat:o ns and rc'Cj uirement s, and all prov ision s of the gran t agreements rece ived from the U.S. Department o f Hous ing and Urban De vel o pment (HUD) by the Cou111y. Th ese inc lud e bu1 are not limilcd to compliance wiL1 th u prov isions of th e Housi ng and Co mm unity Develop ment Act of 1974 and all 111 \es, regul atio n!, gu id eli nes hn<l ci1cu lars pr om ul gated by the vari o us iCdcral dcpa~cn ts , agencies, admini s trati ons and co mmissio ns relatin g to th ~ CDBG Prowam. A listin g of some of th e app li ca b le laws and rCb'll latio11s are as fo ll ow s: 2. 3. 4 . 5. 6. 7. 8. 9. 10 . II . 12 . 13 24 C FR Part ~7 0; 24 CFR Pm1s 84 and 85; Title V J of th e Civ il Rights Act of 1964, Titl e V IIJ of thu Civil Ri 3hts Ac t of' 196 ; Sec tio ns I 04(b) 111 ,; I 09 of 1he Hou sin g and Comrn umt y Dcvcl opmunt A ct c · 19 74; Fair hous in g rccul ations es tabl ished in the Fair Housing Act, Pub lic Law •. -28 4, and Exec uti ve Orde r 1 1063; ~ec ti on 504 nf the Rcha hil ita :ion Act of 1973; Asbestos gu id eli nes ::s lab\i;hcd in C PD Notice 90-44; The Energy ?oli cy and Co nserva uon Act (Pu blic Law 9 4-163) and 24 CFR Part 39 . Equa l employment op portunity :md mi nority bu !ii nuss L:ntcrp ri sc rCb'll lations establi shed 111 24 C FR pan 570.004, Sec tion 3 of the Ho using and Ur ban Dcv eiopm e111 Ac l of 19 68; ~u11 -J isc1 i111 i11a l1u 11 in cmp luymcnl. cs tab lis \1<.:<l by Exc~ut.vc 01 d t 1 11 246. Lead Based Pain t regul at ions esta rh shccl in 24 C FR Parts 35 an d 57 0.608; 14 . Au dit requirements c;tlbli shed in 0M B Circul ar A-133; and 15. Cost prin cipl es esta bli sh ed in 0MB Circul al's A-87 en d A-122. 16 Co nflic t o f Interest : (a) App li cab ili ty. In the proc r=in cnt of property an d serv ices by parti ci paung jurisdic ti on, State recipients, and sub rec ipicnl s , the co nfli ct of mt crcsl pro vi sion 1n 24 CF R 85 .36 and 24 CFR 84 .12 , respec tively , appl y. In al l cases not govern ed by 24 CFR 85.36 and 24 CFR 84.42, the pro vis ion s of thi s secti on app ly . (b) Co nfl icts pro hibi ted. Nn person s de scribed in paragrn ph (c) of this section who cxt:rcisc; or who have cx :::rcis ed any fJ nct ions o:-rcs ponsibiiit ics wi lh rcspc:t to activi ti es assisted with COB O fi.tn ds or who are 111 a pos 111o n to pa,-1pa lc in a decision makin g process o r ga in in side info rma tion v .. i Lh regard to thc ~c act i vi ti es, may ob tain a fin ,:nciru interes t or benefi t from a CDBG -assis tcd ac 11 vity, or ha ve at. i nt eres t i n ;my co 1trnc t, s11h co nlTn ct nr agrccmcn l wJth rc"peet thereto, or lh c p1 occeds 1hc1e under, c 1thc1 for thc m,c lvcs or those with who m they ha ve famil y or bu si ness tics. dun ng th eir tenure or fo r one year therea fter. (c) Pcr.iO ll 3 covered. ·n,c conflict of intere st .,r:,v is10 n$ of paragraph (b) of thi s sect inr, ap pl y to any ;,crso n wh o 1s an cm?loyec , age nt, cons ultant, office r or elec ted of:ic ia l or app oi nt ed o ffi cial of the parti ci pini nej11 risrli ci i<i n, Sta te reci pi en t, nr s uhr cc i:)ic nt which arc .-c,ci vu 1g COB O fu 11ds . (d) Exception s: Thres hold requ ire ment.;. Upon the writt en reques t 01 the part1 c1p11111g juri sdi cti on, I-I UD may gr ant an exception to th e prov'.s ions of paragraph (o) oi thi s sccuo n on a casc-by -ca~e basis when it de tcnnin es th 1t the excep ,inn will s~r,c to furt her the purpo;e of th e DBO ln ves;ment PHTlnc:s lti p Program and the e ffec tive and efiicient admini stratio n of Ute par,ic ip ati11 g juri sdi ction 's prui;ram or proj ec t. An ex cepti on may be co nsi dered on ly after the participating j uns dietion has prov ided the fo ll ow in g: (I) A discl os ure o t th e na ture of th e conflt et, ae corn pa111ed by an assu ran ce th al there has been pu bli c di scl os ure of the con flt ct an d a description o f how the publi c di sclos ure was made ; and (2) An opi nion of th e pa11i c:pati ng juri sct icti on's or State rec ipi en t's att orney th at the 11\lert:st fo 1 wh ich the exe mpti on is so ugh t would no t vio lat e State or local law . tc) Fn ctor:; to l>c co nsid ered fo r ex empti on. ln dctc nnirnn g w he ther lo gram :i re qu~sted exce?t to n after th e parti ctpltmg jurisdicti or. has sa ti sfactori ly met the requi rcrn e~t s o f paragrap h (d) of thi s sec tion, I-I UD will consider thr rumu lativ e e'Tect of the fo ll owmg factor s, where app lic ab le: (I ) Whr,t hcr •~c exce p1i on woul d provide a sii nift cam cost .J cnefi t or nn essc ut i"I Jegiec of ex pc111se to the program or proj cc. wh ich wo uld olhc,w isc ,1o t be ava ilab le; (2) Whether the person affec ted is a member of a group or class of low tncotne pe rso ns int ended to be the ben efic iarie s of th e assis ted acnv it y 2nd the excepti on will permit such pe rson 10 receiv e generally th e smne intt :res ts or bcne filS tl!i arc be ing mmJ·· avii iL.1 l>lc ur pn.ivitlc:.d tu tl1 1.: grou p ur class, • • • • • • (3) Whethe:-the affected person has withdrawn from his or hr· fun ction s or re sponsi bilities, or the decis ion making process wit.h 1cspcct ll, tht.! spLa.:1 ri<.: as51s 1od acti vity m quest ion; (/4 ) Wh cthc : :h e interest or benefit was prcs cr,. befo re th e afTcctcd person was in a po si ~eo n llS desc1ibcd m paragraph (c) ufU,i s scc\lo n; (5) Whe th er undu e harJship will res ult ei th er to the part icipating jurisd icti on or th e perso n nfTected whe n weighed against tht: publi c in teres t served by avoid in g the pro hib ited co nfl ict; and /6) An y other releva nt con51clera 1i ons. (I) Owners and De ve lopers. (I ) No ow ner, ,!evelo per or sp nso r of a proje ct a~s is:c<l with CD!3 G 0 md s (or of 1cer, emp loyee, e[:c nt, elected or appointed official or co ns ult ant of th e owner, developer or spo nsor) whethe r pri vat e, for-profi t or non-profit (i nclud in g a com nrn uty housing development organiz at ion lCH DO) when nct i1 ~g ns un owner, developer or sponso r) mr1y occ upy a CDBG•u~~i~tctl affo rda ble t:ousing uni1 in a proje :t This provis ion docs not appl y 10 an ind1v 1dua l who rece iv es CDBG fund s to acquire or rc hab ihta te his or her pnn ci pal rc.s id ence or to an employee or agent of tile ow ner or deve loper of a rent al hous ing p1ojC\..t who occu pit;S '1 huus in g um t as th e project mana ge r or mainicnancc worker. (2) Ex ce ptio ns. Upon wn tte n request of a housi ng owner or developer, tl1e part.ic,pat in g jurisdicti on (o r Sta te reci pient , if authorize d by tl1c tal c parti cipating junsd1ct ion) may grant m exception to :r~ prov 1s1ons of paragraph (f) (J) o f •lm section on n c 1Se-by-cose baSIS when it dete r.m ines that th e exce pli on will serve to furth( r the purp ose of th•! CDB G pro1,"Tarn and the effe;tive and etlicient adrnin i ;(r atio n of the owrcr's or devel oper's CDJ.lU-ass1s 1ed proJecl. In dctenninmg whe the r to grant a reque sted cxccpt10n, the pan.icipa 1in g juri sdiction shall co usi dc, tJ 1e fu ll owing factors . (i)Whctl1c r the person rec,•1v i11 g the bene fi t is a mem ber of a p/oup or class of low-income persons intend ed to be the bene fi ciari es of the assisted housing, and the exce ption will perrni t such person to rece ive gcnernll y the same int eresLI or benefi ts as arc bein g made ava ilabl e or ;xovi dc to the gro up or class; (i i)Wlwthc-r the person ha s withdrawn from his or her function$ or responsih ilit ics , or the dcc 1s1on making process with res pect to Li .~ speci fi c ass isted ho usi ng in ques tion; (ii i) \\.hethcr th •, 1c11an1 p1otec1'u n 1cqu irc111e11ts uf Sc<.;. 92.25i arc be in g obs<ncd ; (1v) Wnc th cr the affinmt1ve ma,r.eting requirements of Sec. 9?..351 arc be ing observed an d fo ll owed ; and (v) Any other factor relevant to the partmpating JU nsd1ct1o n's detcrn1ina 1ion, including 1he tim ing of the req uested exception . Addrno nall y, in acco rdance with 2< CF R Pa it 57 0, 110 e11 1pl oy cc, offici al , age nt or co n.;u ltant of the SubGra nt ee shal l exerc ise any fu nction or resp ons ibi li ty in whic h a confl ict of interes t, rcn l or npp~re11t, wou id arise . 17 . The SubG 1•11 tce cannot engage m a federal ly fund ed co ntract wi th any entit y rcg is ·.c rcd m the Lists of Parties Exc lu ced From Federa l Pro:urement or Nonprnc:ur cmc nt Pror,,rams . 13 . No n-Ap propria tion s Clou se ·11,c S ubGraa tcc agrees tha t it will includ e in every cc ntr acl it ente rs, wh ich relics upon ~n RG mo ni es for fundin g, ~ no n-app ropri11Lio11 dausc tha t will p1otcct it.se lf, and tJ1e Cou nt y fro .n ;u,y liabili ty or respons ib il ity or any su it which might remit from the d1 scc nt;nuancc ofClJl:l U fu nding for any reason . Be cause thi s SubGrantec 1\grr.erncnt in vo lves fund s fm m a federa l gnui t, to the t:X l t;lll Lhcrc !S d cu11fli c1 the fundi ng provis ions o f thi s SubGrn nl cc A greement, the fcdcrnl grant and the federa l sta tut es ccmro l rat her than the prnv ,sio ns of Sccuoi, 24 -9 1 · 1 03 6, C.R.S . wi th regard 10 any pu bl ic worl<. :1rnjc cts C. Ex pe ndi tu re Rest ri cti ons All CD BG fu nd~ bat arc approv e'(\ J)' HUD fo r expendirure unde r the County's grHn l agrec1r,en t, in cludi ng !:hose that arc 1dcn 1ifk<l fur Uic Su uGrru 11 cc's Projects and a tivi ties, shall be al located 10 • th e specific pro jec ts and act'vit ies desc ri bed an d listed m U1 : gran t agrcc mmts. Th e all ocated fund s • shall be used and expended onl y fo r the projec ts and nr.tiv ities fo r which the fund s arc identified . D. Ag r ee ment C hanges No ?rojects or ac ti vi ties , nor the am ount all ocated therefore , may be changed with out ap prova l by the Co unty an d accep tan:e of the revise d Final Sta teme nt and/or Co nso li<l atc<l Pla n l,y HUD, if requi,ect Changes must be rcq ucsl ed in wri ting and ma:i no t begi n until a modifica:io n to thi s Agrcc ,n cnt is fu ll y exec ut ed. E. Dircc l Projec l S uper vision :uni Achni nistr ati o11 Tne SubGrantcc shall bt: rc :;ponsil>lt for Lh ~ direct ~upt:rv1sion and 11<l1m nisLra ti on of its respec tive projects or activ iti es. Th is task shall be acco mp lished Uuocgh the use of the Sub Urantee's s~1 ff, agenc y and cmp lo}ecs. ·nie SubGrantcc sha ll be responsible for any inJury tn persons nr dam age lo property resu lt ing fru111 the 1u.:~ligt'1ll m.:Ls ur c1101s nnd nm iss ions of its stall: age nts and em ployees. Because th e SubGrantce is respo1tsil,le for the dir ect supcrv1S1on and ad mm,s tra ti on of its projects or act,vaies, the Cou ni y shlll not be liable or rcs r or,ib ie fo e co st o,emms by the SubGran tec on any pn.,_11.:cl s lll activ ;tics. 1·1,e Cou nt)' shall have no dcty or oblign.ti on to provide any oddiLio naJ fu nd ing to the SubGran tcc ,r 11s proJCC IS or acll v1t 1cs canno t be com pl eted wiU, th e fo nd s all ocated by fr..: Co11aty to 1he Su h(;rn111re Any cosi ovcmi,;s shall be the so le responsib ility of the Sub Grantcc . • • • • I. Til t: Su bGrantcc ai;rces Uta t all fe nds all ocated to it fat approv ed prOJ CCts or activ ities sh nll be used so lc'y fo r the purp oses approsed by th e Cow1ty. Said fun ds shal ! not be used for an y non-appro ved pu rposes . 2. 171c S~bG,antcc ag,ccs that the fun ds nl located for any ap proved proj ccLs or activ ities sha ll he s11 f1ic1cnt to co mplete ·.ai d proj ec ts or activ ities withou t any add it ion al C DB G fu nd inc. F. l11 dc 11 u1 ity To th e ex tent al lowed hy law, the SubGra nt cc shall i,~d em mfy an d hold r.a rm less th e Count y and it s elec ted and ap po io ted offi cials , office rs, emp loyees and ag en ts fro m an d aga inst any and all losses, dam ages, liab ilities, claims 1 suits, Jcl imt'i or costs, including att orn eys foes, m ade, nss cr1 cd or incu'Tc<l as a ccsult of any damage or a lcgcd dam ag~ to perso n or pro pcn y oceasio ncJ by th e acts or omiss ions of SubGrante c, its office rs, em ployees , agents. co ntr ac tors or subco ntractors, arisi ng o ut of or 10 any way co nne cted witl1 the P;ojcct or th e performance of th is coo tra ct. C . Rnndi ng and l ni:u r:rn c r !f the SubGran te c's projects involve cons truct ion activities, any Co ntra ctor it uses fo r sa id ac t1va1cs shull b~ re4ui rc<l tu p1 ovi dc and uta illl ain, unti l fi na l accep tance by the SubGrant cc o f uli wo rk by such lonlr:lctnr, 1hc kind s and minimwn amou nts of insura nce as fo ll ows: I. Comp,chcnsive General Li abili ty: In U1 e am ount of no t less th an $1,000 ,0 00 co mbin ed ~i11 gle limit. Cove ra ge to inclu de : Premises Opera tions b. Products/Com pleted Opera ti ons c. Broad Form Co ntra ctual Li abili ty d. Ind ep en dent Con tracturs c. Broad Fo rm Prop ert y Da mage r. Em pl oyees as Ad diu rnal In sured g. Pers ona l Injur y h. Arapahoe County aJ1 d th e SubGrant~e as AJd1tiu 11 al Namw lu surul 1. Waiver of SL•broga t,o n 2. Co mprehensive Au tomobile l,iab ili1y : In the am ou11t of not less than $ I ,000 ,000 co mbin ed si ngle limi t for bod il y inj ury and prop erty dan1agc . Covera g~ 10 inclu de: 1. n. Arapahoe Co unty an d the SubGrantce as add it ional Na med Insu red b. Waive r of Subrogation Em ployers L1a b1lt 1y and Workers Co m pe nsa ll on: ·1 he Contra ct or shall secu re and maintai n employer's liab ilit y nncl Worker's Co mpcn sat ,on Insurance th at will pro tect it agai nst any and all clai ms rcs ul tmg fiom ir.j ures to and dea th of wo rk ers engaged in wo rk u11dc r any co ntra ct fu nded pursuant to this agreeme nt. Coverage 10 mcl ud c Waiver ofSu brogat1011 . 4. All referenced insura nce po li cies and/o r cen ifi cates of in surance sha!I be subject to Lh c fo ll ow ing stipulo tions: a. Unde1writcrs shall h:tve no ri ghts of recovery sub rogation aga in st Arnpuhcc Cou nty or the SubGrant cc: it being th e ;ntc at of the part ies tha t the insurance po li cies so effected shull protec t the parties and be primory cove rage fo r any and all los ses cove red by Ll 1e <l cscrilml i11surn 11ce. b. Th e clause enti tle d "Other lns urnnc~ Prov isions" conta in ed 111 any poli cy inc lud ing Ara pahoe Cou nty as an ad ditiona l nam ed i11s11rcd shall not ap pl y tu A1upaho1.: Cou11l )'i or th e SubGiau tee. c. TI,c ias uran ce co mpames iss uing the po licy or ?Qlici cs sha ll huve no re:oursr again st Arnpoh r e County, or the Sub\lrr1nlct fr-r pr1yrncnt o f any µ!c miu111s due or fo r an y assessm ents un der any fo m, ofan) policy. d. Any and al l dcduct1blcs contained in any in su rance policy shall be a..ssu mcd by ;mri at th e sole risk nf th!! Cn11trnct or 5. · ,f!rtl ticatc of In surance . The Co ntractor sha ll not co mmence wor k under any cont ract fun ded pursuan t to tl·.is ,\ <;reement un til he has subm itted to the 'i ubGrantcc, received app rov11I thereof, cert ificates 0f msura.a ce showing tha t he has co mp lied with the forego ing in surance req uire men ts. The Sub Gran tec sha!I also submit a copy of the Contr acto r's certificates of ins urance to the Cou nt y. 6. Notwi th stan ding the pro visions co nt ain ed in this paragraph (G) se t fo nh hcre inabove . :he Coun ty re serves th e right to modify or waive said provis ions fo r projects or act ivities fo r whi ch these provi sio ns wou ld prove prohi bi tive. n ,e Sub Gramee un derstands, however, that th e decision to wuivc or rn u<li fy th usc prov ision, is fully withi n th e disc retion of the Co un:y. In accordance wi th 24 CFR parts ~,1 and 85 , lhe fo ll owing bondi ng re quireme nts sha ll uµµI; to all proJects exceed mg the simplified acq c1isi tion thre sho ld (current ly S I 00,00 0): I . A hid 1,,uarantec fr om each bi clclcr cq ui ve lcnt to 5% of th e bid µrice; 2. A pcrfomiar,ce bond on the pan of the comrnctor fo r 100% of th e co ntract price , and 3. A payme nt bo nri on the par: of the contracto r for I 00% of the con tract price . LI . Re,·urd s ·111 c ~u bGrantcc sha ll rnain tain a complete set of books and rcco rc !s documen1 111g it~ ,,s c of CDl3G fu nJ s and its supervision and ad r.1 ini stra t10 n of the Project. Reco rds arc to in clut." J ,-cumcn lali on verifyi ng Pr oject cligibilily an d na tl onn l objective comp li an ce 1 as well as finan cial and other ad mini strative aspects in vo lved in : ;rfo m ,ing the Project. l11e SubGrarnce shall pro vid e full acce ss to tl1esc boo ks and records to t~e County, the Secretary of HUD or hi s ci csignce , the O f1ice • • of Inspector General, and the Gcner:il Acco unti ng Office so tbt comp liance with reci cr al la ws ar.d • regulati ns may be confi rmed The SubGrantcc further agrees to prov ide to Ult Cu u1 ,ty upu11 rcq11c,t , a copy o f any au dit report s pcnaimng to the ubGra..atcc's financial opcra uons during the • • • tem1 o f thi s Agreemen! All re co rd s pcrt n1ning to th e 0roj e;ct ere to he nrnin ta meci for ;i minimum of ri ve. years follm,i ng c los e-out of the ProJect. I. Repo rtin g Th e S ubGramcc shall file al l rep ort s and othe r in fo nnation necessary lo comp ly wi th applicab le Fede ral law s and regula ti on s as required by th e Co unt y antl HUD. Tn1s sha ll inc lu d,· ?ru,-111'11g tu •he County th e infonnati on necessary to co mp le te annual PcrfoTTnancc Report s in a ,ime ly fashi on. J. Tim elin ess The SubG rantcc sha ll co mply wiU1 U1e month ly pcr foTTnancc s:and ards esta bli shed in Section 11-C o f this Agreeme nt. The SubGrant ee und erstan ds tha t fail ure to co mp ly with th e es tabli shc,I standards may lt:ad tu u t:m1t.:dlati un ufthe Proj t.:t:t iml e losJ uf all w1cxpi:;111Jccl fu 11 Us. K. Rei mb urse ment fo r Ex penses The SubG runtcc agrees th a: be for e the County can di stri bu te any C DBG fund s to it, th e SubG r:tn tcc must submit to the Count y's [·lousing iL1d Co mmunity Dev elop ment Serv ices Di vis ion do cumen tat ion in the fo rm requi red by that Div ision which properly and fully ide ntifie s the amou nt whi ch the Sub Granlce is requesting at tha l time . ·n,c Cuu nly ;hal l lrnvt: le11 (10) wur k.i,1 g day; to revi ew th e request. I Jpnn appm va l of the request, th e Co un ty will di stribute the req ue sted fun ds lo the SubGrantec as soo n as po ss ibl e. L. Program In co m e !\II pro gra:11 income d'rcc tly derive d fr om the Ara pahoe Cou nty Co mmunity Deve lopm ent Block Grant Program recei ve d by the SubGra nt ee will be reta in ed by the SubGrantee a.nu will b~ di sper sed fo r irs app roved CDBG Proj ec t activ ities befor e ad di tional CDBG fo nd s arc rcq11 es 1ed from the Co unty . Fol lowing co mp !e1 ion of th e SubGr antcc's Arapahoe County CDBG Pr oj ects , al l program income directl y generated from th e use of CDBG fund s wi ll be remitted lo the County. M. Rea l Pro per ty Real propcny acquired in whol e or in part with CIJl:!U fund s shall be utihzec 111 accordan ce wi th th e sco pe and go als iden tifi ed in Se cti ons I and 11 or th is At;rccmen t. Should the pro perty in qu es tion be so ld or oth erwise di sposed of, or the approved pro perty usa ge di scontimtcd , tl1c Su bGruntec shall adh ere 10 the requirements of21 CFR Pan s 84 or 85 (as appli cab le) regardi ng th e use and dis po si tion of real pro perly . N. Sta te and Cou nty Law Co m pli an ce All res ponsi bi lities o f the Sub Grant cc cnu111c·a1cd herei n sha ll be subJCC I to ap pli cable State statutes and County ordinances. reso luu ons, rule,, and regula tions. o . Su bcon tru e ts If s ubco nLracts are used on the Proj ~c:, the Sub Grnn tec agree s tha t the pcov 1s1ons of thi s Agreement shall apply to un y subrnntract P. .Su spe nsion or Terminati on Thi s Agrct:mcn t may he imme dia tely suspe nded or tennmatcd upon wri nc n nntificnt ion fi nrn the Cou nty 1f the SubG rai,t.·c mulc 1ially fruls lo comp ly wi any tcnn of th is Agreemen t. TI1 is Ag , eemc m may also be :•annmatcd for co nvenience by mutua l ~grec mcn t of the C: unt y and the Su b Gran tce IJ. In the event that th e Unit o f Genera l Luca! Govcrna 1c11 t s1,ou l<l .vith<l,a w J c Cou nty's "Urban Co unty" designation, th is Agree ment shall tennir,ate as of the tcrrm n;•'11 n ,'.½me of tl1e Coun ty's C D13G ·u-ant Ag ree ment 1Vi ':1 HUD R. The SubG ram ee ccru f1es that 10 the best of 1L1 know ledge an d beli~f: I. No Fede ra l oppropnatcd fu nd s have been pa id or will be aid, by or on behalf of it, to any person for ii iflu enc:n g or attempting, lu 111Llu1::11ce an officer or cmpl o. ·,;c o f • any agency, a Memb er of Congress , an o fliccr or cmpl yec o f Co ngr ess, or an employee o f a Member of Con grt!ss in con ncc1i nn w it h rhe awarci ing o f any Fed ern l • co 11u act , th e mabng of any Federal grunt , the mak ing of any Fcdcrnl loan, tlie entering inlo of any coopera tiv e agreement, and tbe exte nsion, continuation , ren ewal, am end ment , or modifica tion of any Federal co ntract, gram , loan, or coo pera tive c.grccmcnt; nnd , 2. If any fund s other than Federal appropriated funds have been paid or wi ll be paid to any per on for i:ifluenc ing or attempting to in flu en ce an officer or employee of any agency, n Mem ber of Co ngress, ,ui ofli ccr or cmployco of Congress, or an emp loyee c,f a Mem:ier of Co ngress in connccuon wnh tl1i s Federal co ntra ct, gram , loan, c,r coo perati ve agreement, it will com p lete and subm it Standard Fonn-L LL, 11 Disclo sure Fonn w Rep ort Lobbyrng/1 111 acet. ·d an ce wi th it s ins tru cti o ns S, Di sa ll owa 11 cc If it is detcnn int:<l by I IUD 01 utlu:r (i::Jera l agency that the expe ndi tur e, in who!C' or in purt , for the Sub Gnullce's Proj ect or acuvny was unp rope r, mappropnate or in elig1olc fo r reimbursement, then the Su bG ranl cc sha ll re imb urse th e Co unty 10 the full ex tent ofU,c d1sa ll owance . T . Yc rili c~ti on or Lawful Pres ence ·n,c SubGrm11ee shall be re:;po nsiblc for ensuring co m ph ancc wi th C.R .S . Sec ho,. 24-76 5-103 by verifymg the la wful pre sence of lll perso ns c1gh tc:c n yea,; of age 01 olde c who apµly fo : any • benefi ts fun ded i11 whole or in pan by th e gran t fu nds tha: arc the sub;ecl of thi s Agree:nent. • • • I V. SubGrantcc sha ll verify lawful presence m th e manner req uir ed cy the s1a1u1 c, and shall provide proof of co mp linnc.e up:-n th e request of the County . RF.S PONS IIJlLITl E OF T HE CO lJNTY A. Adm..ini strati v.: Co 11 1ro l The Par1ie s recognize and und erstan d that the Co unt y will be the governmen tal cntiry requir ed to cx ec uw all grant agrceme:1ts received from HUD pursuant 10 the Co untys req uests for CUBG funds. /\cco rdin gl y1 the SubGrantee agreer. th a: as to its proj ects or act i vit ies p erfom1ed or conduc ted und er aw CDBG agr e,,11 e111 , th e County shall have the aecessary admim strnllvc co ntrol required to meet H D req uirements . 13 . Per fnrrn anrr. :m cl C ompli a11 rr l\ll onil ori11 g The Cou nt y's admi nist rati ve obligmi oios to th e Sub(irao ce pur,uar.t to paragrnp h A ab ove sh all be li mi 1ed to the pcr fon nncc of the adm ,ni stram·c tasks necc,;s ary 10 make CDBG fund s availab le to the SubGrantc': and 10 provi de lfousing and Co mmumty Deve lopment Scrv(c:s st aff wh ose jo b ,t will be to monitor t~c variou s proje c:s funded with CDGG mon:es to moni tor co m phance with appli ca bl e Fed crn l l;,w s and reg ulations . C. Reportin g to HUD Th e Count y w,l! be responsib le for seeing that nil necess ary rep ort s and informati on re q uired of the County are fi led witi1 HU D and othe r appl icable Federal . gc nci es in a time ly fa shion . V. EXTEN T OFTll ls AGREEMENT Tins agreement , in cluding an y doc uments attached as exhibit s whi ch are hereb y incorpo rated herein by refere nce, re-p resents the entire and integrated agreement between the Co unty , a!'d SubGrantce and sup e1sedcs all p1 ior ncgoti auons, rcprcscn tauo ns or a,brrcc..-rnc nts, ci t.h er writt en or oral. An y amcn c'ments 10 thi s agreemen t mus t be in writing and signed by bo th the Co unty, an d Su bGrantce . lf any ponion of th is agreeme nt 1s fou nd by a co un of co mpeten t Jll ri sdi ct ion to he void and /or u1,c nfo rcea bl c, 11 1s the 111 1cnt o ' the panics Iha: the remaining porti ons o f 1h i5 ag reement sha ll be of full fo rce a11d cfTc cl. Y l. NO TI CES Nn1i rc.s 10 h•; prov 1rl r,l 11nn cr 1hi s Ag ree ment shall he eiv cn in writing and either dclivt:rcd by hand Jr dcpos1 1cd in the Un ited S'"if'S ma il with suf!i ci ea t posta ge to the add re sses set forth · To th e Co un ty: Arapaho e Count y Att orney 5334 S. Prin ce Stree t Lrn leton , CO 8016 6 13 and Arapahoe Co un ty 1-lo~sing an c Comm uni ty Devclopmcn 1 Service.s I 690 W. Li ttleton Blvd., #300 L11Ll~1on, CO 80 120-2069 To the SubGranlcc: City o f Engle wood I 000 Eng lewood P arkway Englc·,vood, CO 80 1 10 • • • • • • l.n \Vn ncss \.Vhcr eof, Lhe Pa 1i1 es h:ive ca use d th is Agrcc mcn : to be c:11ly execu1 ed this ______ day of _____________ ,201 I. S ubGrantee: City or Eng lewood Signature .:;am~s K. Woodward Mayer T itle Bo ard of Coun ty Co mmi ss ioocrs Arapahoe Co um y, Co lorado Don i<.lemmc on beha lf of th e 13oard o f Coun ty Con 11ni ss io11er; Pu rs uant to Resol uti on Ill IO I /43 • PHOJE CT BU DGET COLUMN A C OLUMN ll COLUfl,lN C COLUMN D 7 l'ro jccl Al{l\'ll ic, Es1i nm1rd To1 nl Cos1 or C OUG Furuls Othu J-'1111 1h Co mmiu rd (~p~rH~ hy liuc hc:ru) MliVit)' P!llJ CCI 111\11, 1m11 n ho11 inr.lu,lrnn $44 ,'}()() \:D,000 n1.,oo J)CJ'50U1)CtCSl.S . CJ<..I :fa.std l'ninl 1e:1Ulg co<;ts, nml E.1ei y llud11u,u:. ionml~ fm l=J1MCY Ff(1r101r) \140,()1)') l l l?.000 t7.ll ,OJO ------... • -----·--.J • T OTAL; Sl 8'1,200 S!2S,OO O 159,200 • • • I. Pu rpo se ENERGY EFF IC I ENT ENGLEWOOD (E') l'rogr;11n Guid elin es Th e intent of the p101cc t is to irnp rove th e ener ~y and wa ter effi ciency of owner-occupied Eng lewood horne1 wi:h a focus on items that are Ene rgy Sta r ra ted and/or qual ify fo r fede ra l tax credi ts o r any o the r state o r loca l reba te programs rf ava il ab le, rncl udi ng l,u t no t lrm rt ed to .1p pli .1nr c~, furn aces, w.1 ter he;1 Ien, win dows, doors, ~kyligh rs, insul ation, roo fin g, evapo,ati ve cooler s, in sulate d sid ing, etc. Gra nt fu nds may be used !o corr ec t iden tifie d em in enl hazards and/or o th er heal 1h an d sa fety issues w hi ch arc needed to ensure ,he energy effi cie ncy o f th e home. A maxirn111n o f $1l,OOO is cran1 cd per hous eho ld and req 1rr res ,1 20% mat ch fr o rn the ho111eowne r. If th,:, homeowner doer; n0 1 h;wP th e rPri ui red m rt l rh, lh Pn thP er.:\n l wil l he secur ed by a de :lini nc Deed of Trust recorded on lhe pmper ty w hi ch w il. b e fo rgiven over a 48-rnorr lh peri od. II. Proced ures 1. Letl~r wi 1h J'Jµli rn trc,11 a11u ,\ff clav i1 o f Re:ricicncy m ai lf d to homeown er reques 11 ng fo ll nw11)B doc urnen tat1 on: • Income vcri ft ca1 io 11 for all ho useho ld members ove r 1 B (P.g. two curren t wage stubs, curr ent 10 110 !nc.o me Tax forms . JWi!rd le tt ers frorr Socia l Sec urity, VA, Workers Compensalion, 55 1, OAP, etc.; • Bank stalernen l s for 1he p rC'vious 1wo mon ths. • D eed o f Trus l, W;rrr a11 1y Deed, Qui l Claim Deed showing cu rrc1 1 own er sh ip • Curr en t h0mcowner1s insurance po licy show in g cove ra ge • Curren ! pr o perly l ax slal erncn l frorn A rapahoe Co un1 y • Divo rce parers ver ify ing 1he amou n l of chi ld su ppo rl o r alimony being rece ived (i f applicable) 2. Sche dule int e rvi ew w ith hornpow ner 3. A l 11 11erview obtain sign ed ,1pplrca 1i o n, Affid avi1 o f Resi d ency, and driver's li ce n se for al l per so ns 18 and older lrvr ne rn 1hc ho rn c . Provide homeowner w 11h "Rcnoval e l{ich t Im por tant Lead I la1 .. 1rd lnfo rrna 1io 11 '' and obtain homeowne r signat u re th.i t book let ,,vas received. If a mat ch is req u ired and horneowner does no l have fund s for lh e rn a 1ch, offe r hom eowner " decli ni ng Deed of Tru sl 1ero1d ed on the pro pen v w hr c h w ill be fo rgi ven ove r a 40-m on th period If a declini ng DeeJ o f Tru st is reco rded aga in st th e prope rty, app lic ant sha ll be instru c.:t€ld 10 re turn any received reb ates to the Ci ty o f Eng lewood. Reb a1 c fund s rccei, ,u b1• the City of l:nglewood shall be Program Income. '1 . Once inLon1e eli gi bilily b Lh::ter111 111ed, 111 ,i:I hutn1.:.•uw 11 ~r lc ll er informing them of accep tance in to the pr oe ,am . Direc t th em to obtai n Xce l energy Blo"'er Door Aud it. A11d it may he rr.irn bu rt;e rl 10 homeownPr or paid rlirrr tl y tn Xc-PI . Xce l invoi ce showine .:iudit i~ required for di rec t p ;1y mcn :. Xcel invoi ce showing audit and proof of payment by ho meowne r is req uire d for reimbu rs ing homc ov, ner. 5. onta ct Ara~ahoe C0u nty We,1 theri1a11 0 n l o determi ne if ap::i li can1 has rece ived previou s we,1 1h eri za ti on services Jnd it ems cornJc led . If elic 1I -l e, refe r app li can t 10 ArarJd hot.: Coun ty V\/ca1/1enl.11 io11 p,og rJ.111. 7. Ln e,gy /\uuit is used as a general g111r1e io, work 10 be completed 10 mak e 1',c ho me more e1 ,e, r,y and \\a ler efficie nt 8. If an iss ue is disc overed that nee d s to ::>c res olved ;>rior lo p1 t1 \iding Energy !.ff1cicncy ~t!rviLL:), ~u d, dS Uu 1 n o t li111i1 eJ lu r1~u riL,1I !1d 1tt11h u, µlu111bing or roof lea ks fund s may be used lo co rr ec t the iss u~ befo re proceedi ng wrth approved work it ems . 9. H omeowner ~e lec ts co m pan}/i11 div 1dual lo cond uct w or k or pur chase material s • Comoa ny na n'e and/or Individu al name is ma tr hecl agains t th e Fe d er al Exc lu cle cl Part y • I isl System to in su re eli gi bil ity to rec ei·,e fed eral fu ncs . Th,s is co mpl eted be fore any work be ci11s . Once dcr1rcd the homeow ner is ,~st ru ctcd to proceed and to e nsur e appropriate permi t s are obta ined, if requi red, by the Engl ewoo d Ou ,lding and Sa fety -D1 vis1on. l 0 . Payment may be m.1de ei the r direc tly to ho meowner, upo n 1ece ip t of paid lnvo1 ccs, or p...iiU di,ecl ly tu Lo n1 µ,111 y/i11 Uiv iU udl ReirnUur serncnt is 80% of the :otal ,nvo ,cc w en a 20% mat ch is required. Copies of checks and invcrces are placed in fil e. 1 1. ll ems w iil mcc1 or exceed ene rgy standa rd r. !;e t io rt h .:ii v •-. .. ~,-\.ene rgy!'..ltH gov . 12 Upon cu1 11 plc 1iun o f all work, Onal lea d based clea rance test 11 perform ed by ,1 ccad Based Pa rnt Certified co ntr ac lor. • • • • Le ad -Ba sed Pa int Poli cy Applica nt s with prope rties cons truc ted within the City of Englewood prior to 1978 will receive the booklet "Re nov at e RiGht ". Thi s bo okle t detai ls Lead-B ased pain t ha zard s and what to exo ect from th eir con t rac tor . At 1he back o f the booklet Is a c~n firmalla n si gn1Hu re page that the ap plica nt m ust sign s ta t ine t ha t they have rece ived a cop y of the boo kl e t. This signature page will be re ta in ed In e ach appli can t's fil e. Th e Housing Cons tr uct ion Specia list (HCS) w ill pe r ro rm a lead-b ased µa In t eva luat ion p rior t o any w o rk starting . If lead-base d paint iss ues are fo un d, th e HCS will dete rm ine the requir ed ac ti ons a nd estima te cos t s to d etermin e w heth er l he project is sui ta ble fo r rehabilitation w ithin the cons tra ints o f the Pro gra ri . llm is require d t hro ugh t he HUD regu lations found In 24 CF R Part 35 . All fede ral an d st ate law ~ mu $\ be followed. Al l documents pcrtalnlnn to th e cv;Jluil t ion, tc~ti ne rc:;ult s on d assess m ents w ill be r et,,in ed in th e appl ican t 's file. Lan guage on application: LEAD-BASE PAINT Co ntractor certi fies th at only lea d-free pai nt will be use d. If It is determ ined th at lead-base pa int ex ists in a hanrdo u s for m o r location, Co ntractor/Owner mus t co ver al l area s in volve d with a le ad-fr ee p oint . LEAD SAFE WORK PRACTICES On all w o rk it ems n aa ged as "I nterim Co ntro ls" or as requiring "lead sa fe work pra ct ices", w o rk ers m us t use lead safe wo rk pra cti ces per 2-lCFk 35.1 350 . Th es e pr actic es are r epre sent ed in th e "Lead Sa fety f ield Gu lde" (Le ad Paint Safe ty: A Fie ld Guide for Pain ting, Home Mo inten on ce, and Ren ov ation Work) publ ishe d by HUD-177 9-LHC, M arch 2001 or any HUD-approved Lead ~ .. re W ork Practices cl ass. Work distu rbing lead -based pai nt ls not conside red com pl ete Ln til clearance, if required , is achieved. IN rrn1M CONTROL~ All pe rsons carrying out ac t iv ities fl agged as "inte rim Controls" or as re q ui red "lead :;a fc wor k practices" mus t either be supervised by an EPA abat eme nt supervisor or p rov id e proo f of co m pletio n o f HU D- aµproved worker t · ui ni r1g co w se in lea d sa fe v,ork practk:es prio r t o start o f work, Attachment .i c" Tu '.:,ul.J -Rc:c ip ic:nl A gr•:c111c1"E bc lwcc;:1 Arapah oe Cou11t > Govern me nt And Ci ty of Englewood Project Num be r EN HS 112 1 l11 e Federa l Fundi ng Accuu11tab ilny a11d Transparency ,>.ct (FFATA ) requ ires th e Office o f Mana gement and Bud ge t (0MB) In mai nt ain a s ing le, searchab le web sit e th at co ntains in fo nnati on o n all Federal spend ing award s. As part o f this, Ara pahoe Co unt y Ho us in g un d Communi ty Devel o pm en t ;s requiring all agencies tha t mee t th e fo ll ,•,ing th resho lds to ~cp ort : DUN S N1,unbc r (r e quired r eg ardle ss or th e siz e uf agc11 C) ur .JWanl) ________ _ !f yo ur agency or organiza li on : : ) had a gross income, fro m ell sou:-ccs 1 over $300 ,000 in Ag ency's pre vio us tax year,..Q!: 2) yo ur agency or or gan iz:-1ti on receive,;; more th:m RO% n f fl nnll:tl ern ss re venllcs fro:11 the Federal govt:mm cn t an d those revenues a.re greate r tha n $25 mi Iii n ai u1 ua ll y1 and J ) Your agency o r nr gan1 za1 1on 1s receivi ng an award of$25,000 o r more. and 4) co mpen sat ion inforr.tat ion of you r five to p ser,ior execu:ive s is no t avai lable t0 the genera l publi c; tilcn you mu st p rovid e the total co mp cn :sa .i on a n d names of ;1our to p rive execu tive~ below . I } N nmc, pleuc prinl 2) __________ _ N nme,p'.ett cpr int 3) ____________ _ No.me, pl~uc )lrinl Annuu lSnlu-y 4) ___ ~--------------- l\':,,mc,11lcu t 1ir1111 A 11 nu111 Snl.r!" 5) ___________ _ l'a mr,plc u ( fJ l'iu l An nu1I S1l1 r y D Please cit ed< 1his box if yu 11 <l u not mcc l any of the thres hold s 11 ot cd auov c. I ar1ijv 1J11u thr.informatinn rt portt!I! iii rl1isfon n is ,n compli.inr.r. ,.i"1h llr, Fnh, Oa."ms AN (IJ S r nrlr Co ll,uinr., tit/, J I , Suht.'1I, Ill, Clrnp ur j7, S 11 bchupu:r I f/§ J 1}9). I 11n dur.1H1d tllflt any pu son i,J,o l.n owingfy mnkt.1 n fa lst or fiuud u ft nl claim far paymtnt or tJ pr,rtH'a!, ,,r ay bt liablt to rlrt. U11 ild Stutes Go~t'mnit/11 for a cfril pt iralry a( 1101 /u s tlw11 H ,060 end ne t mart than '10,000 plu s tliru (JJ times flit am o111Jt of tlamages wliiclr flu• Go1 r.rnm e111 Sl&Stai',u, S ign a tu r e: ________________ O:ite : ____________ _ • • • • SLIBG RM,TEE P.GREEM ENT FOR ARA.PAilOE COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS SUBGRANTEF.: C IT Y OF EN G LEWOOD PROJ ECT NAME: MO USL'lG R.EH.All l l.ITATION l'ROJECT NUMBE R : ENIJS 1122 Th is Agreement is made by and 1,ctwcen U,e Board of Count y Commi ss ione rs o f th e County of Arapahoe, Sta te of Cu lu1 ad o, for th e Co mmuni ty Dev elopment Bl ock 0 rnnt Pro gram in the Comm unit ' Reso urces Departmen t (hereinafte r rcfe 1Ted to as •i ,c C')unry) ,u the City of En glew ood (hcrcmuft er referred to as the SubGran tee) fo r the co ndu ct of a Co 1l'nnm iry Developm ent Bl ock Gra nt f.CUBG) Proje ct. I. PURPO SE Th e primary objec tive o f Title I o: the I lousir.g imd Co mmuni ty l)cvc lopmeni /\ct of I 974, as am end ed, and of the Commun ity Deve lopment Block Grant (CDDG ) Program ur.dcr this Title is the dev elop ment of vi able urb,n communi ties , by pro viding decen t hous ing, a suitab le hvrn g env ironm en t and ex~a1Hhng eco nom tc oppommities, principally for low and modera te income persons . • Th e pr ject by th e Sub Gran tee known as the Housing Rcl,ab ili tau on Proje ct (Project) has been cat cgonzcd as a Si ngle Fam ily Hou s ing Rehabilita tion proJCCl and the Su bCir:trl' ee wi!I mall!t ai11 docu mentation wi th th e natio nal objecti ve of Low/Modcrutc Incom e Housing act ivities . • 11,c SubGrantee pr evi ously received CDDG funds for th e Project and is now receiving Progr am In co me fr om the Project ·n,e Co unt y agrees to allow SubGrantee to co ntinue to use th e Program In come rec£ivcd fo r the co ntinuation o f the Hous ing Rehab ilitation Proj ect. n. WORK TO HE COM !'1.11:T ED IIY THE SUBG RA.NTEii: 1i1c follow ir,g pro vis ion s outlm e the sco pe o f :he wo rk to be co mpl et ed . '!he SubGrantee will use Pro gram l11 eume to provide low int ere st loans anrVor gr an L5 to in co me eli gi ble homeo wners for health and sa fet y relate<! bo:i1 e im prove men ts . Typi cal impro vem ents m~y in cl ude (b ut rue not neces sari ly lim ited to) plumbin g, elecui cal systc1n s, roofs, and I IV AC worl:. A. Pa yment It is expres sl y agreed am\ unde rstood th ot th e tota l amount to be paid by the County under thi s co ntract shall not cx ceeti $0.00 . Payment of eligible expens es shall be made again st th e line item budgets sp ecified in th e ProJCC ' Bud ge t an d m accord anc e with pcrfonn ancc crit eri a es ta blish ed m Sec ti on 11-C. The parti es ex press ly . x ogmze th at th e SubGr antcc is to reuse Progr am ln co mc fond s gt~nerat ed fr om previ e w: yCJ:-i: COBn rch,1b loa n nc 1ivitic5, and tha t it is a: :h e di scretinn of • the Co unty le ullow re use. In addition , reuse is cor.ti ngent up on re ce ipt of s uch fund s. In the event that said funds, or any pan thereo f, arc, or becom e, unavailable, then the Co unty ma y irruned iat cly termin ate or amend thi s agreement Tn th e extcn1 C R .S. § 7.9-1-110 is appli ca hle, any fi nan ci al obl igation o f the Cou nty to tl 1c SubGrantcc beyo nd th e cu rren t fi scal year is also co ntin gent upoa adequa te fund s being appropriated, budgeted and oth r.rwi se ava1la blc . B. Timcline All Pro ject acti vities will be co mpleted by April 30, 2012 unl ess this Agreement is mod ified by mutual agree m ent o f th e County and SubGrantec, C. Performance Criteria In acco rd ance with the fundin g appli ca tion submitted by the SubGrantec for th e Prnject, the cri tmi a lis ted below are to be mot during tl1 e execution o f the Project. l . Quanti fi able Goals: The S·JbGra.1tcc wi ll prov ide four or more hum e im provement loans or giruns to in come eh g,ble Englewood hom eowners . All impro vements funded under thi s grant are to be perform ed in co mpliance witl, app li ca'J le loci~ or industry co des and stand ards. 2 . Community Jmpact: AlTuruaulc hu usmg -stabi lity and hous in g qu ali ty 3 . Quanerly Perfonnanee Standard s: September 30 20 11 : Market pr ogram , int ervi ew potcnt1al cl ients October 3 1 :W I I: Provide one (I ) rehabilitati on loan/gran t ;,tonthly Draw and Reportin g Du e by 20th November 30, 20 11 : Monthly Draw and Report in g Due hy 20 th December 31, 201 1: Prn vi cle one (I) rch nhili1 ation loa ,J granl Monthly Dra w and Re po rt ing Du e by 20th • • • • • l!!I!!!i!!Y.3 I. 20 I 2: Provide one (!) rehab ilitation lo ~n/gram Monthly Draw and Repo rting Dne by 20 th Fe bruarv29. 20 12: Montl,ly Draw ai ,d Repo rting Due by 20th March 31, 201 2: Provide one (I) reha bilitation loan/1,.,-an t Monthl y Draw and Repo rtmg Due by 20th Apri l 30, 20 12: Provide services to meet cumulat ive grant year goal of4 hou se holds served Co111plctc all rc 11ova ti o 11 s funded by projcd Sabm it final drnwd own itnd co mpl et ion repo I1 to County D. Reporting Requirement s l . Project reports will be due by th e 201h of th e fo llowin g month until the Project is co mpleted . 2 The official annual aud it and/or Financial Sta tem ents for the SubGrantec in which both revenues and expenditures fo r L~e CDBG Proj rc:s descri bed herein arc detail ed are due annually . F.. L:ih o r Standards (Davis-Racon) Project ac ti vi tie s do nm require compliance with federal lab or 'andards (Davi s-Bacon) as it is exempt (i.e ., publi c service ac tiv ity, si ngle famil y home rehabilitation , pl'rchase of matena ls, or other activ it y that has been de tennined exemp t fr om fede ral labor standards). F. t ,cnd Bas ed Paint Regulation s I f the activ ity invo lv es any constructi on, dcrn olition 1 rehabilitation , or any activ ity related to a b uilri ing, and th e buildin g was bui lt in t 978 or pri (l r, Lead Based Paint l.mv s anri Regu lation s app ly, as establ is hed in 24 CF R Parts 35 and 570.608. If the SubGrant ee does not follow and doc um ent Lead Based Paint La ws and Regulation co mpliance , th e SubGrantce will not be eligible for reimbursement. The "Protec t Yo ur Fami ly fro m Lead m Yo ur Home" pamphl et is to be provided to all hom eowners, regard !css of age ofhousmg . V~'liftcation of notificati on ,s to be maintai ned in clien t fil es . G. Enviro11111c11lal Rcvit!w Notw i1h slan din g an y provi sion o f lhis Agreement, lhe parti es here10 agree an d acknowled ge lhal thi s Agreement does not con stitu1 e a co mmitm enl of funds or site approval, and that suc h com mitm en l of fund s or app,oval m~y occur on ly upon sa1i sfactory com pleti on o f cnvi ronrn ent nl review and receipt by Arapahoe Co un ty of a release of fund s fr o:n th e U.S. Department of Housin g an d Urban Development under 24 CFR Part 58. The parties fu r.her agree that the pro vi sion o f an y fund s to the project is co nditioned on Ar ap ah oe Cc.un ty's detcnnin at idn 10 pro ceed wilh , modify, or ca nce l tJ1e proje ct based on the resu lL~ of a subsequcnl en viro nmenta l revi ew. H. Uniform Rclocution Act (UR<\) II has been dctcnnined th at no acti on und er lhc Uni fo rm Reloca1io n Ac ! (URA) is necessary. Ill. RESPONSIBILITIES OF Tl:1£ S UBGRANTE E A, Fed eral Compliuncc 'Inc SubGrant ee sh all co mpl y with all applicable fe deral law s, regul ati ons and rcq uiremcnLI, an d all pro vis ions of the gram agree ments received from the U.S. Deportment of Housi ng nr d Urb an Devel o pment (HU D) by the County. These in cl ude but arc not limited to compliance with the pro,~sions o f th e Housing and Communi ty Development Act of 197 4 ancl all rule.s , regulatio ns, !,'U idelines and circulars promulgated by the vnri ous federa l departments, ngcncic;, ndmin is trntions and commissions relating to the CDBG Program . A !i slin g of some of the applicable law s and regula ti ons are as foll ows: I . 24 CF R Part 570; 2 . 24 CFR Parts 84 and 85; 3. T itl e Vl of the Civi l Ri ghts Act of 1964; 4 . Tttle V III of th e C ivil Rights Ac t of 1968; .5 . Sections 104(b) aml 109 of th e Housing and Co mmunil y Deve lopmen t Act of 1974; 6 Fair housin g regul ations esta blished i11 the Fail Hous ing Act, Pu blic Law 90-28 4, and Excc uttvc Order 1 I 063; 7 Sec lin n 504 nf !he Rehahili 1n1ion Act of 1973; 8. Asbestos guid elines established in CPD Nu Lice 90-44. 9. The Energy Policy and Conserv ati on Ac! (Publ ic La w 94-163 ) and 24 CFR Part 39 ; 10. Eq ual em ploym ent opp ortunity and minorily busi ness t11t erprise regu lat ions es k1b li shcd in 24 CFR p1111 57 0.9 04 ; 11 . Sccl ion 3 of the Hous in g and Urban Develo pment Ac t of ! 968; 12. Non -d iscnmin all on in emp loyment , es !abl is hecl by Execu tive Order ! 1246 ; 13 . Lead Based Pain! reg ul atio ns estab li shed in 24 CFR Pans 35 an d: 1608; 14 . '\udil rt-quirca1 ,ents estab lished in 0 MB Cir cu lar A-133 : and IS . Cos! principles es tabli shed in 0MB Circ'Jiars A-87 and A-122. 16. Confli ct of ln 1r ,est: • • • • • • (a) Applicability. L~ t,e ;,rocurement of property and ,crviccs by par.icipating jurisdiction, Sl~tc recipients, and subrecipients, the con fli ct of interest provision in 24 CFR 85 .3 6 l\fld. 24 CFR 84.42, respectively, app ly . In all cases nut guvcrnc<l by 24 CFR 85 . .:16 and 24 CFR 84.42 , the provisions o f this section apply. (b) Conflicts prohi bited _-'No pers ons des cribed in paragraph (c) of thi s section who exercise or who have exercised any funclion s or respon sib ihll es with rc~-pcct lo activities assisted with CDB G funds or who are in a posi tion to part ici pat e in a decis ion maki ng process or gain inside information with regard to these ac ti vities, may obtain a financial int erest or ben efi t from a CDBG -a.ss istcd activ ity, or have an int erest in any co nt:act, subcontract or agreement with respect th ereto, m lh e proceeds there under , ei th er fo r th emselv es or those with whom they have farmly or business tics, dur.ng the ir tenu re or for one yea r th ereafter. (c) Perso ns covered. The co nfli ct of in terest prov isions ol'paragraph (b) of this sec tion app ly to any ?Crson who is an emplo yee, agent, consultan t, officer or elected official or ap pointed officia l of the participati ng jurisdiction , State rec ipient, or sub recipie nt which arc receiving Cl)l:l(j fu nd s. (d) Exceptions: Thresho ld requirement s. Upon the written request of the parti cipa1 inc juri sdiction , HUD ma y gran t an exceptio n to 1he provisions of paragraph (b) of tl1i s sec tion on a case -by-case basi s when il determines that the excep tio n will serve lo further the purpo s'; of th e CDBG Investment Partnership Program and th e effe ct ive and efficient adminis tratio n of the part icipatmg juri sd icti on's progra.'Jl or proje ct. An exceptio n may be consid ered only after lhe participating jurisdiction has provided th e fo ll owing: (1) A disclosure of the nature of the conflict, accompanied by an assurance th at th ere has been public disclosure of the con fli ct and a uescriptio n of how the publi c di sclosure was made; and (2) An opi ni on of the parti cipati ng juri sdiction's or Sta te redpienr's atto rn ey tha t the interest for which the exempti on is sough t would not violat e Sta te or local law. (e) factors to be co nsidered for exempti on. [n dct cnninin g whether to grant u requested except ion after the parti cipating jurisdiction has sa tisfacto ril y met th e rcquiremcnl, of paragraph (d) of U1i s section , HUD wi ll coru ider U,e cumul ative effect of the fo llow ing factors, where applicable: · (I) Wh ether lhe ex ce ption would prn v1rlc a signi fican t cos t benefit or an csst..-ntia l degree of expert ise to th e program or project which wo uld oth erwise not be available: (2) Whctl,cr th e perso n uffcctcd is n member of u gro up or class of low income persons int ended to be the be nefi ciaries of th e ass isted activit y aod the except ion will permit such person to rece ive gen era ll y the same in terests or ben efi ts as are bein g made avai labl e or provided to th e !alfuup ur class; (3) Wh ether the affec ted rcrso n has wit hdrawn rrom hi s or her functions or responsibi lities , or th e d ecis ion mak in g process wi th respec t to th e sp ecifi c assis tec' ac ti vity in qu es tio n; (4) Whether the interest or ben efit was present before the a.ffecled perso n was ia a posi tio n as de sc ribed in paragrap h (c) of ,h is secti on; 5 (5) Whether undu e hard shi p will resu lt eith er to tr.c ?•rticipati ngjuri sdiction or th e per so n affec ted when weighed ag ainst L1e public int erest scrv td by av oiding the prohibited conflict; and (6 ) Any other rel eva nt co nsiderations . (1) Owners c.nd Dev el oper s. (1) No owner, developer or sponso r of a proj cc: ass isted with CDBG funds (or o fficer, emplo yee , agent, elected or appo int ed official or cons "ltant of the owner, dev eloper or sponsor) whet her pri vdte , for-profi t or non-profi t (in cluding a co mmunit y housing devel op:11ent or gan ization (CHDO) when a<>ting a,; an owner , devel ope r or sponso r) rnay occ upy a CDB G-ass istcd affordable hous ing unit m a project. This provisi on does no t ap pl y to rn indi vidua l who receiv es CDBG funds to acq uir e or rehabil it 2te his or her pri ncip al resi den ce or to an emp loyee or agenl of the owner or cevclope r of a n::11tu.l ll ousi11g piojcL:t wh u UL:C upit:s a ltuusing Jnil as 01c pruj c1;l :nanagc1 ur main te nan ce worker. (2) Ex ception s. Upo n written request of a housi ng own er or developer, the participatins juri sdic:ion (o r State rec ipient, if au th orized by the St ate par ticipating juri stliC".io n) llliiY g.rn.nt tm t.:xu..:p t iu11 to th e pro vis ions of P.~ragrnph (I)(!) o: thi s scctrnn on a case -by-case basis when rt detemun es that the excepti on will serve to further the purpose of the CDBG progra,n and the effe<:tivc and efficient admini str ati on of the owner's or developer's COBO-assi sted projec:. In detenninin g whetl,e r to grant a iequ cs tcd excepti on, the parti ci pati ng j uri sdiction sha ll consider the fo ll owing fac tors : (i)Whether the perso n :eceiving the hencfit is a member of a group or class of low-ia co me perso ns intended to be the beneficiaries of the assisted housin g, and the exce pti on wil l pem1it such person to receive ge nerally the same interests or benefits as are being made avai la ble or provide tc, the group or c!ass ; (ii)Whether the person has withdrawn Crom his or her fun ctio ns or rcspmt'i ibiliti~, or tJ1c Jcci :;iu n making process witJ 1 respect to the specific assis ted housing in question; (iii) Whether th e tenant protecti on requir emen ts of Sec . 92 .253 arc being obse rve.:!; · (iv) Whether th e affirmati ve mark eti ng 1equirerne11ts uf Sec. 92 .35 1 are being observed and foll c.wed ; and (v) Any other fac tor relevant lo ihe pani ci palin g juris di ctio n's determinati on, including tl,c tim ing of the requested ex c~"jl ti on. Addnr ona ll y, 111 accordan ce with 24 CFR Pan 570, no ent?l oycc, offi cia l, ager.I or co nsu llan t of the SuhGrant ee shal l exercise any fun ctio n or responsib ilit y in whi ch a co nfl ic t of in terest, rc:a or app ar ent , wou ld ari se. 17 . The SubGrantec cannot engag e in a federally fumlcu contract wi th w,y enti ty reg istered 111 th e L1s:s or Parti es Excl ud ed From I'cdera l l'rocurem ent ur Non pro curem cnt Programs . • • • • • • R. Non-Appropriation s C:lausc ·· The SubG rant ee. agrees th at it . will ·inclu de in eve ry con tract it ente :s, whi ch relies upon CDB G monies_ fo r fund ing. a r.on -ap pro pria\ion cla use th at wi ll pro tect it se lf, ,nrt th e C:nun ty from any li ability or respo nsibilit y or an y suit ~hi ch might res ult from the di sco ntinuance of ~DB G fu nding fo r any reaso n. Be ca use th :s SubGrantce Agr ee ment in vo lves fond s fr om a fede ral grant, to the ex ten t tJ1ere is n con fli ct th e fu ndin g prov isi on s o f th is SubG ra ntee Agreement , the federal gran t and th e fed eral stat ute s co ntrol rather th an th e pro vi si ons of Se cti on 24-91 -103 .6, C.R.S . wi tl1 regard to any pu bli c work proj ccti. C. Expcndi!lirc Restrictions All CDB G funds th at ar e ap pro ved by HUD for expendi tur e und er U,c Cou nty's grunt ag rcc111 c11~ in cl udin r, those th at are irlcn tific:I fn r the Suh Cira nt cc's Proj ec ts and activities, shall be all oca ted to th e speci fi c projects and activi ti es de scri bed and li sted in the grant agreements. Th e allocated fund s shall be used and expended onl y for th e proJe :ts and acti vities fo r whi ch th e fund s are id entifi ed . D. Agreement Changes Nu projects 0 1 ac tiv ities, nv r th e amount all oca ted U1cr cforc, may be changed with o ut approv al by the Coun ty and accep tan ce of th e revis ed Fin al Statem ent and/or Co nsolid ated Plan by HUD, if req ui red . Changes mu st be reques ted in writi ng and rr ay not begin until a modific ati on to thi s Agreement is fully executed . E. Dlrrct Project Supervision and Administration TI1e Su bGran tee shall be respo nsibl e f0· th e dir ect supe rvisi on and administr ati on of its res pect ive projects o: ac tivities. Th is tas k shall be acco mp lished thr ough the use of th e SubG ra ntee's sta ff, agency and em ployees . The SubG rant ee shall be respo nsi ble fo r an y injury to perso ns or damage to pr uµcrty r"-1u lti11 g from U,c neg li gen t acts or errors and omi ss ions of its sta ff, age nts und em pl oyees . Beca use the SubGran tee is res ponsible fo r the direct supervis ion and ad mini strati on of its proj ects or activ ii-ies, tl1 e Co unty shall not be li abl e or re.;ponsib le fo r cos t ovcm:ns by the SubGran tcc on an y proje cts or act1 vit1 es . Th e Cou nty shall h.1 vc no duty or obliga ti on to pro vi de any add iti onal fun ding to L~c SubG ran tec ii its projects or acti viti es cann ot be co mpleted with the limns all ~catc<l by tl)e Coun ty tO the Sub Gra nt ee. Any cos t overruns sh all be th e so le res ponsibilit y of th e SubG ran tcc . I . ·11,e SubG ra ntee agr ees tl,at all fu nd s all ocated to it for ap pro ved projects or acti viti es shall be used so lely for th e purposes approv ed by th e Co unty. Sa id fund s shall not be used fo r any non-approv ed pu rp oses . 2. Th e SubGran tcc agree., th at th e funds all oca ted fo r any approved projects or ac ti viti es shall be suffic ien t to co mpl ete sa id proj ects or ac tiv ities witl1ou1 an y ad di tio nal Cl)l:l (j fu ndin g . F . lndc mniry To Lie extenl allowed by law. the SubGrantee shall indemnify an d hol d harm less the County end its elected end ap pointed offic ials , officers, em ployees and agents Ii-om and agai ns t any and al l losses , dnmages, lia bilitic:s , claims, s uits , acti ons or costs , incl uding attom.,ys fees, mad e , ass e11 ed or in cu rred as a rcs1 :lt of any damage o r al leged damage to person or property occasione d by the acts or om1ss io1,s of Sub Gmntcc, its officers, emp loyees, agents, co ntrac tors or sub con tr ac tors, arising o ut o for in any way connected wi th the Proj ect or th e perfo rmance u flhi s contrac t. G. ' Bondin g nnd ln ~nr·nncc If th e SuhC,rnn tec's projects involve constructi on act ivities, any Co ntractor it uses for s aid ~~ti va ies shall be required to prov ide and m.,intain, unti l finnl acceptance b y th e SubGcantec of all wo rk by s uch Contractor, th e ktnds and m,mm um amo un ts ofins u:-an ce as foll ows: 1. Comprehens ive General Liai:>i lity : In !h e amo unt o f no ! less tha n $1,000,000 com bin ed s in gle limi t. Coverage to include : a . Prcm 'scs Operations l,. Products/Com pl eted Operati ons c. Broad Form Contractual Li abil ity d . lndL'Pcndcnt Contractors c. Broad Form PropL'rty Damage f. e mpl oyees as Addi ti onal Insured g. Personal Injury h . Arapahoe Cou nty and the SubGrantee as A dcit1o nal Na~1cd Insured i. Waiver of S ubrogation 2. Comprehensive Automobile Liabi lity: ln the amount of not less tl1an Sl ,00 0,000 com bined si ngle limit for bodi ly injury and property darn age . C:nve:-age to include : a. Arapal1 oe Cou nty and the SubGrantce as add iti on al Named lns u rcd b . Waiver of Subrogati on :. Employers Liability w 1d Workers Cu111pc11sa tiun : TI1e Cuntractor sha ll secure and m a in ta in e m p loyer's li ability and Worker's Compensation Insurance tlia t will protect it against an y und all cl aim s res ult ing from injuries to and death of workers cngs gcd in work under any oontrnct fun ded p1,r s uant to thi s agreement . Coverage to include Wa;ver of Subrogation . All referenced in s uran ce po licies and/or certtti ca tcs of m surnnce s hall be s ubject to the follo wing s ti pulations : a . Underwri ters sh all have no ri ghl s of recovery su b rogatio n agains t Arnpalto c County o r tl1e SubGrant cc; 11 bemg th e intent o f tne parties that th e in surance ?O licics so cffectec shall pro lcct the parti es and be primary coverage for any and all losses covered by the describ ed ins ura nce. 6 • • • • b . C. d . n,e clause en1itl ed "O th er Ins uran ce Prov isions" co nt ained in an y pol icy i11 cludi ng Arapa hoe Cou nty as an ad ct itto nal named insur ed sha ll no t apply to Ar apahoe Co unty, or th e Sub Grn nt cc. The insurance com pan ies iss uin g th e policy or polici es shall have no recourse aga in st Ara pah oe Co un ty, or th e SubGran tee fo r paym ent of a.,y premi ums due or for any asses sments und er any form of any pol icy Any and al l ded uctibl es cu ntu med in an y in suran ce policy shall b e ass umed by and at th e sole ri sk of the Contractor . 5. Cert ifi ca te of in su rance : n ,c Co ntractor shall nol co mm ence work und t-r any co ntract fund ed pu rsuant to this Agreement until he has s ubmittt.:l to the Su bGr antcc, rece ived approval therco i, certi fica tes of insuran ce sh ow in g tha t he has co mpl ied with the for egoi ne ins11rn nc.e. requircm cn :s. T he S11 bGra n1 ee shall nlso su bmit a copy of th e Co ntractor's certificates of ins ura nce to th e Coun ty . 6 . Notw ith standing th e prov isio ns co nta in ed in this paragraph (1-1) set fo rth hcrc inabovc, th e C,.>U nty res erves th e r igh t to modi fy or w ai ve said provi.,;i ons fo r projec ts or activi ties fo r whi ch ti1ese provis ions wo uld prove prohibit ive. Th e SubGr an tec understan ds, however, th at th e decisio n to waive or modify those provisi ons is full y within the discreti on of th e County. In acco rdance with 24 CFR parts 84 an d 85, the fo ll owin g bo nding req uirements shall a pp ly to al l • projects exceedin g ti1c simpl ifi ed ucqu is iti on ti 1res hold (currentl y $1 00,000): • 1. A bid guaran tee from eac h bidd er equivalent to 5% ofthe bid pn ce; 2. A perfo rman ce buml un the pun of tl,c co ntracto r for 100% of tl 1e co ntract pri ce; and 3 . A paym cnl bond on th e p art o f th e e0n 1ract or fo r I 00% of the co ntract pri ce. H. Record s Tnc Su b Granlcc sholl main tai11 a co mplete set o f bocks and reco rd s doc umentin g its use of CDBG fun ds ,u,d it s supervision ,nd administration of the Proj ect . Reco rd s nre to in clude docum enta ti on vc ri f)ing Prnjcct eligibilit y and nati on al objec ti ve co mpltance , as we ll as fin an cia l and oth er admmistrati ve as pects involved in perfonning th e Project. n ,e SubG rant ee shall prov id e fu ll access to these boo ks and record s to the Cou nty, th e Secretary or H UU o r his des 1gnee, the Offi ce u f lmpcctu1 Gcnc ,al, and the Gcnern l Acco unti ng Oflicc so tha t com pli ance wi th Fed eral lnws and reg ul ations may be co nfirmed . ·n,e S ub Grant ee fil rther agree.~ In provide to th e County upon req uest , a copy of any audi t rcpor1S pert a,nin g to the SubGrantec's fi nan cial operations du ring ti1 c term of this Agreement. All records pertaining to the Proj ec t are to be maintained for a minim um o f five years fo ll owin g cl ose -ou t of th e Project. I. Re portin g n 1e SubG rantcc shall file all re pons and oth er inforr.1111i n neccssa ry to comp ly with app lic 1ble • Fede ral iaws and regul ations as r eq ui red by the Co unt;' and I IUD . Th is sha ll incl uuc pruviui ng tu the Co unty th e in fo nnati on necessary to co mp lete annual l'erfomna nce Reports in a ti mely fas hio n J. Timeliness 11,e S uhr.ra ntee sha ll comply w ith the momhly pc rfon nan ce standard s cstab l:shcd in Section 11 -C o f thi s Agreemen t. Th e S ubGrru,tec u:1dc r.;twds ti.at fai lur e tu cu:n ply wi th the established st and ards may lead to a cance ll ati on o f the Project and 2 loss of all unC><pc nd ed fun ds. K. Rciml,urscmcut fur E).pcn scs T he S ubG ran tee agrees that befo re the Cou nty c.m distri but e ,u1y CDB G fu nd s to it , th e SubGrantcc rnu st sub mit to th e Cour.ry's Housin g 2nd Co mmwi ity Development Servi ces Div isio n documentation in tl ,e fo nn req uired by that Div ision which properl y anci fiill y iclcntifi es th e a111 011111 which the SubGran tce is req uesting nt thut time . Th e Cou nty shall have ten (10) worki ng days to re view th e req uest. Upon ap prova l of the req uest, the Coun ty will disuib ute the reques ted fund s to the Su bGra nt ec as soo n as poss ibl e. L . Program Income All program in co me di rectly deri ved fro m the Arapahoe Cou nty Con ununi ,y Development Block Gran t Program rec eived by the Sub Gran tee will be retai ned by tl1e SubGrantee an d will be ,J ;sper s~d for its ap proved CDBG Proj ect activi ti es before additi ona l CDB G fu nds are req ues ted fro m tl ie (;c,11nty. Fo ll owin!!, com?lction uf the SubGrantcc's Arapahoe Co un t)' CDB G Proj ects , all program income di rectl y ge nera ted from the use of CDBG fu nd s wi ll be remi tted to th e Co unty. M . Real h .:>pcrty Rea l property acq uired in wh ole or in prut wich CDOG fund s shul l be uti lized in acco rd ance witli th e scope and goa ls id en tified in Secli ons 1 and II of th is Agreement. Should th e propc n y in qu escio n he sn lci or nthcrw ise ciis poseci of, or the approv ed pro perty usag e dtsco ntin ued, the SubG rnntcc shall adhcTc to the req uir eme nt s of24 CFR P•rt,; 84 ur 85 (as applica bl e) regardi ng the use and d1sposn 1on ot rea l propeny. N. State aml C ounty Law C ompLi 11 11ce All responsibili ties of tl1 e Su bGrant ee enu mera ted here in shall be su bject to appli cab le Sta te statute s and Cou nty ordin ances, resolu11 011 s, ru les , and regula ti ons. O. S ubcontracts If subcontra cts are csed on the Pro jec t , th e Su bGrnntee agrees that the provis ion s of t~is Agreemen t shall app ly to any su uco11 1rn~l. :o • • • • r. Susp ension or Termination 17,is Agreemen t may be immed iate ly suspe nded or term inat ed upon written notifi ca ti on fi-o m the County if th e Su bGrantee materially fail s to comply with any tc nn of th is Agreement. Thi s Agreement may als o be tcnn ina ted for cor.venienee by m utual agreement of the County and the Su bGra nt ee. Q . In the event that th e Un it of Ge neral Loca l Government shoulc withdr aw fro m the Co unty's "'l.irban Co un ty" design at ion, thi s Agreem ent shall tcnn inatc as of the te r.nin ation date of th e Coun ty's CDBG grant Ag,reement with HUD. R. The Su bGran tcc ccnifi cs that to the best of its knowledge and be lief: 1. No Federal appropriated fu n:l s have bee n paid or will be pa id , by or on behal f of it, to any pers on fo r in flu enci ng or all cmpting to innuc nce w, uffice r ur c111ployee of any agency , a Memoer of Co ngre ss, an officer or empl oyee of Concress , or an employee of a Member of Co ngress in co nnection with the awarding of any Federal co ntr act, the making of any Federal grant , th e making of any Federal loan, tl1e cntc n ng 1111 0 of any coopera ti ve agrnt!tn ~1 1t 1 and the ext ension, continuation , renewa l, amend ment, or mod ifi cation of any Federa l contrac t, grant, loan, or cooperative agreement ; and, 2 lf any fund s other than Federal approp ri ated fun ds hav e been paid or wi ll be paid to a.uy pc.::rsu n for influc nciag or atte mpting to influe nce an office r or empl oyee of any agency, a ~-!ember of Congress, an o ffi cer or em plo yee of Co ngre ss, or an employee of a Memb er of Congress in connection with this Federal contract, gr~t, loan , or cooperative agreement, it will co mpl ete and su bm it Standard Fom1-LLL , "Di~closu re Fa nn to Rcpon Lo bbying," in 2cco rdan ce with its instru ction s. S. Dis allowance If it is dctenm in ed by HUD or other federal age ncy that the expenditure , in whole or in part , for th e SubG rar 1lct!'s P1ujccl u1 ui.;ti vit y was i1uprope1 , inappropriate or ineligible for reim bu rse ment, th en the SubGrantee shall reimburse the Co un ty lo th e fo ll ext e nt nf th e ciisallowan cc. T . Verification of La"ful Presence Th e SubGran tcc shall be responsib le for cns unn g co mp liance with C.R.S. Secti on 24-76.5-103 by verifyi n g the lawfu l pr esence of all persons eighteen years of age or older who apply for any benefits fu nded in who le or in part by the gran t fu nd s that arc the su bject of this Agreement. SubGran tee sha ll w rify lawfu l presence in th e m ann er req uired by ,he stat ute, and shall provide pro o f of co mpliance upon th e request of th e Cuunty. RESPONSIBILITIES OF Tl:1.E COUNTY 11 A. Administr·alive Control The P arti es recognize end undcrstnnd that tl,c Co unty will be tl,e gov crnm cntnl ent ity required lo execute all gran t agreem ents receive d from HUD pursuant to the Count)'S req uests for CO BO funds . Accordi ngly, th e SubOrantee agrees that as to its projects or activities p erfonned or conducted under nny C DB G agreement, the County s hall hove th e necessary adm ini s trati ve contml required to meet HUD requi rements . B. Pcrformoncc and Compliance Monitoring The C o unty's admbistrative o bl:gations to the S ubOranle e purs uan t to paragraph A above shal l be limited 10 the performance of th e adm inistrative tasks necessary to make COBO funds availabl e to the S ub Grantee and to pruv id a Hous ing and Conununi ty Development Services sta ff wh ose job it will be to monitor the various projects funded wi ;h CDBG mo ni ~ to m onit or co mpli ance wrth applicabl e Federal la ws and regulati ons . C. Rcportini: lo HUD llic C o mly will be respo nsible fo r see ing th at all necessary reports und informoti on required of the County are filed with HUD and other a pp licabl e Federal agencies in a timely fas hion . V. EXTENT OF TUE AGREEMENT 71,is agreement, includi ng any documents at tac hed as ex hibi t.; whi ch are hereby in ccrpornted herein by reference, represents the entire w,d integrated agreement betw ee n the County, and Sub Grantce and s upersedes all prior negotiations, re presentations or agreements, either written or oral. Any amendments lo thi s agreement must be tn writing and signed by :ioth the County, and SubGrantee. If any p ortion of thi s agreement is found by a co urt o f competent juris di ction to be void an d/o r unenforceable, it is the inte nt of the parties that the remaining porti ons of this agreement shall bt of full fo rce and efTect. VT . NOTICES Notices to be provi ded under thi s /\1,,,.eement s hall be given in writing and either deli vered by h and ur d e posi ted in th e Uni ted States mail with suffici ent postage to the addresses s et fort h : To the County: Arap ah oe C ounty Attorney 53 34 S. Prin ce Street Littl eton, CO 80 166 Arapahoe Coun ty H ousing and Community Development Services 1690 W. Li ll leton Blvd ., #300 Li tt leton, CO 80 120-2069 12 • • • • • • To tl1 e Sub Grantce: Cit y of Englewo od !000 Englew oo d Parkwny Englewood, CO 80 11 0 l) ln Wi tness \Vh ereof, the Pru1 ies ha ve cas sed IJ11 s Agreement 10 be du lv exe:u tec tlus ______ day of ______________ , 20 1 I SubGrantcc: Cit y of En glewoo d Signa ture James K. Woo dwa rtl Mayo r T itle Boa rd o r Cou nty Cornm1s ~ioners Arapahoe Co unt y, C:o lorndo D n J<J em mc on beh alf of the Board of Co unty Commissioners Pursuant to Resoluli on Il l 1014 3 14 • • • • PROJECT BUDGET =-- COLUMN A COLUMN ll COLUMNC COLUMND 1'10Je:c c 1'<11\'llln l!.1ll m11 1rd T ota l Coll or I coocr-u11d1 Ochrr f.'un d~ Com11Jurd (1ptclf)'h)'llnt lWn) AMhit)' Re1ut adin1 n1s11 1111on SS0.000 SS M O $45,000 Project Rch ~b e,;~ens:.s S70,000 14 5,000 !Ol ,000 • I TOTAL: Sl 20,000 SS0 .000 S70 ,000 • • • COUNCIL COMMUNICATION Date : Ag enda Item: Subject: Octobe r 1 7, 20 11 II iii O rdi nance au th o rizin g th e sa le 01 2293 W Baltic Ave, 2295 W Baltic Ave , 4 10 1 S Cherokee St, 4585 S Julia n St , 4825 S D elawa re St, and 2320 W H anwd Ave fwnJeu tluu ugli tlie Ne ighbo rh u o d Stabili za ti o n Progr am Gran t Initiated By: St aff So urce: Comm uni ty Develo pm ent Depa rtm ent Haro ld ). St itt, Senior Pl an ner Ja ne t Grimmett, H o us·ng Fimnce Spe cialist COW-Kil COAL AND PREVIOUS COUNC Ii. ACTI ON City Co unci l ,"lp prove d Res o lut io n 3 4 Series of 2009 .l ut ho ri zine sta ft" to app ly to the Depa rtm e nt of Loca l Affai rs, Co lo r,,do D iv is io n oi H ousin g, fo r a po rti o n o f A rapah oe Co unty 's all oca tion of th e Fed eral Ne ighbo rh ood Stabil iza tio n Pr o gr,11n funds (NS I' I ) . Crty Co unc il app roved O rdinan ce 3 7, Se :ies of 2009 aut horizin g th e execu ti o n oi a contrac t io , NSPl grant fundi ng between th e St ate o f Colora do Dep artm ent of Loca l Affai rs and th e City o i Eng lewood. Cit y Co un ci l app roved Ordi nan ce 4 9, Se ries o f 2009 authorizin g th e purchase of ten unidentifi ed singl e-fam il y vac ant fo reclosed properties loca ted in the eligible ce nsus tr acts throu ghout th e Ci ty u i Engl ewood to fu lfi ll the NSl'l co ntract w ith th e Colorado Departm ent oi Loc al Affair s. Ci ty Co un cil ap proved O rd1n,1n ce 15, Se rr es o f 20 I u au tho ri zi ng th e sale of 2198 W . Adrr atrc Pl, 2335 W . Bal ti c Pl 2010 W . 6 ltic Pl . 4819 S Del a,•.ar e St, ond 468 1 5 Deca tur St #2 26 fun rl e rl thr o ugh th e NSP 1 gran t City Co un ci l Jpp rovcd O rdin.in cc :?i , Ser ies of 20 10 Jut hon1mg an ;im,•ndmcnt to th e .'-!SP I co ntr ac t bud get to pur cha se up lo three add it ional un,dentifie:J sin gle-famil y va cant foreclose d proper ti es loca ted in th e eli gibl e cens us lr,,c ts th ro ugho ut th e City of En gle"ood to fulfill th e N SPl co ntra ct w ith th e Color ad o Dcpartm ':!nt of Loc JI AffJ ir s. City Council ,1pp1oved O rdinance 49 , Se ri es of 20 10 au th o riz ing th e sa le o i 22 15 W We sley Ave, 3395 W Grand Ave, 4744 S Gala p ago St, 3 102 IV Radcliff D r, 2 159 W Vass ar Ave , and ) 1 15 S Acn111 r1 SI i,mrlP rl throu gh th P NSP 1 gr;,nt City Co un ci l app roved Ordinance 34, Series o f 20 11 , aut ho ri zi ng an am endmen t to th e N SPI co ntr ac t budge t to purc hase up 10 fiv e additi on,1 1 wude ntifi ed single -fa mily v,KJ nl fo re closed prope rties loc,,ted 111 the eligible cens us tra cts thr o ughout th e Crty of Englewood to fu lfi ll th e NSP I co ntra ct wi th the Colo rado Dep artment of Lo cal Affa irs . RECOMMENDED ACTION Staff recom m en ds that Council approve a Bill fo r O rdinance au tho ri zing th e sal e of six s,ngl e family res idences loca ted at 2293 W Baltic Ave, 2295 W Baltic Ave , 1101 S Cherokee St, •1S8 5 S juliJn St, 4825 S 1Jeldware St, and 2320 W HarvMd Ave . 8ACKGROUND, ANALYSIS, ANO ALTERNATIVES IDENTIFIED In 2008, th e Federal r,ove mm en l passed the H ousinR and Econom ic Re c overy Act (Hf RA ). HERA appropriated $3 .92 billion nati onal ly for the Neighborhood St abilizatio n Pr ogram (N Sl'l) to ;upport the acquis rli on. rehabil itati o n, o r demolition o f foreclosed and abandoned properties . The Co lorado DepM1ment of Loca l Affairs through the D 1v1sion of Hous111g rece iv ed a tota l $37 .9 million in NSP I funds . In Ma,c h, Iii':' Cu 11 1111u 11 ity Oevcluµrnl'nt Department suUmi ttecl an .tpµliLa tio n tu th e Strl.te as autho ri zed fo r NSP I tun ding to r Project Reb uild . Project RebLild was awarded a to tal of S 1,753 .3 79.00 by th -: Stal P Hnusing Rr'lrird tn pt1r rh,1 sP, reh,,hili t,1lr, ~~nd c;e ll fn redno;f'>d ,;;ing lr - i.lmil y pr o perties in eligibl e ce n5u5 tr .1cts loca ted th rough out the City oi Engl cwuod. In Se pte mbe r, Cu undl apµtu\•~d e 11t t ri 11 g intu an agr eement wi th lhe State ior N SPI funding Th e N SP l contr ac t re qui res th e µurcha se , rehabilita tion, and res ale of a maxirm1m tw enty homeownership units . Cu rrently si x homes loca t ed al 2293 W Balt ic Av e, ~295 W 8Jltic Ave, 410 1 S Cherokee St, 4585 S Julia n St, 4825 5 Delaware 51, 2320 W Harvard A ve have be en purc hased • an d are in va r;ous stages o f being reha bbed. All si x pr operties v,ill soon be ava ilable lo sell to • eligib le ovv n er/occ upied buyers. Sec tion 72 o f the H ome Rule Ch arte r requir~s tha t rea l prope rty ma y be 1o ld, but only by ordin ance , nnt 11i;ing thr PmPrgrncy prnv ic;inn . E.,ch p rope rty ;1c quir Prl for Proj ect Rebuild \'\;ill be broL1Bh t befo re Council as soon as poss ible to rece ive approval to se ll each pr ope rty 10 eligible bu yer s. Th is w ill maximize th e market ing efiorts. This proce1s will expedite th e su bsequent sale and clos ing of th e property . FINANCIAL IMPACT Exis ti ng Co mmunity D eveloµment staff has th e reqL1ir ed e'<pe nis e 10 sell the pro perties 10 e l1gibl~ liu)'t:I) All ~clli ng t:>.µt:n~es will lJC 1 \J \'t"l t"U Y run d:, ;:11 ovi J~l: by the N SP l gr11 11t. l\l 1hi:, ti111c , dll proceeds tr a m th e sa le o f e;,ch p roperty will be reimburs ed 10 the State of Co lo ,,1 do as p rogr,1 m incomP ;1c; rPquire ci hy th e c\1n1r,1,-11irH 1I ,1 II hot1 SP '-Me ,nlri o r th e program Pxprr es ,\.\arch TO, 201 ~ N o LTAR fund s we re used m the rehab 1ht a11 on of th1 1se six propert ies . LIST OF ATTACHMENTS Bill fo r Ordinance • • • • ORD IN ANCE NO . SER TES OF 20 11 BY /\lHHORJTY COUNcn, R II I. NO 72 rNTRODUCED BY COUNC IL MEMBE R _____ _ A BTLLFOR AN ORDrN/\NCE APPR OV IN G THE SALE ON THE OPEN MARKET Or SIX PROPERTU:S IVHICI I WERE PURC I IA SED AND REHABILIT /\ TED WITH FUNDS FROM THE NE IGHB ORH OOD STABILIZATION PR OG RAM GRANT AND FUND 46 . WHEREAS , th e En glew ood Cit y Co uncil np p rovcd Re.s olution No . 34 , Se rie s of 2009 authorizing th e Cit y 10 app ly to th e Depa rt ment o f Loc al Affairs , Co lorndo Di visio n of Housin ~ for n po1110 11 of Arapnh oe Count y's all oc a1i o11 of the Feder al Neighbor hood S1 ,,b;!i :1 .. ati un P1og 1 am fun rls (NSP I): and WHEREAS , the Cit y Cu uncil approved Ordinaucc No . 37 , Series of 2009 auth orizing the ex ecution ofa contract fo r Neig hborhood Stabilization Program grant fundmg betw ee n the State of Co lorad o Depa rtment or Lo cal Affairs and th e C ity or Eng lewood; and WHEREAS , the Cit y Co un cil app roved Ord inance No 49 , Serie s o f 2009 au th orizing th e purchase of ten (10) uniden1if:ed, sing le-fami ly. vacant, for eclosed pro perties located in the el igible censu s tra cts throu ghnu t the Cit y nf En g lewood to fulfill the NSP I con tract with the Co lorado Department of Loca l Affair s; and WHEREAS. the City Cou nci l approved Ordinance No 2 7, Series of 20 I 0, auth orizing an ame ndment to the NSP I contract budget to purc ha se up to three (J) additional un ident ified single fami ly, v;1ci.111 l, fu1cdosed propertie s located in the el igibl e census tract s throughout th e Cit y of Eng lew ood to fulfi ll the NSP I Cont ract wit h the Co lorado Dc,iartmem of Lo cal Affairs ; and WHEREAS , the Ci ty Coun ci l app ro ve d Ordinan ce No. 3 , Serie s o f 20 I I, au th oming an amen dment to the NSPI contra cl budge 1 to purc ha se two (2) additional uruden ti f,cd sin gle famil y. vacant , forecl osed propcrtll'S loca tc:d in the cilg1blc cen sus tra cts throughout th e Cuy of En glew ood 10 fu lfi ll the NSP I Co ntr ac·1 with Ill e Co lora d<> Oepa rt ment o f l ocal Affa irs : and 11'1-I EKAS , the Ci ty Coun ci l approvctl Ordi nance No . 34, Series uf 20 11, au thorizing an am en dmen t tn the NSP I con tra cl budget o f purchase up to five (S) addi tiona l un iden tified sin gle fami ly, va cant. foreclo sed pr opertie s located in th e eli gib le cens us tra cts 1hro ugl1 o u1 the Ci ty of En glewood to fulfill th e SP I Cu ntra ct with th e Co lorad o Dcp anm cnt of Loco.I Affair s; .:m'd WHEREAS , six suc h pro pertie s arc almo;t ready to be sold to private parties wh o wi ll secure their own financing ; an d WH.l.:REAS , ir an oiler 10 purcha se 1s rece ived trom an y Cll y empl oy ee , ll1eu tanuly member s, • or any bu sin ess in wh ich a City emp loyee has a financ ia l int ere st, such offer will be subnuned to the Engl ewood City Counci l fo r approva l; NOW. THEREFORE , BE IT ORDATNF.11 RY THE CITY C:OU NCIL OF THE CITY OF ENGLE WOOD , COLORADO, AS FOLLOWS : Section I. Appru\l.1l is hcrd,y gi ve n for the sale on the open markc1 o f six propert ies which ' were purcha sed and rchabili t.:itcd wi th fund s fr u111 the Nt:ighbo1hoo d St a\J ili.zat ion Pro gram Gra nt and Fund 46 . Sa id properties .\'ill be so ld to priv ate panics who sha ll secure 1he1r own finam:i ng . .fu;_c 1i o1Ll . TI 1c fo ll owing pr opcnics arc au thoriz ed 10 be so ld on 1he open m:i rkct : 22 Q1. West Ralti c Av enue 2. 2295 We s! Bailie Avenue! 3. 4101 South Cherokee Stree t 4. 4 585 South Juli an Street 5. 4 82 :. South Ddawarc Stree t 6 . 23 20 We st Harvard 1\vcnuc Sect ion 3. The sale o f these prope rt ies sha ll require lh c. pur cha se r to agree .i s fo ll ows: I. All house holds bein g scr.'cd must qua lify und er the te rm s of the NS P I Grant. 2. The purcha sing ho us eh ol d "•ill und ergo :1 minim11rn of R hnurs o f HUD approved ho meowner ship co un sel ing . 3. The purchasing house hol d mu st occup y the propc ny as a prin ci p.11 resi dence fo r a mi11 imum of five years. Sec ,i on 4 . The sale pri ce sh a ll be equa l :o or le ss thlll th e co sts 10 acqui re and redevel op the home . Sec ti on S. Th e sa le proceeds wi ll he rcimhu rscd 10 1hc NSPI fund s and Fund 46 up on the rch nbi lit ation ::md !;a le o f 1hc fo rec losed propert ies . Secti on 6 . Tlit: Mayor aud the Cit; Clerk .uc au th ori zed 10 execut e 1hc pro per fonn o f deed fc,r the co nveyance o f th ese propcnics pursua11 t to Soc1iu 11 72 olthe Eu glc woo d Cit>' Charter . ullroduced , rea d in fu ll, and passed on fir st rc ad111 g on the 17th day of Oc tober , 201 1. Puhli shcd by T11le as a Bill for an Ordi nance in lh e City 's offi cial new spaper on the 2 1" da y vf Oc toher .20 11 • • • • • Publish ed as a Dill for un Ordin nnce on th e Cit y 's officia l web site begi nning on th e I 9th day of Ocl o ber, 20 11 fo r 1hin y (30) dnys . fame~ K \Voodwa rd. Mayor ATTEST Louc rishia A. Elli s, Ci1y Clerk I, Lou crish ,a /\. Ell ,s , Cily Clerk of 1h e Ci:y of Englewolld. Co lora do. hereby ccni fy 1ha1 th e above: and fore goi ng is a tme co py of a llill fo r an Ordinan ce. intr odu ced. read II\ full , and pas sL-d on fi rs t rendi ng on the 171 h da y of October. 201 l. Loucri shia /\. Elli s 3 • ORDINAN CE NO. SERIES OF 20 I I BY AUTHORITY CO UN CIL BILL NO ~0 INTKODU CED BY COUNC IL MEMBEK WLLSUN AN ORDINA:-J CE ADOPTI NG TII E BUDGET OF THE CITY OF ENGLEWOOD, CO LORADO , FOR THE FISCAL YEAR 20 12. WHEREA S. pursuant to th e provi sions or Part I, A111c le X. of the Charie r of th e City Englew ood, Co lorado , a budget for the fi sca l year 2012 wa s dul y submit:eJ by the City Manager to the City Cou ncil on August 29 . 20 1 I ; an d WHEREAS , a publi c heari ng on said budge! wa s held by •he Cit y Co un cil within thre e weeks atlcr 11s sub1111ss 1on al th e mt:ct111g of the Cny Coun cil on St:ptember 6, 2011 Re gular no tice of the time and pin ce o f said he~ring w:a s puhli s hed wi1hi n SC\1('11 d:1 ys after suhmi s~io n of 1hc budget in the manner pr ov ided in th e Charte r for th e pu bli ca ti on of an o rd inance : and \Vl-l_EREAS, the Cit y Co unc il of th e Cit y of EnglC'wood has studi ed ,mcl ri isc 11sseod 1h ~ huct ge 1 011 numerou s occas io11 s; NOW. "11-IER EFO RE , BE IT ORD AlNED BY Tl·IEC ITY Cfl UNCI.L fl F THF f'ITY flF • ENGLEWOOD. COLOllADO. I\S FOLLOWS : • Section I . Th al the bud11e1 o f the Cit y of Engle.wood. Co lorado , for th e fi sca l yea r 2012 . as su bmincd by the City Managc-r , duly considered by the City Counci l and change s 111.ide by th e Ci ty Mm s1gcr 10 rtllcct Cour;c 1l discusSlo n aller public hearing , ,s adop ted as tl1c budge! for the C11 y of Englewood fo r the fisc.11 year 20 I 2. Section 2. GENE KA L FUNU Total Fund Bal ance, January I, 2012 Sale s1Usc Ta., Propen y and Spc-ci ti c Ownership Tax Franch1 sc/Occ.up ation,C igarctlc T11x License/Permit s lnt crgovcmrncntal Revenue Charges for Services Cul1u ral & Rcc rcm ion Fine s & Forfeiturc:s Interes t Mi sce lla neou s Tota l Reve nue s Other Finan ci,tg So ur-es 20 12 HUUGET S 8,753,654 22.11 5,126 3,130,000 3,2 55,651 574,0 25 1,552 ,3 15 3,392 .5 67 2,599 .668 1,3 I S,<50 100 ,(100 41 9 15 3 S JS,456,955 _.Ll.§2.m 11 bi Tota l So urces of Fund s $ 40,42 6,740 • Exnenditure:; Legislation 333,793 Ci ty Manager's Office 672,072 Ci ty Att orn ey's Office 746,73-1 M urnct pal Co urt 974,4 17 Human Re sources 470,9 10 Fi 1iancc-and Admi nistrativr s~rvi cc s 1,54 1,645 Informati on Tec hn ology 1,360,355 Co mmunit y Dcvc lopmc r.t 1,478,39 8 Pu blic Works 5,436 ,637 Po li ce I 0,921.4 55 Fire 7,7 11,732 Lib rary Service s 1.256,48 I l'a rks an d Rcc rcmion Servi ces 5,8 34,425 C:on tin gcncies 150,000 Debi Servi ce ' 06 0 7lQ Towl Uses o r Fun<l :. $ 40 ,949 ,79 3 To ta l Fund Balance, De cembe r 3 1, 2012 $ M,23 0,bll l See11 on J . SPECIA L REVE NU E FUNDS Conserv ati on Tmsl Fune ! • Fund Ba lnncc, Jnnunry I, 201 2 $ 98,9 16 Reven ues $ 327,000 Ex penrlilurcs $ 40:.soo Fu nd Ba lance, Dccc-mbcr 31, 2012 $ 22,4 16 Communit}'. Ucvc lo~mem Fund Fund Balance. January I. 2012 $ .Q . Re ve nu es $ 100,tl0O Expenditures $ 300,000 Fund Balanc e. DL-cem ber 3 1, 20 12 s .(). • Oonors Fund Fund Balan ce, January I , 20 12 $ 101.072 Revenues s 96,500 Exp endinires $ 17 2,780 Fund Ba lnnce, December JI, 201 2 $ 24 ,792 Malley Ccnlcr Tru sl Fund Fu nd Da lan cc. January I , 20 I 2 $ 29 1,66 7 Revenu es $ 15 ,000 Ex.p i:11Jilu1cs $ 15,000 Fund Ba lance. December 3 1, 20 12 $ 29 1 .667 Park s an d Rcc rc:111011 Tmsl Fun d Fund Balance , January I , 20 12 $ 449,303 Rcv!!nu es $ 20,000 F.xp ernli turc.; $ 211 ,flllO Fund Balan ce, Dec ember 3 1, 20 12 $ 44 9,303 Open Spa ce Fund Fund Balan ce. January I , 20 12 $ 190 ,55 1 Revenue s $ 645,000 • Expendilurc s $ 772,000 Fund Ba lance , December 3 I, 2012 $ 63,551 Neig hborhood S1ab1 liza1ion Program Fund Fund Ba lance , January I, 2012 $ 526,386 Revenue s s 1,488,436 Expendilures $ 2,0 14 ,822 Fund Ba lance , December 31 , 2012 $ -0- Secli on 4. DEBT SERVI CE FUND Gc,1eral Ob ligauon Bond Fund l'uncl I.la lan ce, January I , 20 12 $ 164 ,!J56 Re venue s $ 853 ,500 · Exp enditure s $ 959,200 Fund Ba lance , Decembe r J I , 20 12 $ 58,956 \ Section 5. CAPITAL PROJECT FUNDS • Public lm11rovemem Fund Fund Ba lance, January I, 2012 $ 329 ,782 Revcn ur.s $ 1,754,000 Expenditures and Transfers $ 2,000,739 Fund Ba lance, December 31 , 2012 $ 83 ,0 43 Cnpital Project s Fund Fund Ba lance, January I, 2012 $ <42,239 > J<.cvcnucs and Tran sfer s In $ 340,0UU Expenditures $ 274 ,7 8 1 F,md Balance, December 31. 2012 $ 22,Q80 Sc I on 6. ENTERPRISE FUNDS \Vater Fund Fund Ba la nce, January I, 20 I 2 $ 6,8 I 8,223 Rcvcnut,"S $ 11 ,832,380 E:tpc:nditurc s $ 13,0 49,665 Fund Ba lanc e, December 31 , 20 12 $ 5,6 00,9 38 Sewer Fw1d • Fwtd Balance, fanuruy I, 2012 $ 3,6 44,933 Rt:YC:IIU~ $ 25 ,984,080 Expenditures $ 18,894.661 Fw1d Balance, December 31, 2012 $ 10,734,352 Storm Dramage fund Fund Balance, January I , 2012 $ 74 9,062 Revr.nncs $ 331,232 Expenditure s $ 348,47 3 Fw1d llalance, December 3 1, 2012 $ 731,821 Golf Course Fund Fund Balance , January I, 2012 $ ;JB,S60 Kevenues $ 2,3 12,426 Exp cndi 1ure s $ 2,16 1,t,41 Fun d Balan ce, De cember 3 1, 20 12 s 689.)43 C.911crete UJil&Fu nd Fun d Balance, Ja nuary I , 20 12 $ 29 4,204 Reve nu es s 71 1,200 • 4 • • • Expenditu.-e,; Fund Balance , December 3 I,20 12 Housin g Rchabjli1a1ion Fund Fw1d Ualancc , January I, 2012 Revenues Ex pendi lures Fund Balan ce, December 3 1, 2012 Scc1ion 7. lN TE RNAL SERVICE f UNDS Ccn lra l Servi ces Fund Fund Balance, Ja nuary I. 20 12 Rcvc11ues Expendi1ures and Transfers Fund Ba lan ce, December 3 1, 201 2 Scrvicenter Fund Fund Balance , January I, 20 I 2 Re ve nues Ex pcndilures & Trans ft-r s Fund Balance, Dece mber .1 I, 20 I 2 Ca pit al Eq uipm ent Replacement Fw1d Fu nd Balance, Ja nuary I.2012 Revenues Ex penditures Fund Balance, Dccc,nbcr 3 I, 20 12 Risk Management Fund Fund Balance, Janu ary I, 2012 Revenues Ex penditures and Trans fers Fund Balance , December 3 1, 20 12 Em pl uycc Bcuclil s FunJ Fund Ba lance, January I. 20 I 2 Revenu es Expenditure s .. nd Tra nsfers Fund Ba lance, December JI , 20 12 $ $ $ $ $ $ $ $ $ s $ $ $ $ $ $ $ $ s $ $ $ $ s 697,2 49 308,155 90~.8~9 1,000 ,000 1,000 ,000 909,889 107 ,882 353,400 353,463 107,8 19 950.990 2,27 3,080 2,260 ,423 %.1,6~7 1.430 ,4 99 825,9 I 5 1,264 ,936 99 1,4 78 720 ,040 1,1 87,027 1,867,850 39 ,2 17 6 11 5,337,42 6 5,284,552 53,485 Se cti on 8. That th e said budget shall be a publi c record m lhe offi ce of 1he Ci ty Clerk and shall be o pen to public rnspecti on. Suffic,cn l co pie s th ereo f shall be made avatlablc for the use oi the C!ly Co un ci l and the publi c, the number of copie s to be determined by the Cit y Manage r. 5 Introduced, read in full, and pa ss ed on firs. reading on the 3rd day of October, 20 1 I. Publi shed by Tille as a Bi ll fo r an Ordinance in the Ci1 y's offic ial nrnspa pcr nn th e 71h da y of Octo ber, 20 11. Pub lis hed as a Bi ll for nn Ordi nance on the Cit y's official website bcginniJ1g on 1he 5th day or Oc 1obe r, 20 I I fo rthirty (30) da ys . Read by utle and pa ssed on fina l readi ng o n 1he 17t h day or 0..:1obcr, 20 11. Published by titl e in the Cit y's ot fi cia l news pape r as Ordi nance l\o. _, Series of 20 11 . on the 21so da y o r Oc tober, 20 11. Pub lis hed by litl e on the City's orfi cia l webs it e beginning on the 19t h day or October, 20 I I fo rthirty (30) day s. ----fames K . Woodw:ird, M ayo r AlTEST. Luucris l11a A . Ellis, Ci ty Clerk I. Loucrishia A. Elli s. Ci ty Clerk of the Cit y or Engl ewood , Co lorado. here by certify that the ab ove and fo regoing is a true copy of th e Ordinan ce passed on final r<'"'icimg ;md puhli shcct hy title dS Ordiua ncc No ._. Serie s of 2011 . Lo ucri shia A. Elli s • • • • • • ORDINANCE NO . SF.R IES OF 2011 BY AUTHORJTY COUNC!L BCT.,L NO . 61 INTRODUCED BY COUN CIL MEMBER JEFFERS ON A.J'i ORD L'IANCE Al'PROPRL'\ TING MONIES FOR ALL MUNICIPAL PURPOSES L\J THE CITY OF ENGLEWOOD, COLOKADO, rlJK THE FISCAL YEAR BEGINNING lA1'1JARY 1. 20 12, AND ENDING DECEMBER 31, 2012, CONST ITIITTNG WHAT IS TERMED THE ANNLAL AP PROPRJATION BD..L FOR Tl-IE FIS CAL YEAR n 12 . WHEREAS , a public hennng on the Prop os ed 2012 Budget was he ld September 6, 20 11 ; aud WHEREAS. the ope rating bud~ets and Multiple Year Capital Plan for all City de pa rtment s and fund s were re viewed at a budget workshop held on September 12, 20 11 ; and WHEREAS, the Chaner of the Ci ty of Englewood requires the City Coun cil to ado p1 hill s for ordinances adopoing th e Bud ge, and Appropriati on Ordi nan ce 110 laoer th an 1hirt y da ys prior to th e fir st da y of the next fi scal year. NOW, THEREFORE, BE rr ORDAINED BY THE CITY COIJNCn . OF THE crry OF ENGLEWOOD, COLORADO, AS FOLLOWS : Seel ion I . That there be and the re hereb y :s appropriittc<l fru 111 lhc revenue derived fro m taxation in the City of Eng lewood , Co lorado, fr om co llc c1ion "f li cen se fee~ an d from all othe r so ur ces of revenue including ava il able fund balan ces during the yea r beg inning January I. 2012 , and endin g December 3 1. 2012, th e amount s hereinafter set forth for the object and purpo se specified and set opp osite th ereto , specifica ll y .is foll ows. Le gislali on City M:u1.1ger's Office Cit)' Attorney's Office Municipa l ourt 1-Jurnan Res ource s Finan ce and Admm is trati ve Sc r\'iccs · "o rmati on Tcchn olo1,,')' , JtllllUttity Dc\'elopmelll Publi c Works Poli cl' Fi re Libra ry Se rvices Park s and Recreation Sc_rviccs Co nti nge ncies Deb t ScrYice -Civi c Center Debt Servi ce -Other GENERAL FUND 333,i9) 672,072 746, i34 97 4 ,4 I 7 470 ,9 10 1,5 41 ,645 1,360,355 1,478 .398 5,436,637 10,921 .455 7,7 11 ,7 32 1,256 ,48 1 5,834,425 I 50,000 1,574,000 486 739 11 b ii Total Gen era l Fw ,d •10 ,94 9,793 • CONSF.RVATIO N TR UST FUND Tutal Co usi::r vatiun Trust Fu11J $ 403,5 00 COMMUNTf Y DEV ELO PM ENT FUND Total Commw ,it y Uevcl opment F und J 00,000 DONO R SFUND To tal Donors Fund 172 ,780 MAL LEY CENT ER TRuST FUND ·r o1a l Mall ey Ce nt er Tru st Fund 15,00U PARKS AN D RECR.E AT IO:-1 T RUST FUND • Total Parks and Rec reati on Tru st Fun d 20 ,000 OPEN SPACE FIDID Tot al Open Spa ce Fun d 772 ,000 NE IGHB ORH OO D STAB ILI ZATION PR OGRAM FUND Tota l Ncighl>o rh ood S1>bi li 1~11ion Program Fu nd S 2.0 14.8:2 U ENE RA L O1:ll..lGAT ION BOND FUN D Total Gcncr,ll Obliga ti on B und Fund 959 ,200 PUB LI C IMP ROV :,MENT FUND I otal Publi c Improvement F und 2,W U,73~ • 2 • • • To tal Capital Projects Fund Tota l Water Fund Total Sewer Fund Tota l St onn Drainage Fund I ota l Go lf Co urse hmd To tal Conc rete Utility fund CAPITAL PROJECTS FUN[) $ WATER FUND $ filill':I;_ ·U s STORM DRAINAGE FUND $ [!)11.F COU RSE FUND $ CON CRETE UT:LITY FUNU $ HOUSIN G REHAB ILITATION FUND Totnl Mousi ng Reh abilitat io n Fund Tot2l Central Sc rYi ces Fw1d To•,I Srrvi Ce nt cr Fund C ENTRAL SERVI CES FUND 5 ~ERV ICENTER FUND $ CAPITAL EQUIPMENT REPLACEMENT FUND Tot al Ca pital Equipmen t Re placement Fund s Tot al Risk Management Fund RI SK MA.\!A GEME NT FUND s 274,781 13,0 49.665 348.473 2 ,lbl ,643 697,249 1,00 0 ,000 35 3,463 2,260,423 1,26 4,9 36 1,$67 .8 50 EMPLOYEE BENEFITS FUND Totnl Employee Denc fits Fund 5,284 ,552 ~cction 2. The foregoing appropriati om shall be co nsidered 10 be ap pru prialiott!) tu groups wi thin a program or depanment within the fund indicated but shall not be co nstrued 10 be approp nated 10 line items wulun any groups, even th ough su ch lmc items may be se t fo nh as the ado pte d budget fo r the liscal yea r 20 12 . Sect ion 3. All moni es in the hand s o f the Direct or of Finance an d Administrative Sc r,·;ccs. or 10 come into th e Director's hand s fo r the fi sca l year 2•., i 2. may be applied on the out standin g claims now due or 1n hccom c du e in 1hc sai d fo;cal year of 20 l 2. Section 4. All un appropriated mon ies that ma y co me int o th e hands o f tHc Direct0r of Finan ce 3nd A<lmini str:tt ive Services durin g th e year 2012 , ma y be so di stribut ed 3mong the re sp ect ive fund s herei n us the City Co un cil may deem best und er such control as is provi ded by law , Sc:1,;liuu ~ t ~.1. 1if,~ \II ~1 1 the do~e uf the: {i :,cn l yc:u o f 20 11 . ,111 y su rplus mon ey in any of the re spective,/; t•'$, ath:r all claims for 2011 against the samt: havt: been paid , irut y be disuibu tc<l 10 any oth er fun,i or fund s at the discreti on of the City Co uncil. Introdu ced , read in fu ll , and passed on first reading on the 3rd day of Oc tober , 20 11. Published by Title as a Biil for an Ordinanc e in the Cit y 's orlicial newspape r on the ith day of October, 201 I . Publi she d as a 8 1II fo r an Orci inan cc on 11 11: Ci 1y's o ffi cia l websit e be gin nin g on 1hc 51h rl ay nf Oc tober, 20 1 I for thin y (30) day s. Re1.,d by titl e an d passed on final reading on the 17th day o f Oc tober . 201 I. Pu blished by title in the City's official nt"wspapcr a~ OnJ mam:c: No . _1 Scnc:s uf 2011 , un the 2 1s t day of Octobe r, 20 11. Publis hed by title on th e Cit y's official wehs itc beginning on the 19th day of Oc tober, 20 11 for thiny (30) day s. fames K \Voorlwa rd , Mayo r ATT EST Loucri shia A. Eili s, City r.;.,rk 4 • • • • • • I. Lo uc ris hi a A. Elli s, City Clerk of the Cit y of Englewood , Co lorado, hereby cert ify that the ubuvc am.J foregoing 1;:. a true: co µy of the 01dina.ncc; passed on final reading ,md publi shed by tit le a; O rdinance No ._, Sedes of 20 11 . Lo u cri sh ia A. Ell is • • • ORDL\JANCE NO. SERIES OF 201 I BY AUTHORffY COUNC [L BILL NO . 62 INTRODUCED BY COUNC n, MEMBER OLSON AN ORDrNANCE ADOPTrNG THE BUDGET FOR Tl-IE LllTLETO NI ENGLEWOOD WASTEWATER TREATMENT PLANT FOR THE FIS CAL YEAR 2012 . WHEREAS, a public hearing on said budget was held by the City Council wi thin three weeks after its submission on AUb'llSt 29,201 I. The he ari ng was held at the meet mg of Ci ty Cowtcil on September 6, 2011, reb'Ular notice of the time and pla ce of said hearing ha vi ng been publish ed within seven days after the submis sio n of the budget m the rnarmer pro vided in the Charter for the publication of an ordinance: and WHEREAS . purSU,1111 to the provisio ns of an agreement between the Ciiy of Littleton, Co lorado, and th e Crt y of Englewood, Co lorad o, a budge! fo r the fiscal year 20 12 was rc vi well by the Li11lcton/Englewood Wastewate r Treatment Plant Supervi so ry Co mmittee and reeonuncnded it be submitted to the Ci ty Counc il a, their meeting ; held on Septemb er I S, 2011; and WHEREAS, the Ci ty Co un cil of the City of Englewood, as th e administering authority for the Littletorv'Englewo od Wa stewater Treatment Plant , ha s studied the budget on nwncrous occasions; and WHEKb\S, II rs the interl! o f the Cit y Council to adopt the 20 I 2 budget for the Lit1leton/Englcwood Wa stewate r Treatment Plant as now submitted . - NOW, THEREFORE, BE IT ORDAINED BY nrn CITY COUNC IL or TH E CIT\' OF ENGLEWOOD , CO LORAD O, AS FOLLOWS : Section I. That the budget of th e Littleton/Englewood \Vn stewater Treatment Pl an t for the fiscal yea r 2012 , as su bmitt ed by the Littleton/Englewood Wastewater Treatmcm Plant Supervi so ry Co mmittee and duly considered by the Ci ty Council after public hearin g, is hereby adopted as the budget for the Littleton/Englc,1.1ood Wastewater Tr ea1me111 Plilnt fo r rh e fisc"I ye.1r 201 2, ,1 .c; fo llow s: Liuleto11/£,ig/ewo od Wast ewater Trearm e11t Plw1J Fund Balance -January I, 20 I 2 Reve nu es Expen diture s Fund Balance -De cember 31, 2012 115 ,674 19 ,177 ,265 19 ,177 ,265 I 15 ,674 11 b iii ~ectio n 2. That the sa id bud get as accep1<d shall be a publ ic record in th e Offi ce oft he Cit y c ;erk and shnll be open to publi c ins pect ion . Suffi c ient copies thereof sh all be mnde :w ailable fo r the use o f the C it y Co un cil and the publ ic, the num ber of cop ies to be det emlincd by the C it y M am.1 gcr , Int ro du ced , rea d in lull, and pas sed on fir st re adin g on the _,rd d~y of Oc tober, 2011 . Publi shed by Title as a Bill fo r an Ordinance in th e City's offi cial newsp aper on the 7th da y of Octob.r, 20 11. Publi shed as a Bill fo r an Ordinance on th e Cit y's offi cial websi te bcglmt.in g on the 5th day of Oc tober, 201 1 fo r th ,ny (30) days. Read by til lc and pt1ss c<l un fin ~I rc1:1t.ling 011 thc 17th cl ay or Oct obt:r, 20 11 . Publ!shed by tnlc 111 the C it )'S offi c ial newspa per r.s Urd mance No._, Sen es of 20 I I , on the 21st day of Octo ber , 20 1 I. Publi shed by t it le on th e C it y 's officia l web site bcgmnin~ on the 19th cfa y o f Ocrober . 20 I I fo r tl uny (30) da ys Jamt":, K . \Vou JwurJ, Muy or ATT EST : Loucri sh ia A. Elli s. Cit y C lerk I, Lo uc ri shi a A . Elli s, C it y Clerk of the Cit y of Eng lewood , Co lorado, he reby ccni fy that the above nnd foreg oing is n tru e co py of th e Ordi nnncc pnsscd on fi nal readin g il nd publ ished by lillc as Ord in ance N~,. _, Seri es of 201 I Lo uc ri shi ,;A, Elli s 2 • • • • • • ORDINANCE NO . SERIES OF 20 I ' BY AUT HORn ·y COUNC IL BILL NO . 63 INTRODUCED BY COUNC IL MEMBER l'ENN AN ORDINA NCE APPROPRIATING MONIES FOR THE LlTrLETON/EN GLE WOOD WASTEWATER TREATMENT PLANT PURPOS ES IN HIE FIS CAL YE AR BE GINNTNG JANUARY I, 2012, AND ENDING DE CEMBER 3 1, 2012 , CONSTITUTING WHAT IS TE RMED TIIE ANNUAL Al'PRO PR!AT ION Bn,L FOR TH E FISCAL YEAR 20 12 . WHE REAS, the Cities of Englewood an d Litt leton entered i1tto a co ntra ct ICl buil d, mainta in, anJ upi:rnlc a jolnl WastcvaHcr Treatment Pl ant fa cilit y; and WHEREAS , the ope ra ti ons. includin g budget mailers, of thi s Joint facility arc oversee :, by th e Su pervi sory Conunillr.:\.:; am.I WHEREAS , the Cit y of Englewood operate s the Littleton/En glewoo d Wastewater Treatment Pl ant under the control of th e Supervisory Comm iuee ; and \mEREAS, the Littlet on'Englcwood \Vastewa tcr Treatment Pl ant ha s i1s own fund for op era ti ons and rnamtenancc ; and \v1lEREAS, the Sup ervisory Committee recom mended th e submi ss ion of the fo ll owing as the 20 12 app ro pri ati ons at their meeting held on Septem ber 15, 20 11 . NO W, THEREFORE, BE rr ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , CO LORADO, AS FOLL OWS : Sec ti on I. That pursuant lo th e Littlet on/E ngle wood Was tewat er Trea tm ent Plant agree ment , there be and hereb y is appropriated fr om th e revcuuc derived from o perati on of the Littleto n/Engle wood Wastewater Tr eatment Pl ant in th e Ci ty of Eng lew ood, Colorado , and fr om 311 oth er sourc es of reven ue in the Littlet on/E nglewoo d Waste wa te r Treatment Plant Fun d including avai labl e fund ba lance durin g th e year be ginni ng January I, 201 2, and ending December 3 1, 20 12. 1hc a111 uu11 t~ l11:1ci11a f1t:1 sc:t furt h fo 1 th e object and purpose speci fie d 11s fo ll ows : Total Little1 on/E nglcwood Wastewa ter Tremment Plant Fund 19,177 ,265 Introduced. read m full, and pa sse d on fir st reading on the 3rd day of Oc tober, 20 1 I . Publi shed by Title as a Bill fo r an Ordimm ce in lht· C1 1y·s ofti c 1al news p;i pe r 0 11 th e 7th day o f Oc tober, 20 I I. Publi shed as a 0ill fo r an 0 1dh1:1J 1ce uu tht Ci ty's official wcb si 1c bcgirnlln g on the St.h <la y of Octo ber, 20 1 1 for 1hiny (30) days. Read by title and pass ed on final reading C" the 171h cla v of Octoher. 20 I I. Pu bli shed by title in th e Cicy's offi ci al new spaper as Ordi na nce No._, Serie s o f 2011 , on the 2 1st day o f Oc tober, 20 1 I. Pu bli shed by Li lle on the C it y's offi ci al web site beginning on 1h e 19th day o f n c,nher, 20 1 1 fo r <hin y (30) days ATTES T: lames K . Woodward, Mayo r Lo ucnslu a A. Elli s, C it y Clerk I. Lnucn shi a A Elli s. C1t y C lerk of lh e City o f Englewood, Co lo ra do , h ereby ce rtify 1ha1 1he abo,e Jnd for ego ing is a true c op y of the Ordina nc e pa ssed on final readmg and publi shed by tit le as Ordin ance No .__, Se rie s o f 2011 . Loucrislua A . Ell is 2 • • • • • • OIU)INANCE NO . SERIES OF 20 1 I BY AlffHORITY COUNCIL BILL NO . 59 INTRODUCED BY COUNCIL MEMBER McCASUN AN ORDINANCE FIXING TIIE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE ASSESSED VALUATION OF ALL TAXABLE PR OPERTY WITHIN THE CITY OF ENGLEWOOD, CO LORADO. WHEKEAS. 11 is th e dut y o f the City Co unci l of the Cit y~: Englewood, Colorado, under the Eng lewood Home Rule Charter and Co lorado Revised Statu tes. to make th e annu al property levy fo r City purp oses; and WH ERE AS . the Cit y Co uncil has duly conside red the estimated valua ti on of all the taxable pro pert y "ithin th e Ci ty and the need s of the Cit y and of each of said levies and ha s dctcnnined thnt the kvic:; as hcrcinuficr sd forth. are prope r nn,i w ise; and WH EREA S. th e following le vie s arc penuined under Article X, Semon 20 of the Co lorado Cons', '11 tin n withou t a vo l e by t~e ci1izen s; NOW , THf.K.EfORE, BE IT ORDAINED BY THE CITY CO UNCIL OF THE CITY OF ENGLEWOOD . COLORADO. AS FOLLOWS : Section I. Tiiat thc,e be and hereby is levied fo r the year of 201 I, due and payable JlS required by statute in the year 2012. a tax of 5.880 mills on th e dollar for the General Fund of the Ci ty of Englewood, Colorado, and I. 741 mill s on the dollar fo r the General Obliga tion Bond Debt Service Fund of the City of Eng le wood. Co lora do. That the levy hereinabove set fon h shall be levied upon each dollar of the as sessed valuation of all taxab le property within the corporat e limi1s of the C:ity nf linglewnod , Colo rado . and the sa id levy shall be ce rtified by law . Introduced. re.i d in full . and pas sed on fi rst rcad in~ on the 3rd da y of Octobe r, 20 11 . Pu blished by Title as a 13ill for an Ordinance in the Cit y's official new sp aper on the 7th ruiy of Oc tobe r, 20 11 11 b v Publi shed as a Bill for an Ordinance o n the C it y's offieinl website beginrung on the 5th day of • October, 2011 for thin y (30) days. Read by title and pa ssed on final reading on the 17th day of October, 201 I. l'ubhshcd by title Ill the C ity's o fficial newspaper as Ordinance No. , Series o f 2011 , 011 the 2 1st day of October, 201 1. · - Publi shed by tit le on the City 's oflicial web site hc girmin g nn th e 19t h day of O:tohcr. 201 I fM thin y (30) cla ys ATTEST: Jamc:s K. WulKlv..ar<l, Mayor Loucri sh,a A. Ellis, Ci ty C le rk I. l..o ucrishi a A. Rllis , C ity C lerk nf thc C ity of Eng lewood, Col orado, hereby eenify that the rtbove and foregoing is a true copy of tht: Ordinance pas.oied on final reading and published by title as Ordinance No. _, Series of 201 1. Loucrishia A. Ellis • • • • • ORDINANCE NO . SER IES OF 201 I BY AUTHORITY CO UNCrL BILL NO . 7 I INTRODU C ED BY CO UN CIL MEMBER WO OD WARD AN ORDL\JAN CE AMENDING THE CITY COUNC IL POLI CY MANUA L RE GARDING T HE ELECTION OF THE MAYOR AND MAYOR PRO TEM . WI IEREA S, both the En glewood Home Ru ic Cha rt er and the Rules of Order and Proc edur e for th e En~d ewood Cit y Cou ncil coniai n pro visions for electi on of th e Mayor ; :i nd \Vl-l EREAS , the Ru les of Order amJ Pr lh:cdurc co 11t.1i11 s a provision for ele cti on of th e M,1yo r and Mayor Pro Tcm bu! also co nt ai ns sec ret ball ot lan gua ge ; and WI·l l KEAS , 111 199 1 the Colorado Sunshine Act was amend ed to prov tdc for ce rtain exce pti on!. to the ge neral rule of meetin gs bei ng op en tn th e· r11hlic : and WHEREAS. election of the Mayor and Mayor Pro Tem does not meet any of the exceptions; therefore , the e lection o f 1he M:lYOi a nd Ma yor Pro Tem ma y not be held in :u~ Exi:cut ive Sess ion; and \VHEREAS, s ince the am endment to the Co lora do Su nshin e Ac t election of th e Ma yo r and the Mayo r P,, > Tern of Englewood has not been he ld in Ex ec utive Session ; and WHEREAS , this amendmem 10 the Rules of Order and Proc edure will dirnimH c th c sccrcl ball ot provisio n: NOW, THEREFORE, BE IT ORDAlNED !:IY THE CITY COUNC IL OF Tt!E CITY OF ENGLEWOOD, CO LORAD O, Tl ·IAT THE COi.NC IL RULES OF ORDER AND PROCEDUR E AR£ AMENDED AS FOLLOWS : The pie si ding officer o f the Cit y Council sha ll be the Mayo r who shnll be ele cted by-sooFet e<>lk,t by the membe rs of the Ci ty Co uncil at the seeen<! .fiill..u:.1:ular meclm g in No vember afte r each gc r.cral municipa l electi on. The prcStdin g o ffice r shall preserve stri c1 o rder and dcconun at all regu lar and special meeting s of the Cit y Council. He/she sha ll st ~lc c:vt:r / ·-tuc:sti uu cu11Li11g befo re 1hc Cit y Cou nci l, announ ce th e cl ecisinn nf th e C:ity Coun cil on all subject s, and decide all qu est ions of order , subject , howeve r, to an appeal of the Cit y Counci L in which eve nt a majority vote of th ose Co un ci l Member5 present and voting shall govern and co ncl us 1vc ly determine Sl1 c h que sti on s nwurdcd . He /she shall vo le on 311 que sti o ns, hi s/her name being called last, ht!/shc shall sign all ordinances adopted by !h e City Council during hi s/he r pr ese nce . 11 b vi ll1c Ma yo r Pro Tem sha ll be elected Sj see,et ballot by the members of the City Coun cil at th e~ !irsJ regµlill'. mee tin g in November after each genera l 01utticipal electi on. The Ma yo r Pro Tcm shall serve as Mayor during the ah scnce or cti s.1hility of lhe \rfayor anci in cm:e nf rt vacanc y in the office o f the Ma yor pending a se lection of a new successor. lnt roclu ccd , read in full, and passed on fir st readin g on the ]rd da y of October, 20 11 . l'ubli shcd by Title as a Bill for an Ordinance in the City's orncial ne11·s papcr on 1h c 7th rln y of Oc tobe r, 20 11 . Publi shed as a Bill for an Ord inan ce on the Ci ty's o ffic ia l web si te begimung on the 5t h day o f Oc tober.20 11 for thiny (30) clays . Read by title and pa ss ed on final reading on the 17th cfa y oi Oc tobe r, 20 I I. Publi shed by title m th e Cit y·s ofli cial new spaper as Ordinan ce No. . Series of 20 11 , on the2l stdayofOctobcr,20 11. - Publi shed by title on !he Cit y's oflicial web site bcginnin~ on th e 19th doy of Oc tober . 201 I fo r 1hiny (30) da ys . James K. \Voodward , Mayor ATfEST: L ucri shi a A. Ellis , Cit y Clerk I, Lo ucrishia A Elli s, City Clerk of the City of Engl ewood. Co lorado, hereby cenify that the abo ve and fo rego ing 1s a true copy of the Ordma ncc pa ss ed on linal reading and publi shed by ti tle as Ordina nce No ._. Series of 20 11 . Loucrislua A. Elli s • • • • • • COU NCIL COMMUNICATION ..__ Date A•cnda lie:., Subiect October 17. 20 11 Res olution of support 10 the Eng lewood 11 C i M cl ell an Reservo ir Fo undation for lea se o i app rox im ately 7 ac res 10 Miller Fami l)' Real Esta te, LLC. INITIATED BY I STAFF SOURCE Englewood Mcl ell ,,n Reserv o ir Foundation Micha el Flah erty, EMRF COUNCIL GOAL AND PREVIOUS COUNCIL ACTION In 1999, City Counci l autho ri zed th e creat ion of th e Engle\\·ood M cl ell an Re se rv o ir Fou nd ation IEMRFI fo r the pu rpos e of deve lopment of pro perti es in th e Mcl ell an Reservoi r land . Over th e last seve ral years, City Co un cil has suppo rte d EMRF in th e sa le of parcels th at ha ve bee n, are being, dnd/or w ill be deve lop ed 10 provide ad di tio n ,,I r eve nue fo r the City of [n gle wood, During th e October 3, 20 I 1 ExeCll l ive Sess ion, City Co un cil re vi ewed the terms of a p roposed agreeme nt in w hi ch EMR F "ould lease app roxi m ately 7 acres o f PA 84 lo th e Mill er Famil y Real Est ate, LL C IMF RE). RECOMMENDED ACTION EMRF rec o m me nds City Co un cil approva l o f the Reso lu tion su pporting th e agree m ent betwee n EMRF and M ill er Fami ly Rea l Estate (MFRE ) for lease of ap pr ox malely 7 acres of PA 84. BACKGROUND In 1 999, City Cou ncil authorize d, through O rdinance 41 , the c rea ti on of th e Engl ewood M c lellan Reservoi r Found at io n ,a no n-pr o fi t co rpora tio n charged w ith furth ering th e developm ent of th e M cl ell an Res ervoi r property and transferr ed th e p ro p erty to EMR F. Th e fo ll owing goa ls fo r dev elopme nt were esta bli she d by City Council in Ordinance 4 1. I . Pr o tec t th e quali ty of the City's st o red wa ter al M cl.ell an Rese rv o ir. 2. Pr otec , th e rese rvo ir ecosys ten1. 3. Estab li sh and maxim ize a futur e lon g-term in come str eam to bene fit th e Cit y . 4. M ainta in th e quali ty of the Highline Cana l recrea ti ona l f,1C iiiti es and th e ·.v et lands bt:tw et:ll C-470 i1nd Coun ty line Roctd . S. Minimize deve lopm ent impacts on th e reservo ir. 6 Enhan ce th e quality of life o f the nei gh bo rh ood of whi ch it is part . 7. Enh an ce the qua lil} of life fo r res iden ts o i th e C11y of En glewo od. In late Septembe r, EMR F reach ed an ag ree m ent in p rincipal wi th MFRE on lease te rm s. Du ring an [xecuti ve Se ssio n on Octobe r J, 20 11 , EMRF staff p rese nt ed in;ormati on to C ity Coun ci l rega rdin g a Lette r of Int ent wrt h M <RE for a p ropcsed lease oi En glewoo d M cl ell an Rese rvoir foundatio n (EMRF) p roperty. Sin ce th at lime, using th e IJnguage o i th e Lett er of Intent as th e basis, th e EMRF Boa rd and th e EMRF att orney held nego tiation s wit h th e bro ke, ,rnd th e att orn ey fo r MFRE . FINANCIAL 1/vWACI Initial D eposit: Pr e-D ev elopment Ren t: Cun!)trt1 Ll iun Rental : Base Rent : LIST OF ATTACHMENTS Ci ty Coun cil P.eso luli on Lease Agreem ent $1 0,0C0/month, non-refundable, bu t app licable to co11s Iructi o11 rent, unless th e lease is termi n;1 ted . $9, 91 0/monlli, co mmencin g o n co m,tru ctiun sta,t. $22 9.690/yea r commencing o n opening and in crea si ng 10% every five (5 ) years, fo r th e initial 20 year term and with a CPI adjustment al th e beg inn ing of th e firs t (of five) fi ve ye ar o ption pertods. • • • ,· ' I . (' '~. . . r "l""1,1 ~-•• RESOLUTION NO . • SER!ES OF 2011 A RESOL\ITJON SUPPORTING THE ENGLEWOOD MCLELLAN RESERVOIR FOUNDATION (EMRF) LEASE OF A PORTION OF THE MCLELLAN PROPERTY TO MILLER FAMILY REAL ESTATE , LLC . WHEREAS . 1he Englewood Mclellan Reservoir Foundation (EMRF) was fom1ed 10 oversee 1h • devel opment of the Mclellan l\eservoir propen y; and WHEREAS . the Lease is for, ,proxima tely 7 acre , of the Englewood Mclellan Reservoir Fo undati on property; a·,d WHEREAS. C11y CoU11C1l discussed lh c lerms of1hc proposed agrcemelll al the October 3"'. 201 I e xecutive Sess1un; and WHf.R EAS . 1hc EMRF Roanl of Directors has wmnimously approved the lea se with Miller Family Real fstatc. LLC ; NOW. THFREFO RE . BE IT RESO LV ED BY THE CITY COUNC IL OF T l IE CITY O F ENG LEWOOD, COLORADO , THA'"': Srclinn 1 The Ci 1y Co un ci l of1he 1 i1 y of Englewood , Colorado, hereb y suppo,~s the '·Ground Lease" between the Englewoo d Mclellan Reservoir Foundation and Mille r Family Keal Es1a1e, LLC for lhc lea se of a portion o f the Mclellan propeny, att ac hed as Ex.hibil A. ADOPTED AND APPROVED thi s I 7i h day ofOctober. 2011 . fame~ K . \Voodward , tvhyo r Loucris hia A Elli s, C1ty Clerk 1, Loucrish in A. El lis , City Clerk for 1hc Ci 1y of Eng lewood , Co lomcto. hereb y certi fy the abo\'c is a lruc copy of Reso lution No . __ , Series of 20 I I . GROUND L E,\SE MILLER FA)HLY REAL ESTATE , LLC as Tenant and ENGLEWOODIYICLELLAN RESERVOIR FOUNDATION as Lamllunl elat ed as of ____ , 2Ull • TABLE OF CONTENTS Ar ticle I F unda mcnt:il Lease Term s Article 2 Groun d Lease of Pre mise s I. Definitions 2. P1emi sc s 3. Co nd ition of Premi ses: Tcmu ,t Release 4 . Imp rove ment s 5. Ea!;<.:mcnl ~ 6. Po ssess ion Art icle 3 Lease Term and Co nditions Precede nt 5 I. Term; EtTectiv e Date; Comme nce ment Dal e 2. Exten sion Option 3. Tenam 's Ri~ht of Entr y '1 . Titl e lnsnr:mc.e Artic lc4 H.ent (, I. Co nstru ctio n Re nt 2. Base Rent • 3. Rent Adju stments 4. Net Lea se 5 . Sec urity Deposit; Pre -Dev elop ment Rent 6. Cre dit~ Against Rent Art icle 5 Tuxes 8 I. Real Estate Taxe s 2. Pro ration 1.1fTax t:s 3 . Per sona l l'ropen-y Ta xes Artic le 6 U tlli tics 10 I. t /ti lit)• I lsa e,c : Artic le 7 Use, Su blening an ti Assi gnment 10 I . Use 2. Ass ignment ar,d Suble ai ng Artic le 8 I I ntenti onall y Omittcrl J 11 Article 9 Mech anics L ieus 11 I. Lii::n s 2. Prot ect ion of l.and lord·s !merest in Pr emi ses • Arti cle 10 lnd cml\ity ancl lnsnrancc 12 I In de mn ity 2. App ear and Defe nd 3. In suran ce • Article 11 Da mage ur-Dcst ru cl io n 15 A rtic le 12 Emi ncn1 Domain 16 I. Dc ~niti on ofTakmg and Sub stantial T;,ki ng 2. Tcn"nl 's Right s Upon Tak ing or Su hstnntinl Ta king 3 . Tcnalll 's Rights Upon Le ss Than Su 1J s1,.1111 ial Takin g 4. R ign ts Upon Temp orary Tak;ng :,, Awar d Art icle 13 Defau lt 17 I Event s ofTcnau l's Defos lt 2. Land lord's Remedies 3. Land lord 's De fau lt ,1. At t 01T1eys' F cc!: 5 . 'J/a'.vcr of Co n!jcq ucntiu '. Dn1n agm, Art ic le J4 Co \'c nan t of Quiet ~;ujoymcut 22 A rti cle 15 S ubo rd in :1tio n ; La ndlord 's Right to l\1ortgng l! :md Cn n vry Premises 22 Arti cle 16 T ra n sfers by Land lord 22 • A rticl e 17 Miscc U:111 co us 23 I. Non-Waiv er of l)efa ult 2. Reco rding 3 . No li ce 4, Successo rs an d Ass igns 5 Partia l Invalidi ty G. In te rp retat ion 7. Mt:a Ji ngs, Cil Hio ns :in d Refe rence s 8. Governin g Law 9. Execu t ioll o f Doc ument,; 10. Fo rce Maj eur c 11. Reasonab le Con se nt 12. Authority 1.l. Es toppel Certifi cate 14 . Holding Ove r Arlklc 18 Le;tst!h uhl Fiu a11ci11g 25 I. Mo11g11gc by Tenant 2 No ,iee To and Righ ts d Lea seh old Mongngccs Artil'l c 19 Rcprcsc ntnt ions o f Ln ndl ord anrl T en :1111 29 • I. Reµrese 11 t,tt io11 s ur La11 dlo,d 2. Rcp rc sc ntat,ons of Tena nt • • • Article 20 Exhibi t A -1 Exhi bit A 2 Exhib it B Su rrcntlcr of Premises Le gal Descriptio n of Pre mises Site Pi nn of Premi ses Memora nd um of Lease ·Il l · 32 A-I A-2 B-1 HMM DRAH8IH/II • GHOUND L EASE; Thi s GROUND LEASE (the"~") is made a~ of the _ day of , 2011 , by and bc twc,•., ENGLEWOOD/MCLELLAN RESERVOIR FOUNDATION, a Colorad o nonprofit con,ornti 11 ("Landloril "). a,,~ Millrr Fn mil y Ren! Fsta tr, LLC ("Trn :111t "). The da le this I e ase is c,c, J•c<l nr1 <l de live ted l·y ho tl1 pattt u hereto sh:~I be referred to hereinaft e r as tl1e "Effective Dal~." WITNESSETEI: f'or and in consideration o f Ilic mutual covenants herei n c:>ntai ned and other good and valuab le consideration, the rece,pl and s u fficiency of whi ch are hereby acknowledged , th e parties hereto agree to the term s and co nditi o ns as herei nnft er pro vided : Article I Fundamcnlal Le ase l'crms For co nvenience, thi s Articl e I s ummari zes certa in fu ndament al eco nomic and busin ess tcnns of thi s Leese . F.ffcclivc Date: Prt!nliscs: Tenant Tc1111: Opti on: --~2011. That certain real property described on Exhibit A attached hereto and incorporated herein by thi s ,eference, cons isting o f acres. EN GLEWOOl1/MCLET . .I..AN RF.SERVOfR FOUNDATJON I 000 En glewood Parl-w ay Englewood, C olorado 8 0 I l 0 Attention : Pres ident M tll cr Famil y Ren! Estat e, L.L.C. 9350 So ull1 15 0 East Suite JOOO Sand y, Utah 8~0 ·10 Atk:ll 1u11 : Juy Frnm:is Wah a co py to: Scott Bates, Gt:nera l Counsel 9350 South I 50 East, Suit e 10001 Sandy, Utah 84070 Twent y (20) years fr o m th e Commence m e nt Da le Five (I) renewal o pti o ns of five (5) years each. • • • • • Rent : Dcpu s;t Anmrn . am ount of $ 1$0.32..LO._, as Constructi on Rent , payab le m ont hly nnd cc mmenctng as prov id ed in Artic le 4. Arnma l am ount of $.J.$9 . 75 s.f.J as Base Re nt co mme ncin g as provi ded in A11icle 4 , in crease d ten pe r ce nt (1 0%) eve r y fi ve (5) year s du ring the Initi al Te rm , in creased al th e st art of th e First Ex tensi on Op ::~n :is provi ded m Alticl c 4 and inc reased b y I 0% al the srnrt of ea ch sub se qu ent 5-ycar renewal te nn . Th is is n Ne: Lease . ___ , as provided ,n Artic le 4.5 Ar ti cle 2 Gro und I.ca se uf Prc mh:c!i I. Dcfi mt ions.: F'<:.,r purpo ses o f th is Lcusc, th e follow in g tcn ns shnll have the fo ll owi ng mean in gs: A. "A dju stment Date " shall have the meani ng set fo rth in Art icle 4 .3 .C. B. "As sess m ents" sh a ll have th e me aning set fo rth ir1 Arti cl e 19.1.K . C. "Base Re nt" shal l h ave th e mcumng set fo rth in Arti cle 4 .2. D. ·'Base Ren t tan Date" shal l have th e me aning set fo rth in Art ic le 4 .1. E. "B uildings" shal: m ean the bu ild ings whi ch may be construct ed b y the Tenant on the Prem ises. F. "Casu ally" sha ll have th e meani ng se t fo rth in Arti cle 11 . 1. G "Com menceme nt Date" slrnll ha\'e th e meanin g sci fo nh in A1t 1clc 3.1. H. "Constn,ct ion Rent " shall be the mo nthly amou nt o f $ ___ ,c5 pro vid ed in Ani cle 4.1. I. "Defa ult" or "Event ol Lktau lt" ;hall have the mea nin g set fort h in An ic lc 13.1. J. "De fa ult Ra te" shall mean inte res t accru ing at th e rate equ al to th e Prime Rat e pins three percen t (T',,), win ch rate sha ll be adjus ted wi th each ehm1ge in th e Prime Ra te. Howeve r, in no event shall th e Defa ult Rate ~e less than ten percent ( I 0%) pe r ann um . For purposes o f L1 is Lease, "Pri me Ra te" sha ll mea n th e pri me ra te as pu bli shed in the Wall Street Journal. If th e prim e ra te publi sh ed by the Wa ll Street Jo urn al becomes unav ail ab le, La ndl ord shall use the prime ra te as an no un ce or pub I ishcd by s uch ot her organi zation or puh lica tion a; reasonab ly dctc nn in ed by Landlt,,d t·. be • co mparabl e ,o the pri me rl te now published in :he Wall Stre et Jou rn al. K. "De pa .sit" shall have the meaning set forth in Article 4 .5. L. "Effe ct ive Da te" shall mean the date th is Lease is sign ed by b0th l'ar11 cs . fvl. "En vironmenta l L:1w " .>hall l ti!VC th e mea ning set fo rth in A1ii cle I 9 .1.J. N. "Excu sable Delay ·• sha ll mea n any of the follow in g eve nt s that prev ent s, rl c lays, retards or hind ers a party's perfo rm ance of its dutie s hereund er : act of God; fire ; c:uthquake; floo d; explm,ion; war; invasion; insurr ec ti on; ri o t; mob violence; sa botage; vanda li sm ; inabi lity to pro cu re o r gen eral shortage of labor, eq uipm en t, facil itie s, mat eria ls or suppli es in the open market; fa il ure of tran sp ortatiu n ; strikes; lockouts; :my male1ial d ela y caused b y Land lord wi'.hout fau lt ofTe:iant; or any delays due to c .u,es be yon d th e co ntrol of La ndl ord and witJ ,om it s faul t or negli gence. 0 . u-Firs t Exten sion Op tion " shall ha ve the mc ;-:.ning set forth in Ar1id c ~ .:!. P. "Fi rs t Exte11 sio11 Oµtio n Period" sha ll have the mean ing set forth in Article 3 .2. Q . "Improvement s" shall mean the Buildin gs and an y o th er improvc1T.cn1s • co nstructed on the Premises . il. "~1itia! Tem1'' sha ll mean th e firs t 20 Lea se Years ns more specifi cally describe.J in Arti cle 3.1. S "La ndl ord" is Englew ood !McLellan Re servoir Foundati on. T . "Le asehold Mo11 gage" shall ha ve th e mcanin e sci fo,1 h in A rtic lc 18.1. U. "Leaseh old Mortgagee" sh all have the meanin g set forth in .lu-t icl e 18.1. V. ..Leas e Year" shall hav e the mean ing SCI fo rt h i.n Art ie.le J.1. W. "Memorauch;m of Lea ,e' sh all ha ve the meaning · fo11 h in Artie.le 1 7.2 . X. "~lonetar> Defau lt " shall have th e meaning sci fort u in Arti cl e 13.1. Y . "Non-Mor ':t ar y Deiauli " shall have the meani 11 g set fo11 h in A11i clc 13.1. Z . "Pre -Developm ent Ren t" shall hav e the meanin g se t fo rt h in Articl e 4.). AA. "Pre mi ses " shall have th e me.1nine set forth in Article 2.2 .A BO . "R ea l Es tate Taxcs 11 shnl! mean all tnxc s, however nam ed, assessed, le vied, or co ll ected , wh ether on an Hd vJlorci n basis ur other ta,i11 g fll el hod on the H \\l f'l.1l1r11}'',C l,1Rfll .11 1) M llri t.c-1 w 11 -:S-I I ) J,~ • • • • l'1c11 1i <e s, l111p rovc 111 c111s, 13uildini;s,, cKI ass css:ne111 s for land, bc t1emie :11 s, and 111 1111 0·1 t·11 ,e111:-1lrn t art! lev ied or ns ~i;sse d on the Premi ses or th e Imp rov ement s by any la•., lu l "··' ,, ;,• . n, fin nlly c\ctmninc<l 111 accordanc e with law , net of an y applicab le ub ntcr:icn L'i, rc lu n<.'.s. or rcb n1cs. ('(" .-i,c,11" :!•qJ I me an the amount set forth in Art ic le 4. l >n . "Site Plan" a!-. 11:f ... 1tcd 1,, i11 Article 2.2 .A and attac hed he re to as Ex hib it F.E "Tenant" is Miller rami ly Real Estate, L.L.C., and it s pc nrnt:ed sucr csso rs or assigns. I "F. "Title Co mmiunent shall have the mea11111g ,ct fo rth in Art icle 3.4 ,G . "Til le Company" shall mean Stewart Ti ll e liuarant y. or such other tit le wmpan y mutua ll y agreed up on by Lan dl ord and Tenant . A. l ease of Premi ses. Fo r the term, uses , rent, and in considcrat i•Jn of th e co venant s and agrec1nents con ta ined her ein, and fo r other valuable considera tion , Landl ord h.rcby leas es to Tenant and Tenant hereby leases from Landlord, upon the fo ll ow in g terms, stipulations, provi sion 5, and conditions, that certain rea l property co n~is tin g of __ ac res descr:bed in Ex hi bit A·l atta ched hereto and incorpora ted her ein by thi s refere nce ("Premise s"). The loc ati on of th e Premi ses is shown on Ex hihit H her eto (the "Si te Plan"). 13 . Ti11e. Landl ord hereb y WilITan ts lo Ten ant that 1t has '.~no d, marketa ble and imurahle titl e 10 the Premi ses, free and clear of any mortgages, pled ges, liens, and other encumbranc e,, subJect only to the except ion s to tiile show n in th e Tt tl e Co 1nmitn1 cnt. J . Qo nd iti on of Premises ; Ten ant Relcas~. Excep t as otherwise expres sly p:·ovidcd he rei n. th e Premi ses arc be in g !ea!:cd in thei r :1s -is c.:o nditi on. Exce pt fo r Landlord1s rc pr esen rnM ti ons and warranties cr.press ly sc i fo1th in this Lea se , Tenant hereby wai ves, re leases, acqui ts an d fo rever disc luu ·gcs Land lord and it s offic ers, di rectors, shareh olders, emp loyees, agents, !>UL:<..:r:::-.~u t:-allll assigns) of and from any and all suits , caus es of action, c\uirn s, demand s. da mage s (actu al and p•Jni ttve). losscs, cos \s, liabiliti es , and exp enses, including attomcys ' fees , of an ~ kind or natur e, in law or in cq ui :y , known or unknown , whi ch Tenan t shi ll or may have or acquire or possess in any way direc tly or indir ec tl y comwclc<l with , bas ::d up on. or arisin g out of Landl orrl 1 1.: use , main tenance, lca .';in g, ownersh ip , opera ti on, and dc:moh ti on of im provement s upon the Prem ises prio r 10 th e Effective Da te o f thi s Lea se; or (ii) th e co ncli lion (i ncludmg env iro nm enta l cond ui on and s:ruc lu ra l fitnes s), stams, quali ty, or natur e of he Premise s. Excep t as otl1erwi sc expre ssly provided her ei n, ,t is th e int enti on of thi s Lea se that an y a11rl all respons ibi lities and obligat ion s of Lnnd lor d, and any and all rigbts or cl aim s of Tenant aga inst Landl or d tis s.rccc sso rs and assig ns and affi li aies , ari sing by v1 r1u e of the ph ys ical cond1t;on of th e P1 e111 ises 1 arc by tb s rclci!se declared nu !! an d vo id and of no present or fu ture effect as to • s uch panics. 4. !l!lli!9vcments . Tenant, at i:s sole cos t and expense, with its own fo r ces or those n f it s crmtrncl nrs, m ay co ns tru ct Improvements on the Premises. All of th e Im provem ents shall co,--.ply 111 all re s pects with all appli cao le govemm cntal requi ,einents. 5 . 3asc~1cn ts. Land lord md Tcnai,i agree, upon the rcaso nabk request of either pni~y to tl11 1 Lease , th e appli cab le governmental agency, or a public ut i:ity, to execute documen ts whi ch are reasonab ly requi red to c reate uti li ty eas~ments, temporary constniction ca1ements, or oth er casc1 r.cn1s rcq11i recl to co nstru ct ;he lmprnveme ms , mai ntain and sen,,ice the Imp roveme nt s o r any other improvcmcots to l;c develo ped o n th e adj oin in g hnds owned by La ndlord, provid ed sud1 cas~mt.:11 1.s du nut unr easo nabl y in terfere ;th eithe r party's use of the ir pro perty. Eac h party wi .l wt dc.ia ke to obtain tJ 1c consen t of its mungc1gce , if any, to any easements requi r'!d und er th's pura~re ph. 6. Possessinn . r .a 11rl ln r<l .,h all d e li\'cr pn sse.~s inn nf the Prem ises to Tenant 0;1 the C01:1111cn ccmm :l Date (as he rein after de fin ed). i. Signagc. Tenant sh all havt: lh t:: rig:1 11 at Ti;11a11 t's t:>.p1.a1sc, ~u cn:a.:l u:1U use pylon s o r m o :iument stgns on th e Premises to the ex '.t·nt penn,ttcd by app itcah le government or di na nces, ru les and re1,,'ll lati ons. A rticle 3 Lease Tenn; Entry; Titl e In sura nce I . Tem1: effective Date: Comm encement Date. This Lease s h a ll b ecom e legally bind ing o n th e Effective D ate . H o w ever, the lease tcrnt ("lt)_itial T er m") s hall comm ence on th e earli er of I) th e dale Tenant comm ences constmction nf the !mprovemcn ts , or 2) ___ , 20 __ : s uch dnte shnll be the "Commencement Dote ." Fo r nuc p oscs of th is Lease, ''conune nces construct ion" sl1 all meuu l11 c: Uatt:: whc n Temml bcgi 1'.s t..:u nstrw.:Liuu uf the fo und ati on fo r an y Improvemen ts . Urtl ess extended as proviced below, the Initi al Tero sh all ex p ir e a, 11 :59 p.rn . on tl1e l2s 1 day of th e cale nd ar month o f the twentie th (20"') yea r Le ase Yenr . Fn r purp oses of thi s Lease , the te.nn "Lc:1st.1 \'ear" shall mea n eac h l wclvc (1 ?.) mnnfri p-::riod be ginning on the fi rst day o f the ca lendar mont h subsequ ent to th e comm encement of l!lt: Ini tia l T enn if the Ini ti al Terir tloes not comm ence on the firs t day of a c alendar 111u nU 1. 0 Ex lcnsio 1LQm iQn. Tenant sh all h ave an opt1o u lo ex tend th e lease term ("F ir st Extensio n Option ")for an add itio n al Gve (5 ) yca:s {"First E'1en s ion Option Pe ri od ''). If th e f'irst Extensio n Option is exercised , Tena nt s hal l hnvc ar optio n 10 ex tend th e lcu se for fo ur addit io nal consecutive tenns, each consis tin g of live (5) years. The First Ex lc11siu11 Opti on a11 d each additi onal ex tensio n option s h all be on the same 1enns and conditio n s as sci fo rt h hcrem (!h ere s ha ll be no options beyond th e opti ons granted in th is Sect ion 2), except the Base Ken t at th e commencement of the F i:st Extension O p tion Period, wi ll be i:i creased as pro "ided in A11 iC'I ,, 4 .3 an d wi ll in c1 case at th e start o f each add iiion.a l Ex.tension Op ti on period as prov id ed in At1ic le 4.3 Sect ion 3(c). Tenalll shall ha ve th e right to c.<crcise its oµti ons by providing • Landio d written notice exer cisi n g its option· to extend 11 01 lcss th an on~ hundred cig!11 y (180) • • • day s pri or to th e expirati o~ of the then current ;enn. As a conditio n of Tenant's right to exercise one or more optiu:1~ to extend the tt.m 111 at ll 1c 1i1 uc of th e gi vi 11 g uf ils 11oti <.;e of ex erci se thtr(.; shall be no uncured Eve nt of Default . 3. T cnant 1s Righ t o f En tr v. Defore th e Cor:1m cn ccmcn t Date, Tenant, its agents, employees. contractors, or subcontrac tors, pro spectiv e lend e r!: and investor s have been give n the ri ght of acc ess Lo the Premi ses to tes t, 'nspcct, and evaluate th e Premi ses as Tenant dee med appro ;,ri ate . Tcmmt shall promptl y rc~tort: a11 y alte rat ion s mad e tu Lh 1;; Pn:111 it-cs by Tenan t, ur ,:t T ~nan t 's in stan ce or re quest, and Tenan t shall pay fo r all work perfo , ~ I by Tenant . or at Tenant 's in stance or req uest Any and all li ens on an y portion of lb e Prei niscs resulti ng fr om tl ·.e actio ns or reque sts or otherwise at th e ms tance of Tenant shall be rem ,,vc d by Tenant at it s exp ense wi thi n Lhii1Y (30) da y., afte r noti ce the reof is give n to Tena nt. r ,•nan t shall , at Tena nt 's ex pen se, defend , inde mnity, and hold hannlcss Lan dl ord from and agai1, ' .ui y an d all o bhgt tions, cla im s, loss, and dama ge, in clu din g co sts an d att orneys' fe es, to th e exte nt the sam t a1e cause d by Tenant's ent ry upo n or ins pec tion nf the Premi ses. Tenan t shall pro virle I .an<il nrrl in a conui1erciall y reasonab le ti mefram e with co pie s o fte st and reports obtai ned by Ten ant. Tenai,I 's ob lir;a t,ons un de r U1 is ,uh sec:io n to res tor e, to r,ay for all work , to remove hens , and to defe nd indenuiify and hol d Land lord han nlcss sha ll surv ive th e 1crminat ion of tlt is Lea se. 4. Tal e Jns urance . Land lord has pro vided Tenant with a Title ln sura nce Com mit me nt ("Title Commil:r.l ent'') with an Effective Da te of __ issu ed by ___ . Lancll orrl will pa y the prem ium for th e leas~ho ld ti tle insuran ce policy described in th e Commitm e nt and may ~se u portion of tile Deposit to mak e such pay,~~nt m.1 wi ll cause th e po li cy to be del1v ei·ed to Tenan t rdler th e Comm encemen t Date . Article 4 Rent I. Co ~slruction Rent. Te nant ~hall pa y to Land lord, m United Stat es Do lkrs, ren t ("Co nstruction Rent") ir, th e c :,ual amou ,·t of S.J.$0.39 s.fj_, payable mo nth ly in th e amount of$ ___ . Co nstru ction Rem , hcd l be payaolc in eq ual mon thl y inst allm en ts, comme ncin g on tlie Com me nc eme~t Da te, and con tinu ing un ti l th e "Base Rent Start D2te, as here inaft er defi ned. 'l11 c "Bn sc Rent St111 ·t Date" shall be :he earlier o f (i) th e <lute Tenant open s for bus in ess to th e 1n bli c on the Land or (ii) , 20 . Co nst n ictior · Rent shall be payable in ad vance on the fi rs t diy of ea ch calen :lar month , wi ti1 appro pri1t e pro mt ion r r any partial cal endar mon th , at il1c aC d,css given for La 11dl ord iu Sec ti on i7. 2. Ba.sc Ren t. Tenant ,hail pay to Land lord. in Un it ed States Do ll ar s, be1pn n ir.g on tl1 c Bas e Rent Start Da te, Base Re nt in th e aruurnl arn ou ul of $~Ll;0 .75 s.f.J , payab le mon thly in 1h r am ount of$ ___ . Base Ren t shall be pay abl e in rnnnthl y in sta llm en:s, in advance on th e lirs t cay of each calendar month , with appropri ,1te prora ti on fo r ,.ny pal1i'1 1 ca lendar mont h or Lease Year, at th e add ress given for La ndlord in Arti cle 17 hcreot", as such addr ess may be c·1a:ised in acco rda nce with Article I"/. Th e Base Rent shai l be adjusted as provi ded in Para11:ra ph 3 of this Arti cle 4. La ndlord shall apply the Depo sit (inc ludi ng acc rued interest), inclu ding any a~1oun t pl id fr om the Der os it fo r the cos t of th e Tale Polic y as pro v ided in Ani cle 3.4 , fir st lo the Co 1n tru ct·on Rent and any t.:xccs:s to 1hc Dase Rent. 3 . Rt.::n t Atiju st1mmts. A . Ra se Rent shall be adj usted <luting th e Initi al Tenn a s follows: i. Lea se Year 6 thru I 0-annual rent of$ ___ . ii . . Le ase year 11 t:u-u 15-annual rent of$ ____ . iii . Lease Year 16 thru 20-annual rent of$ ___ . B. L, th e event Te nant exercises the First Extens ion Option, commencing on the fir st da y of th e Firs t Extension Option Period , the Ba se Rent s hall be adjusted as follows : i. The Base Rent shall be an amount equal to $ [Base Rent 011 Base Re nt St~11 Date] multipl ied by th e perce11ta ge in crease in the CPI in dex (as defined below ) from the S.1se Rent Start Date to th e l as t d ay oft 'ic 20 year I111 tial Tem1, b ut in no event shall Ll1 e Bas e Rent bq;inn; g Ute Grs. <lay of the First fa tensio n Option Period be iess than the Bas e Rent for Ut e ye ar muneciiately preceding the First Extensi on Option P e ,iod. ti. Hy way o f exat:iple of the adjusunen t to be made under lli e • preceding s ubparagrap\ if assuming(A) the Preniises consist of7 acres, ur 304,920 square fee t, (B) Base Ren! at Base Ren t Start Date is $228,690 • annually (304,920 square feet times $0 .75), and (C) the C PI Index has increased 45 ¾ from the Base Rent Stan Date thru the la~t day of lbe IJ:i,ial Tenn, then the Base Rent on the fir s t day of the First Extension Period would b e $3 3 1, 603 .40 annually ($228,690 times 45%). Based on the same ass umptions, but the CPI Index only increased 30%, and the Base Rent for the las t year of th e ini tial Ten n was $304,386 .3 9, the Base Ren commencing the fir s t day o f th e Fi rst Extension Option Period would rcmaiu at $304,386.39 . C'. In th e even t Tcnrtn t exerc ise~ one (I r more r1dCi tio nnl op:iom•, the rent shnll be inc reased cffe clive on the fir, :ay o f each fivc -yeor adJi:iona l optio n period, (in each case, the "A djustment Uate"), by 10% o! the !:las e Rent in ctrect d unng th e prior :i ve - ycar optiot: peri od . D. As used hcrci1 :, th e C l'l lnd cx shall rn ean · i 171c: Cunswnt:r Pr il,:C:: Imltx for all Urbau Cu11 sw111::rs, Dtnvcr, Bo ul d~ •. Metro Arca -All Items [ndcx (C PI-U , 1982-84 eq ual s 100). publi shed by th e United Swt cs Department o f Labor, Bureau of L,nbo r S.ati st ics. If the CPI Index is publi s hed w :th numbers issued other than on a momhly basis, th e CP l Index shall he the C:P I Ind ex number publ ished fo r th e cl ate closest lo th e Commencem ent Date o r the appli cable Adjustm ent Date. • • • • ii . lf 1hc CP I Index ,s di scon tinu ed, 1hc CP I Ind ex ad ju stm en t shall be ma d<: usi ng comparn blc sla lis1 ics 011 th e cos! of li ving for th e Der.v cr. Bould er metropolitan area as co mputed and pub lis hed by any agency o f 1he '..Jni1ed Slates Govemmcnl or by a re spo nsible financial period ical or reC06'11iz ed au th oti 1y se lected in the rcasonab · ~ di scretion of La11dl o1 d . 4 . Ne! Lease. Thi, Lease is a 11c1 lease . Ex ce pt as ma y be expressly pro vid ed otherw ise in thi s L~ase, all cos ts incurred · · co nnection with the cun str w.;t ion, opera tion , main1 c11ancc and lea.sing of 1h e Im prov ·men Ls and all Real Es tat e T~e '1d otl 1er cos ts incurrec in conncc1 1on with and in relation lo the Premises s1,~l l be paid by Tenar, Landlord shall have no ob li g,.lio n lo mak e an y ce pair s, ccplaceme nl s or rer.cwa ls o f any kind, ·11urc or desc rip ti on what soever to the lmpro vcm enl s or the Prem ises . 5. Se c:.11itv Depo s!I; Pre--Uevcl opmenl Rem. In connecl i<>n wi th a Lcucr uf l11 k11t ("Lcll cr of 1ntenl") h r.tween ancl l.a11,ll or rl and Tenant da led May 24, 20 1 I , TcMnt pa id a scc uri:y deposit ("Deposi t") lo Ste wart Title Guaranty Company , a., Escro w Age nt and th e Escro w Agent invest ed 1hc IJ epos il in an int eres t bearing ac cou n:. Subsequ cnll y, the Esera ·•• Agcn l pai d amo unts of 1he Depos it lo Landl ord pursuant to !he term s nf th e I .<sli er o f lntc11t , includ ing, but 1101 li111ited lo, pa y.ncnl s of$ 10,000 a month (Pre-D e,elopm en l Rent"). Up on p2ymcnt of the first mon thl y Co nstru cti on Rent payment, all Pre -Ueveloprnenl l<ent shall be npplicd to the Construction Rent. From and after the Commence ment Date, th e esc row agent sha ll pay to th e Landlo rd any unpaid Con stru ctio n Rent fr om the escro w fund unti l such 1im e as the esc row fund , includin g ac cru ed intere st is exhaus ted . In the event Tenant dcfau:ts und er !h e terms o f this Le ase, th e balnn cc of the escro w fund , in cludi ng accrued interest shall be paid to Landl ord , to apply against any and all amounts due as a re sult of such default, :ncludin g any damages, atl ome ys ' fee s or oth er co sls due Landlord. 6. Credit s Against Ren t. Und er the lenn s c,f tl1 e Lctt eroflntent , La nd lord agree s to give Tena,t cred its agains t the Rent ("Ren. Credit") in !he amount equal lo !he sum of (i) $5,0 00 or r, fl y pccce111 (50%) of the cos ! in cu 1Ted by Tenant for pl allin g th e Prem ises, whichever is less , and (ii) one hal f (1 /2) of the ccmmi ss ion p1id by Tenant to th e Broker cut no! to exceed one-half (1/2 ) ofa total co mmis sion amount equal to 3 .5% ufthc gross 'lalue of tl1e fi rst 20 yea rs oftl,is Lease. The Iota! Ren ! C redi! w i'I be d:vi ded by 24 and !h e re ·ult wi ll l.,c a['µlierl agai ns: the fir st 74 1110111hs nf Ren, paya hl e d ur:n g the In it ial Tenn before any c.Tedi1 fo r Pre-Dev elopment Re n! and befo re pa :snen ls are made fr om th , esc row fund . I. R r.al f'sl ate Tax es. Article 5 Taxes A. Ou,ing 1h e lcnn uf tlt is Lease . Ten ant sh all a.ssu11 1c , pay , bear, and rl isc harec any and all Rea l Es tat e T2x es wilb resp ect 10 the Premises. or any part !hereof, an d all oth er laxes in aay manner appli cable to or as sessed against tl1 e Prem ises or Bu1ld111 gs or any pa ,t the reof, o, ag ai nst any of the ma ch inery , fi xtures, eqc •pmenl , ~r othc, pro pert y or it ems. Tenan t sha ll pay all Real Es1a1e Taxes direct ly to !h e tax ing au1hori li cs and Ten ant shall be credited all reimb urseme nt s on acco un t of ab a1e111 c11:s , refu n ds, 01 rebates of Real Es :a tc Tnxcs during Llic te rn, of th is Leu s e. La ndlord hereby • a uthorizes Tenant to flle and purs ue a ny protest of th e va luation o f the P re mi ses an d abatement pcti1i nn s fnr a bateme nt of taxes for any re,,snn , as T en ant m:iy deem to be appropriate. Landlord agrees to exceu1c un y fo nn of a1,,rccmen'. as may be necessary in co nn ecti on therew ith. B. In the evenl the Pre mi ses arc now included in a la rge r tax parce l owne d l,y La nd lord, Lan1l ord shall take s"•oh ac1 iu 11 s us may be necessary 10 make the Pr em ises a sep arate Tax Parcel. Tenanl sha ll cooperate wi th La nd lord in s uch nction. C . In the ev ent ~:ere is a special assess ment whi ch is incl uded wiU1 in th e defi n i11o n of Rea l Esta te Taxes herem, and s uc h assessment may be pa id in periodic in s rall ment s , Tenant shal l p.1y s11 ch in su c:h pe ri odic insta llment s o r may prepay or retir e th e pri n cip al indchtcd ncss on any special assessment and Tenant s h all be 1cspun sible onJy !or those ins tall me nt s relat in g 10 th e p e1i od included within t h e term of thi s Lease, based u po:, th e maxi m um :rnmber ofi nsta ll m enls in which th e same may be paid. [n 1he event o f any pr0 pos cd ~pe ci nl ass essmen t wc:uld pro vide for µay11w11 l :;xlc1u.:.ing l,cyorn.J the le nn ofth,s Lease (excludi ng an d ex ten si on per:orl), u:i less Tcn anl agrees lop?.)' fo r all of s uch a ssessment. Landlord shal l have th e right to pa,1ic ipa le in h e pcocess of app ro " ing o r rejecting such asse ss me nt. D . Landlord sball cooperate with Tenant so th at a ll invoi ces fn r Real Fstate T a xes shai l be sen! dircctiy b) th e taxing a uthorit y 10 Tenant. E . Land lord agrees to s ubmit 10 Tenant any invoices for Rea l Eslate Taxes and noti ces of s pecia l assessment s with respec t lo th e Pr emi ses w hi ch are sent to La m.llurd with in Uli n y (30) days after r ecei pl by Landlord. Lan dl ord shall furni sh T e na nt wi th copi es of all No,ices c,f Valu ation of the Premi ses wh ich arc sent to Land lord w ith in ten ( 10) days after receip t tb••et1 f and in su fficie nt tim e to all ow Tenan t to d eterm ine w hether ur not to contest an; in crease in Re~.l £stale Taxes or va lua tion. If T e nan t desires to co nt est s uch in c rease, Te n an t sha ll protest s uch valua ti on or fi le an a b a tem ent p e titi on wi th in app li ca b le statutory ti me periods. Land lo rd shall :ully coopcra 1e wi·th T enant in any such proceedi ng . 2 . Pro rnli on o f Taxes. lf 1h c Tenn shall exp ire on any date oth er than December 3 1st of any year, the amuunl payab le by Tenan t du li ng U1e c alen dar year in whi ch sud·, term inati on occurs shall :,e µ.orated on the ba~is whi ch the number o f days from the comrn c n ccm ~nl r f said tax foca l year 10 and in clud ing sai d ,cnninatio n da le bear, tv 165. A s,mil ar p roration shall b e made for th e tax fisca l year ,n whi ch the Teim commence s. 3 . Perso nal Propertv T llx es . Tenanl shal l pay all taxes charged a :~a insl lr J•lc fix tures, furn ishings , cq uipmen l ur an y o th er pcr.;onal prop~'rty b elo nging 10 Tenant . Le ss ee may contest any s uch persona l property taxes, assessme nts or va luati ons ; provided , however, Tenant sha ll do so within th e ti me period pem11tted by a p pl icn b lc statu tes. 9 • • • • • Article 6 Utilities I . Utility Usa ge. Tenant sha ll ass ume , bea r, pa y, an d di scharge as its so le and se parate ob il gall on all of Ilic appli cabl e charges for all utilit ies cons um ed on the Premi ses. E>:cc pt in the even t of an eme ree.ncy , nei th er I .a nrl lnrd nor Tcnai:t sha ll take a,1y ac ti on whi ch sha ll in terru pt or inte rfer e wid1 any elec tri c, ga s, water, sewage, or tel ephone se rvice to the Pre mise s or to th e adjo.ning µro peny owned by Lan dl or d. Article 7 Use : Sublctti11 g, and Ass ignment l. Use. Te nant ma y u se and occ up y tl1 e Pre mises duri ng the Tenn of the Lease f'or all lawfu l uses in acco rdance wit h the req ui re ments of this Lea se. 2. Assim1mc:nt an d Sub letti ng A. Pri or to the Ba se Rent Stan Dat e, Tenant sball have th e ri ght to subl et all or any part of the Premises or ass ign thi s Lea se up on La nd lord's ;·11i or writt en c,wsc nt whi ch shall not be un reasonab ly withhel d. After th e B .. se Rent Start Date , Tc :iant will hav e th e ri ght to suble t all or any part of the prer:ii scs or as sign thi s Lease for any law ful use without Landl ord 's co nsent. B. L1 Uie eve nt Tenant su bleases part or all of th e Premi ses, th e ren t or other eo:isi derati on pa yab le un de r such s uble ase is l,'l'C atcr than the Base Rent due hereun der appl icable tu the sub leased portio n o f the Premi ses, th en Tena,,t sha ll pay to Landl ord one half (1/2) of such exc ess am ount, after fir st re coveri ng Tenant's Transa cti on Cos ts as hcrcinaOer provided . Any ex cess amount pay able tu La ndl ord sh all be payable fr om time to time onl y as when Ten an t r eceiv es the rent from its sub-te nant. If Tenant ,r ss'ens I hi s Le a.se and Te na,,t rece ives comp ensa ti on in add ition to the ass ignee's agreement to make the paymcntS clu e un der thi s Lease , Tenant sha ll µay to Land iord o ne ha lf ( 112) of such ev rnµensat ior;. ln calcu latin g a,,y excess rent or co mp ensa ti on fo r u sub lease or ass :grrn en t under th is Para gra ph B, Te nant shall fi rs t b e re imbu rsed fnr it s co sts ("Tenant 's Tran sact ion Costs") in con nect ion with such sublca~e or ass ignment and th e Pre mi ses cov ered th ere under, incl uding but not limi ted io any si te work, any appro¥als obtained fro11 1 governm ental agen cie$1 nnd engineerin g or sun1cy wo·.k, any deve lopm e>i t fe es pai d to any govc nun en tal agency and any co mmi ss ions or n,lrketi ng costs . C. Any ass ignment or suble :ting shall be effec tive onl y up on delivery to L,md lord ofan imtrnmc:it effecting an assign ment or subl ett ing of th is Lease by Tcnarn, executed by Tc mu,I ,u ,d tl,e as sign ee or sublcsscc. Eac h assignee shnll ogree to ass um e. be bound by, e.nu perfo rm nil terms, cove nant s, and co nditions of this Lease to be kept and perfonned by Tena nt an d whi ch a1ise after the effective d ate of the assignmcut. Afte r cxecutro n of the ass ignmen t or suble ase, Te nant wi ll for-var d a co mpleted copy thcm lf to La ndl ord . 10 D. In foe event Tenant sublea ses or ar.:;ign s thi s Leas e, Tenont :;h ull • remain li able fo r all of Tenant's obligations to Lanc lord a:ising :iereund er, w1les s: i. Tenant ass ib'TlS all rig ht , title and intere;t und er this Lease to :,.n assign ee who as sumes and agrees to pay an d pcrfo n 11 al l of th e T~na11t 's obli ga ti ons her~under pursuant :o an Assum ption Agre ement reasonab ly sa tisfa ctory to Landl ord; and ii. The assignee provides evidence rnasonab ly sattsfaeto ry to I .an<llord th at it has a net wo1 1h in exces s nf t I 00,000,000 .0(1 and h as liquid assets at least equa l to the Base Rent payab le under this Lease during the twenty -tour (24) mon th s follo wing such ass ignm en t. Article 8 [Intention all y Omilled] Article 9 Med: nics Lien s I . Liens . Tenant s hall promp tly pay when due th e entire cos t of nll work done to the Prem is es by or at tl,e request of Tenant (includ ing but not limited to work done prior to the Effect ive Da te) and Tenant sh all keep th e Premi ses free of liens for labo r nr ma terials . Shou ld mechanics', motcrinlmcn's, or o th er lien s be fi led against the Premises, Te nant shall cause the li en to be canceled and discharged of re cord, or shall fil e a bond in su bstituti on of Jie mecharn c 's • li en in accordance with the provisions of Colorad o Revi sed Sta tute 38-22-131 , et seq., withi n fo11y-five (45) days o f Tenant 's recei pt o f noti ce of such lie n. No t,.iU1 samdi 11g !he fur ~gui ng, Tenant may contest , in goo d lailh and with reasonable dili gence, the validity of any such lien or claimed lien , prov ided th at Te nant shall give to Lan dlord s uch sec urity as Land lord may reasonably request ens ure the p aymen t of any a111ounts claimed . If the Tenant contests a li en or clai!'l ed li en, then on final de le1minatio n of the li en or claimed li en, th e Tenant shall cause th e lien 10 be released and, in the event of on adverse judgm ent, sa tisfy s uch judgment. 2. l'.r.o tec,i9.o pf La n<ll onj's In terest in P:cmi ses. No thing in th:s Lease sha ll be co nst11.1t!d as giving Tenant or any o ther pen;o n any right , power or auth ority to uc l us ugcn t o f or to co ntrnct fo r, or pc1mit the ren dering of, any services or the furnishing of any mat e1i als ,n s~ch ma nner as would give nse to th e filing of any mech ani ::s ' li c:i s or other clai ms :ignin st the fr.e of th e Pr emi ses or the im provements thereon. Land lord shall have th e right at all I casonablc tim es to post, and kee p posted, on th e Prem ises any not ices wh ich Landl ord may deem necessary fo r th e prote ct ion of Lan dl ord and it interest in the Premi ses and th e improve men ts th ereo n fro m mech anics' li 1.:11s ur o ther claim s. Article LO h11lcmnity and In s urance I . Indemnity . From an<l after th e Effec tiv e Date an d co ntinu ing at all l,mes th erea fte r du ri ng ,he Term hereof. 11 • • • A. Tenant assum es all ns l: of loss, dama ge, or dcslJ'UCtion to the Premi ses, lm 1:rovcments, 3uildings and contents, or to any other prop erty broug.lit upo n th e Premises, lmprovemeu ts, ar.d Bui ldi ng by Tenant, or by any other perion , w ith or with out che cvnse nl or knowledge of Tenant. Tenan t hereby ind emni fi es and agrees to protect and defe nd Landl ord from all such loss, damage, or destruction incl uding claims and cau ses of ac ti on ass ert ed against Land lord . B. Tenant shall indemn ify and save hannl ess Landl or d from any and all cla im s, los ses , dama ges. or exp enses , o n account o f inju ri es to or death of an y and all persons whomsoeve r wh il e on th e Premises, and any and all loss o r d estru ction o f or da mag e to th e Prem is es, the lmp rove me nls, the Bui ldmg a~d any co nt ents nnd personal pro pc11y loc1ted up on th e Premises and o,,,,,ed by, rented to, or in th e care , cus to~y, or co ntrol of the panics her eto, or any of T enant's subtenant s, aris ing o r growing ou' of, or in any 11:wm~r co nn~ctcd with: (i) any use and occupancy of th e Premises by Ten .ui· or any s11ht<:nant s for a Permitted Use or ot he1wise ; (i 1) caused or occasioned , in whole or in par1, by reason of or ari sin g duiin g the pr ese nce up on the Premises o f th e person or .he prop e11y of th e Ten ant, its officer s, em pl oyees, agc~ts, sub tenants, rent ers, cus tomer,,, invitees , li cen sees, serva nts , co ntractors, s ubco ntracto rs, 111aterial 1 ~c1 1, suµµ11 c::r s, wo rl<m en, laborers , and th e em pl oyee s an d age nts of each o f the fo regoin g, or any nn<I ,:!\ other pe rso ns , invi ted or othcn, ,s c, with or without Tenant 's co nse nt , whi le o n th e Premi ses ; (11i) arising out ofor resultin g from Tenant's development , sale 01 market ing o' th e Premi ses and/or th e Improvements; and (iv) any plan s or designs for the Improv ements prepared by or on behal f of Tenant. C. Te nant hereby in demn ifies and saves hannl ess Landlord and any of it s offi cers , mem bers, con tra ctors and agents from any and all claims , lo sses , damage s, or ex pens es, on acco wit of inj uries to or death of any and all person s whomsoever, and any and all loss or <lestruction of or dam age to any real or personal prop erty adjac ent to the Pre ,nises, i;u used by Tenant ur any uf its employees , mana gers, members, officers, co ntractors , subcontrnctors , ma lcrir1 lmcn , sup pli ers, workm en, lab orers, subteuru1t s, ren ters, li ce nsees , se rvants or agen ts. D. 11w fo regoing indem ni tie s shnll not upp ly lo an y inJurics, <i cath , claim s, losses, damages and expe nses to th e extent aris mg as a re sult of any negligence or intenti onal acts of Landlord or its o ffic ers, em pl oy ees , co ntract ors or agent s. E J..andlo rd her eby ind emnifi es and save s ha m1 less ·1 :nant , to the exten t pe m:i tte d by law, Cro m any and all cla ims , lo ssc ;, carn age ;, or expe nses, on accowi t of injutics to or deat h of any and all rersons whrrn ·, ,e ver while on the Prem ises , and any w1d all loss or <l esLruct ion oi or damage to the i'1 ~mises, th e Improvements, th e l:lui ld ing and any c:o nten ts anrl pcr sor.a l pr o,1e 1ty located up on the Premises and owned by , rented to, or in th e :are , custody, or co ntro l of Ll 1c i,,,rti es her eto , or auy of Tenant's subt enants, a, .~ing from the negligence or willful mi scond uct of Landlord, its offi cers , empl oy ees, or ag t"11ts 2. Apo ear an d Defend . Land lord and Tena nt furthe r agree, tJ ,at ,fit is th e i:,.1cm111 fy 111g party , tha t ll will aµpear and defend at its own ex pens e, 111 the nam , 1nd on be half 12 I-' \MF ahc11 v\EM1.F\(..•1ry· Mille r Le-'sc IJ -2S-11 dtic: of the indcrnniiied party, all claims or s uits fo r inj w·ies 10 01 death of pe rs ons 01 lo ss or • des truction of <>r damage 10 property arisiJJg or growi ng out of or m any mann er connec ted wi th or ca used or occasioned hy or in connec tic,n w,ih its in1emniti es se : forth in Secti on I of th is Art icle IO. 1 I nsuranr.e . A. Prn µertv Damal\.~· Du rin g the pe,iod of co nstruct ion, Te nan t sh all keep ur re qui re it s genera l co ntr actor to keep, a pohcy of bu ilders ri sk ins ura nce coveri ng !o ·· or da mage to th e Improvem ents fo r the fuil rcp la cc mc11 t cost of nll s uch constructio n, na mi ng Ten ant's Lea seho ld Mortgagee, 1f any, as a loss payee. Du 1i ng the Ten n an all optio n r crioris, Tenant shall keep in fu ll fo rce and effe ct a policy of all ri sk , special iv m1 or equ ivalen t fotm prop erty iil sura11cc covc:Iing luss or dama ge to th e Premises in the amoun t of the full rep lacem ent cost of th e Building and oth er improveme nts on th e Properl y, in an amoun t at leas t equal 10 the hard co sts of cons tru cti on , wi th u dcd uct,bl c that is cu,,u nercia ll y reaso nable in light of Tenant's financia l str ength, nami ng Tenant 's Lease hold Mortgagee, 1f any , as a loss payee . D. Linb ili tv In sur ance . During U1c Term , Tenant shall keep in fu ll fo rce co mmcrc:al general lia bil ity ir.surance or garage liab il ity insuran ce (co ll ec1 ivc ly, "C.(';f ,"), with bod ily injury and pro perty damage cov erage with res pect to th e Prem ises aud business upcrnt cd by Tenant, wh ich shal l nam e Landlo rd and , at Lan~lord's wntt,•r -cqu est, Land lord's first Mortgagee as additi onal insmeds as th eir respecti ve interes ts may ap pear . 17 ,c lim its of s uch CGI.. po li cy shal l be not less tl 1a11 $2,000,000 .00 co mb ined single limi t fo r bodi ly inj ury and propert y dam age, wi th a dedu ::tible th at is comm ercial ly reaso nable in li gh t ofTc-n ant's financi al strcogth. Th e COL poli cy combi ned single limit fo r bodily injury and propert :1 damage rcq uircrr.eot may be increased by Land lord, but not more than once 111 any three (3) ye ar peri od, to a comm erciall y pn 1dent and rell so nabl e amo unt , based up on ,he tl,en current general liability ir.surancc condi tions pr eva ili ng in the metrop~iitan Denver mark et. C. Worl<ers' Com pensati on In sura nce . To the c,tn ,t rcq uire<l by bw, Tenan t shall mai utnin workers' compensation ins urnncc cov eti ng its c11 ,ployces in statce tory hmits, naminr; Tena nt 's Leasehold Mo rt gagee, if any , as a loss pa yee . D. Automobi le !.-iahi li ty . Tenant sha ll nmnt am at all times duri ng the Tenn garage liah il ity insurance co veri ng Ii abili 1y ari sing out of th e use of (i) al l Te11w11 owned ve hi cles, (ii ) all vehicle s lured or lcast:d by Tenalll and (i ii) al l non-own ed and borrowed vehi cles. E. forrn o f Poli cies. All in surance requi red by tl 11s Sec tio n shall he with ins ur er$ licensed or otherwise pennittcd to co nduct hu sincss in th e stat e in '"hi ch the Prem ises are located. 1'1l1y in s uran ce here under may be provi dcxl 1.111J er ~hutk<'t policies of insur ance . Pro pen y ins uran ce maintained by Tenant pursuan t to su b paragrap h A of thi s • Seer in n sha ll nam e. Tenan t as ins ured and Landl ord as additior.al ins ured , a.s thei r in terests • ma y ap peu in acc,:irdancc with Scctio11 11 .3, <1J 1d , so lung as the Premises are mongaged pu rsuant to a mortg age of which Tenant has received wrinen notice , shall he snbj cct to a 13 M \MFl:ihmy\l:.Mltf\La~ M 1tlc1 LcJ~r 11 -:!!'I I l l d('C • • • sta adard mortgagee clause 111 favo r of Landl ord's fir;t mort gagee. All insurance maintai ned by Tenan t pursuant to subpai agraph 8 of th is Secti on shall name Tenant as insured and Landlord as add itional msured, as their mtm:sts ma y appear, •nri, so lon g as the Pr~mises are mortgaged pursuant to a mortgage of which Tenan t has received wri tten notice, shall be subje ct to a st'lll card mortgagee cla use in favor of Lan dlord's first m ort gagee. F Poli r.y Provi sio ns. All po li cies of in surance (o ther thin self-ins urnncc) enume:·ated above shall be provided by in suran ce carriers having at policy co mmen ce ment a Bc.;t rating of not less th an A-Vlll ; provided, howeve r, that ,f the rating o f any such ;_nsu er fal ls bel ow such level , such rating redu ction shall not co nstit ute a defa ult he re under provided all renewals of such policies shal l be with carriers with a Bes t ralin g of no t less than A-Yul at the ,ime of such renewal. An incrca;e,i coverage or "umbrella" policy may be pro vided and utili7.ed by either party to increase tic c.ovcnge pro vided by ind ividual or blanke , policies in low er amount s, and th e aweg,11 1· ·:r ,ve rc,r,e pr ov irl ed by all such pn li cies wi th respect to the Premi ses a.id Tenant's li ability Iv , ,,1der shall be sa ti sfact ory pro vi ded thnt such polici es otherwise co 11pl y with th e provi sions of this Sect i on 11 . G. Waiver of Ri1•!11 o fR ecoverv and Subrogation. With rcspett to any loss c.:uvcred by i11surance or requir ed to be covered by ins uran ce here under, Lan dl ord and Te:i:mt hereby waive any and all rights of recovery against each other foe any loss or damage lo the Premise s or th e co nt ent s contai ned therein, or for loss of in com e on a :c.o un t of fu e or otl1er cas ualty; an d each paity's aforesaid polic ies of u1suran cc shall, to the extent available , contain appropnate provi sions reco gruzmg this mutual release and wa iving all right s of sub ro gat ion by th e resp ecti ve insurance carriers. H. ~ ;dence of In suran ce. On or befo re the Conunence:nent Dete, Tenan t sh all caus e to be issur.d to umdlord certificates of insurance ev idencing co mpliance wi th the app li cable cov enants of tbis Articl e 10. Ter,an t shall use commerciall y reasona ble efforts to ob:ain from the-insurer a certifi ca te which prov ides th at th e ce rti fica te hold er wi ll b e given at least thirty (30) days ' notice prio r to cancellation ; provid ed, however, if Tenant is w1 abl e to obtain such provisio n, th en Tenant agrees to pro V1 cle to Lan dl ord at leas t thii iy (30 ) days' not ice of any an ti cipa ted ca nce llat io n of an existi ng insurance po li cv. I. Sel f fn sura nce . T~n.mt shall huve the ti ght 1c sel f-in sure in li eu of providi ng th e msurance required under tlus A:1iclc provided it co mp li es with all of th e fo llowing: (i) Tendnt shall hav e deli vered lo Land io rd a certifi c.at io n from an independent pub lic acco untan t rea sonabl y sat isfactory to L.,mdlo rd U,a; as c f th e en d of Te nant 's most rece ntly ended fisca l year, Tenant ha d a net worth of at leas t S I 00,000,000 .0u co mput ed in acco rdance with Gcnernll y Acccp led Acco unti ng Princip le s, co nsi stentl y app li ed, (ii ) Tena nt has de li ve red to Landlc ,d an Agreem ent reaso nably sat'sfo cto ry to Land lord agreeing to indemnify and hold Landl ord ha m1l es, fro m an d aga inst any loss and lia bility to the exte nt such loss and li ab il ity wo uld hev~ 14 H \M F\J'1c11;·'.€Mllt"-1ny M1llc1 Lc:nc Q,1&· 11 l :h1c Ueen covered w1der the policies of insurance requi red under other prov isior,:; o f • this Article, an d (iii) Within 90 days after the e nd of each f.scal year, Tcr ant has dcl ivereu to Landlord a cc11ificatio11 fro111 ,n in<lcpendc nt publi c acc,,•rn ta11t reasonably sati s fac to ry to Land lord that as of th e end of the tiscal yeu JIJ~t ended, Tenant had a n et w01'J1 o f at least $100,000,000.00 comp11ted in accor Ja n ee wi th Generally Accep ted Accountin g P1i nciples, consiste ntl y applied, and ifTenMI fails to deliver such certi fi ca tion witl1in the time req uired, Tenant will immediately o bt ain th e insurance. re~u irecl by, and c.rnnpi y with, the e,l her provisions o f th is Article . Arti cle 11 Damage o r Destruction Suhjcct to r .a ndl ord's ri ght as provided in Sectio n 11 .3, if the Pre r.ii ses or any o f the Improvements nrc dn.m ngcd or des troyed during the Ini tia l Tem1 or un y ex tended tcnn by a fire or other ca.:;uaity ("Casualry"), this Lease shall con tinue in effect, and T r.na ,11 sh all c.1nti nue to pay the Rent without abatement. Tenant shall remove and di spose o f uii hazard o us mntcriols in occordnnce with applicable legul req u irement s >nd take su ch action as may be r equ ired under ap pli cable muni c ipal ordinances and other 1"ws, rules ai 1d regula tions with respec t to an y dam age or destruction of the Tenant's Improvements. Tenant shall not h ov e any o bligation to repair and/or rebuild the T enant's Improvements damaged b y fire or olher casualty or cause. Tena.~t shall promptly provid e a si gh tl y barrier and s hall re move nil debris fro m U1e damaged portion of th e Ten ant 's Im provements and use di li gent eff~rts to place the Premises in an orderly and safe con dition . If requested by Landlord sho uld Ter.ant elec t no t to reb ui ld , Tena:i t shall, at its sole cost and expense , raze and remove any rem aining portion of the Tenant's Improvements nnd fi ll and grade lhe Premi ses in o sa fe and sightly manne r as existed on the Commencement Date , or seed such portion of th e Premisr.s as designated by l.ondlnrd . 2. In th e event Tenant elects to repair a,1d/or rebui ld the Improvements, if th e cost of s uch rep air or restorati on shall be le ss than the m surance p roceeds pai d a s a result of the Casualty, T enant shall be entitled to re tain th e balance of su ch proc.e.e.cis to the extent nut requi ,·e<l tu ue a ppli u l to an y Lca.,chuid Mortgage. Tw ant shall comple te al l work prom ptl y after the o ccun-en ce of th e Casualty. Ail repai r and/or res torati on worl · s hal l be pcrfo m,ed in a good ao c workmanlike m a nne r and shall b e subj ect to all p rovis ions of this Lease applicabl e to construction oflhc improvements. ,. In the evP.n t a C11s 11aily ocu ,rs and the Ten an t elects not to repai r an d/or • reb u ild, T e nant shall g ive written noti ce to Landl ord w ithi n one hundred twenty (120) days of th e d ate of the Casualt y o f s uch elect ion, a nd Landl ord shall then h ave the optio1:. e,errised by writt e n noti r.e lo Tenant on nr hefnre the earli er c f (a) one hundred twen ty ( 120) days following written notice from Tenant of its clcciion not to repai r and/o r • rebu rld , o r (b) two hundred forty (240) days fo ll ow111g th e date of th e Casua l:y if T ena nt t S • • • has fo iled to comme nce repa ir or rebuilding by such time (in whi c h case Tenant shall be dee med to have ele ~tcd no: to repair or rebuil d), to continu e th e Lease to the end of the then cwTcnt tern,, in whi ch case there sha ll be no abate ment of rent, an d the insurance proceeds shall be pei d to Tenant except to 11c extent requi ,·cd Lo payoff and d ischarge any Leaseho ld Mortgaec; provided however if the f:asualty nc cur,; d uring th e las t two (2) years of tl1e then current le:m 2nd Tenant has elec ted or is deemed to ha ve elected 11ot lo re pair or reb uild, Tenant sha ll be entitled to retain the balance of such proceeds lo the ex tent not requi red to be ap pli ed to any Leasehold Mortgag e; suc h proceeds shall be used 10 pay the pre sent va lu e of an y Rent remai ning durin g th e tenn of th e Lease and the cos t of removing of tl1e B uildin gs and Improvements, clearing of debris , removing fo und ati ons and footings, and re stori ng of the Prem ises to subs ta1111ally th e co nd 1l1on th ~t exis ted as the commcnccmcnt of th e Lc nsc; to the ext.~nt there are any remai nin g ~rocccd s. such proceeds belon g to the Tenant. In the event ,he Casualty occurs during the las t two (2) years of the tl1 cn curre nt term and Tenant ha s dected or deemed to have elected no t to repa ir or rebuild, Tenant sha ll be ob liga ted , regardless of the availab ilit y or sufficiency of any insura nc e proceeds, to remove the Bui ldings and lmprovemenis, clen r dcb ,is, remove fo undation s and footin gs , and re sto re the Premises to sub stantially the condi tion that existed at the co mm enc<.mc nt of th e Lease. 4. Notwithstandin g an y provision to the contrary set fortil above in tl1i s A1ticle 4, in the eve nt of a Casualty and Tenan t has elected or deemed to have elected not to repair or rebuild, Landlord sha ll cooperate and assis t in efforts to le ase th e Premis es on tcnns reaso nably acceptable to Landl ord; and nobing in thi s Article 11 sh al l in an ) way limit Tenan t's nghts set forth in Article 7. Article 12 F.minent Domain I. LJ efi niti on ofTaking and Substantial Taking. For tl1e purpose of th is Lease, a "Toking" shall m ean any co nd emna tion or exercise oftl10 power of eminent domain by any authori ty vest eci with such power or any other taking for pub lic use, includin g a private purchase in lieu of con demn atio n by an au tho1ity vast eel wit h the power of er:1inent domain ; tl 1e "Date of Taking" sha ll mean the earlier of th e dat e upon which title to the Premises or any portion thereof or any right appu rtenant th ereto so taken is ve~lcd 'n the co nd emn ing autho,i ty or th e date upon which pos ses s ion of the Premi ses or any portion thereof is taken by the co 11 dcmni 1,g au thrni ty; and "S11bstanli11llv All of the Premises" sha ll mean so mu ch of the Premises or th e tights appurten ant ther eto as , when taken, leaves th e untakcn po rti on unsuitable in T enant's reason -':l le opinion for the cominucd feasible an d econo mic opera ti on of th e Premi se s by Tenant for th e same purp os es as immerli ,'ely prior to such Taking or as co nt emplat ed herein . 7. Tena nt's Rig ht s Uoon Taki ng or Subs tanti al Taking. Each party agrees to furni sh the other a copy of any notice of a tl1reatened or propos ed Taking received by such patty. In tl1e eve nt of a T aki ng o f Substantially All of tl1 e Premises, th is Le ase sh all tenninatc and bo tl1 Land lord and Tenant shall be relie,ecl fror:1 all fu1th cr o bli gations hereunder fr3m and aft er th e Date of Takin g. All Ba •~ Rent and other sums pa ya bl e by Tei:ant 1:ereunder slw ll be appo11i oncd anc paid throug h and in clu ding th e Date c,f 16 Taking, and neither Lan dlord nor Tenant shall hav e any righ ts in a ny com pen sation or • dam ages pa ya·,1e lo lhe other in co1mectio n wi th suc h Tak:ng. 3. Tenant 's Riµhts Upon Less 11iar, Sub stan ti al Taking . In th e event of a Tak in g o t'lcss than ~ub s tan tial ly All of'the Premi ses, Base Kent and oth er charges sha ll be red uced fairly and equitahly in accordance wi1h the pnr:inn co nd em ned or taken, effective as of the Da te ofTa'.<ing, an d Tenant shu ll mn kc all necessary res toratio n s to the · Imp rovement s so that th e po ni ons oft~e lmprov eme111s not taken cons titut e a co mpl ete archit ectural uni t, and the proceeds of th e award attri bu tab le to the value of the lmprnvemen ts Take.n sha ll be retain e,I by Ten ant. 4 . Ri ghts Upo n Temporary Taking. Notw ith stan<lin g the for egoing, in th e event of a Taking of the l'remiscs or any portion tl1ercof, for tem poracy use (specifically one not exceedin g one hundred eight y (l 80) cl ays in d11ratinn), without the taking of the fee simpl e title thereto, this Lcnsc shnll remai n in full fo rc e and effect, and th ere shall be no ab at ement of Rent during such peri od. All awa rd s, dam ages, compensa tion and proceed s payab le by the condemnor by reason of such Til kin g re lating to the Prem is es fo r pe rinris prinr tn 1h e e<pirn tion of 1hc Lease shall be ?ayable to Tenant. All such awards, d1m1agcs , compensation and proceeds fo r periods after tl1c expirat ion of the Lease shall be pa yable to Landlord. An ythin g contai ned in this Section 12.4 to tl1e co ntrary notwith- standi ng, a temporarv Takin g for an y peri od in excess of one hundred eighty (180) days may, at Tenan1's o ption, be deemed a pennanent Takin g and shall be governed by subparagraph 12 .2 or I 2.3 above, as app licable. • 5. Award. (a) The award paid by the condemning auth ority ( other than a Talc.ing fo r temporary use) sha ll be allocate<l 0 11 a pru raw basi s bc!we en th e fair market value of the Premises and the Impro vem ents as detcnnu1cd by the co ndemnin g auth orit y or a co un of com pe1e nt juri sdi ction . (b) Land lrn d ,md T e11a11t shall eac h have th e right to represent thei r respec ti ve mt erest s 111 each pio.:eedi ng or nego tiati on with respect to a tak ing or inte nded taki ng by pow er o f co nd emn atio n and to make full pro of ofthci, cla im s . Tenant shall have th e so le righ t to co11l:'o l th e defe nse, proscc utio11 nnd sett le ment of iLs claim to th e exten t tl1e co ndernna1'on proceed ing or nego tia tion affec ts Tenant's leasehold int erest hereunder and .'or the lnprovcmcnts, subject to th e consent of any Le asehold Mon gagec. Land lord sha ll ha ve the sole 1igl11 to con trol the de fen se, prosecution and settleme nt of its claim to the e.,ten t th e conde m11 a ti o11 prvcc c<ling ur nego ti ati on affects Landlord's re ve:sionary interest in the Premises and/or Impro vements. La ndl ord an d T enan t each agrees to execute arrl de.I, ,e.r tn th e <1t hcr any ins tmmen ts that may be reas onably requ ir ed to effe ctuate or fac il ita te the p rov isions of this Lease relating to co ndemn atio n. 17 • • • • Article 13 Default I. Events o f Tenant's Default. Any of the fo ll owi ng occ urrences, condition s o r acts by Te nanl shall consti tute an "Event of Default" under this Lease : A. Failure to Pay Rent; Br each. (i) Tenant's failure to make any payment of n10 1ll'y required by this Lease (including without limi tation Base Rent or Rea l Estate Taxes) (.s uhj ,:ct lo Tcn a1\l's right of good faith co nle st with re spect to Real Estalc Taxe s, as set fo11h in and as limited by Article 5), wi:hin ten (I 0) days after tl,e recei pt ofwii ttcn notice fr om Land lord to Tenant that same is overdue ("Monetary Default"), in whi ch eve nt such dcl inq uenl amounl shnll accnie int cre.s l al th e Defa ull Rate; or (ii ) Tenant 's failure to obs erve or pe rform any other mateiial provisio n oftl1 is Lease withi11 thirty (30) days after receipt c,f written notice trom Landlord to Tenant specifying such de faul t an;J demanding th at the n mc be cured ("Non-Monrtan-Default"); µro virl e.<l lhn t, if such defanll camm l with clue dil igence be wholly cu red within sucl, thirty (30) day peri od, Tenant shall have such longer peri od as is rea sona bly necessary to cure the defa ult , so long as Tenant pro ceeds promplly to comm ence the cu re of same within such thirty (30) day peiiod and rl" igently pro secutes th e cure to complet ion. In no event sh,tll Landl ord be required to gi • .0re tlian one no tice o f a monetary defa ult during any twelve ( 12) month peri od, an d in th e event one such notice has been given, Tcnw1t shall be in defa ult if an y pa}snenl is not mad e when due, no nolicc shall be req uired, and intere s: shal l acc rue at the Default Rale fro m the date su, h payme nt was du e w1til paid. a. BanlTiptcy. Any petitio n is filed by or against Tenant unde r any section or chapter of the Federal Bankru pt cy Code, and, in lhe case ofa peti tion fi led aga inst Tenant, suc h petition i, not dismissed within sixty (60) days after U1 e date of s uch filing . C. Insolvency . Tenan t becomes insolvent or tra nsfers propen y in fraud of cred itors . D. As;.2·,n ent for Ben efit of Credito rs . Tenant mak es an ass ignment for tl1 e benefit of creditors . E. Receivershi.Jl . A receiver is appointed for an" ofTcnru1t's :cssc.s. F. Attachment. Thi , Lease or Tenan t's interest io th e Premises or any part th ereof is taken by attachment, execution or other proces s of'l aw , and such attaclrn1cnt, execu tion or oth er process has not been released with in sixty (60) days th ereaft er. G. _ljgj. Tenant fails to o btain a release o f any lien agains t the Pr emi ses as required under the terms ,.I :hi s Lease . In U1 c cvcot th e Teaant co nti nu es to pay Rent as req uired und er the le1m s of1J,is 1~.1,e, no Eve nt ofDefaull shal l occ ur solely as a res ult ofTena11 t's bankruptcy , insolvency , ass igr unent for bene fit of it s credi tors, or tn e appoinu nen t of a rece iver fo r an y of Tenant's asse ts. 18 2. Land lord's Reme dies. After the •.1cc urrc .1ce ofan Even ! of Default by Tenant, Landlord shall have th e right to ins ti tute fr om tii:1e to time an actio n or actions (i) to recover darnages (exclusive of co11s"4 uen tia l 01 spcc;al damages ), (ii) for injunctive an d/or otlw: equitab le re lief, and (iii) in the event of Monetary Default only, to recover p ossess ion of the Premises an d tcnninate thi s Lea se . A. Moneta Defa~l!-ln tl,e event of a Monctar/ Defa ul t: (i) Continu e Lease. Landlord may , at its op tion , tenninateTcnant's 1ight to poss ess ion oflhe Premise.1 and cont u1u e Uns Lease in foll fo rce an :! ctfoct, in which event Lan dl ord shall hav e th e right to coll ec t Base Rent and other ch arges when due, inc luding "") sum s due for ai:y opti un pc1iod for whi ch an ex tens ion option has been exer cised , logcU1er with Land lord's reaso nable attorneys' fe es ,md interest at the Defau lt Rate from 'he date such payment wm: due ur.til the dote paid by Tc nnn t. 1n U1c al1cmativc, Landlord shall have the :ight, at its option to mak e any payment , such :is taXes, otherwise required 10 be made by Tenan ~ in w'iich event such paym~.nl <hal) not be deemed a cure of T enant's default , and Tenant sha ll •cimb ursc Land lord for .Ul y such payme nt, togctJ1e1 wit h reaso nab le attomcys' fees and in terest at lhe JJ elault Ra te from the date Landl ord makes such payment to th e date Landlord rcc<'ivc s such rei mbu rseme nt . Land lord shall have the right to peaceably re -ente r th e Premi ses, wi tl,out such re-entry being dt:tomed a tennina tion o f the Lease or an acceptance by Land lord of a su rrender thereof: Landlord shal l also ha ve the right , at its option, from time to time , witi1out terminating this Lcnsc , to rel ct tl1c • Premises, or any pat1 tl1ereof, with or without legal process, as the agent, w1d for tl1 e • acco un t, of Tenant upon s~ch tcnns an d conditions as Lan dlord may deem advisable, in which event th e rents received on such rclctting shall be app lied (i) first to tl1e reas ona bl e and actual expenses c,f such rclerting and collec ti on. incl uding without limitation necessary renovation and alterat ions of L1e Premi ses, reasonable and actua l attorney,;' fee s an d any rca.;unab le and act ual real estate commissiort, and eonsu ltu1g fees paid, and (ii) therea fter toward payment of all sum s due or to become due tn l.ancll ord hereu nder. If a suffi cien t am ount to pay such expenses and sum s shall not be realized , in Land lord's exerci se of conunc rcially reasonab le effo rts to m1u ga te its damai:es (which Landlo rd hereby agrees to mah), th en Tenant shall pay Landlord any such deficiency montltly, and Land lord ,~ay b, iug a!l actiuu or ac ti or» therefor as s uch :nonthJy defi ciency shall arise and accrue. Landlord sha ll no:, 111 any event, be requ ired to pay Tena nt any snn,s rcce ivcd hy t ,1ndlord 0 11 a re lct ting of th c Premises in excess of the rent pro,idcd in this Lease, but s•,ch excess shall reduce any accrued present or fu ture obliga ti ons of Tenant hereunder . Land!or~•s re- entry an d rc letting of U1 c Premises with out tcnni nation of this u,ase shall not prec lu de Landlord fro m sul,sequc 11 1ly trnninating thi s Lease as set fortl'. below. (ii) Termina te Lease. Landlord 111ny tc nn inate thi s l..casc by writ ten notice to Tenant specifying a date th erefor, which shnll be no soo ner lh att thirty (3 0) days follow in g recei pt of su ch notice by Tenant , and this Lesse shall then termina te on the date so ,pccificd as if sud1 da le had L,, 0 11 originally iixcd as the cxp irn'.,on <.:a te of U,e Tenn . In U,e event of such tennin at ion. La r.dlord shall be enti tled to recover from Tenant all of the followin g as dam ages : I 9 • • • • (A) The "worth at the time of the award payment" (defined bel01•') of an y obligation whi ch has accrued pri or to th e date oftennination. (Bl The "worth at the tim e of the award payment" of the amo unt by which th e 11 r.;1 :t;d Bas e R~nt a.,d aii · \her cha rges which would have accrued after tcnnination w1t il th e tir.,c of aw ord payment exceeds the amount of any sums (n r-t of reletting co sts and expenses) actua!lv re ceived by Landlord from the Premises after tem1ination. Landlord shall have an aff.:-Mtive obligat io n to atte mpt to mitigate its dam ages followin~ l')rm1trnhon , un t11 ,11: t ,-_~,; o f the award payment. (C) 17,e "wu ir:, at ll1e time ofll1eaward payment" of th e a,:,ount oy which the Base Kent and all othe r cha rges whi ch would hava accrued after th e ti me of the award paymen t for th e rc·rnainin g tc,m of this Lease ex ceeds the rair Market Rent ("FMR"), detennined in the mam,a'T set fon h below. for the remainin g term of this Leas e. The FMR , as used in thi Leas~, ,hall \;e Lhe fair market rent of the Premi ses, net of market broker1ge com m1 ss 1011s an d co nsu ltin g fe es, as of the ti me o f tb e award for a te rm equ al to the rema ining te nTI of thi s Lea se sub se quent to the time of the award paym ent (as suming thi s lea se ha d not been tem1,nated) on an "as is" basis , as deterr.iincd by a li ce ns ed MAI apprniser se lected by Landlord. At Tenant's opticn , Tenant may select an additional lic ensed MAI appraiser to estimate FMR and Tenant's appraiser an d Landlord 's appraiser ~ha ll se lect a third MAI appraiser to estimate the FMR, in which case the FMR shall be the median of the three apprai sa ls. Tenan t sha ll bear the cos t of the appra isal pro ces s. As us ed in thi s Articl e 13, Paragraph 2, the term , "worth nt the time of th e award payment", shall be computed by allowing simple interest at an accrual ra te equal to the Default Rate for past due obligations , and a discount rate to net prese:it value at the tim e of the award pay111e11l o: five perc eut (5%) per a,m wn on anticipated future ob li gati ons or reve nv es, and mitigation amounts , with no interest or discount, on the amount of the obli gatio ns payable on Ilic date of such cakulatioa. L, the even, tl1is Lease shall be tcnninat ed as provided above, by summary proceedir.gs or otherwi se, Land lord , its agents, se1va,1ts or repre sentatives n-.ay immedi ately or at any time thereafter peaceably re-ent er and re sum e possession nf the Premises and, m Tenant's expense, remJve all persons a,1d property th erefrom, by summary dispossession proceedi ngs . (iii) Reimburscme:it of Landlord's Costs in Exerci sing Remedies. Landlord ma y recover from Tenant, and Tenant shall pay to Landlord upon demand , as Add iti onal Rent, such reasonable ru1d actual expenses as Landlord may incur in recovering possess ion of the Premises , placing the same in good order and condition and repairing the sa me for rclettin g, and all otter reason able and actua l expenses, commi ssion s and charges incurred by Landlord in exercising ru1y rem edy provided herein er as a result of any Event oi Default by Tenant hereun de r (mcluding wi thout lim itation reasonable attom eys' fees), provided th at in no event shall Tena nt be obligated to compensate Landlord for . .uiy specula ti ve o, consequential damaecs ca used by Tenant's failure 10 pcrfonTI its obligations undc, this Lease . 20 B. Remedies Are Cum ula tive. ·n,e vari ous ri gh ts and rn:nedie, reserved t~ Landlord herein ar e cumulati ve, and Landlord may pursue an y and all such rig!1ts and rem edies, in add iti on to any other righ ts or remedi es ave.il able al law or in eq uity, whether at th~ same time or u th erw isc (to the extent a ol i11co11sis1e111 wi 1l, s pecific, p ruvisio:i s o f thi s Lease). Notwith,tandin A any-J,ing herein to the contrary, Lan dlo rd expressly wa ives its right to for c ibly dispossess Tenant from U1e Premise.s, wheth er peaceably or otherw ise, · w1U1oul j udi cial process, such U,at Landl ord shall not be enti tl ed to any "com mercial lockout" or an y other provis ions o f appli cable law whi ch pennit lan dlc,rds to di spossess tenants from commercial pro pe1ties wi thout th e benefit ofjndici al review. C. Mitigation o f Damages. 1n t he even t Landlord elects to tenn inate the Lease • and seek damages from T enant as provided here in, 1 . .a ncll or<l will 1tse reasoneblc efforts to mitigate its damages. Landlo1d shall have~:, o pti on but not th e obligation to list the Premises for lease wi th a real estate broker. IJ, th e event Landl ord e lects not to so lis t tl1e property but inst ead elec ts lo its elf mn rkel the •'roperty fo r lease, suc h e.lecti no shall nnt he deemed to constit ute a fa ilure by Lan dl ord :u :n.itigate . Landlord wili not be obli gated to accept Jc-ss th an the th en current market rent 10: the Prem ises ; deviate from its then estab lis hed g11 icl ei ines for tenants including without lim itati on ttse , ex p erience, reputati on, and creditworthiness; lease le ss than all of the Premi ses; extend the tcnn ofthi s Lease; or ex pend any money on behalf of a new tenant. Tenant will not have any independent, affirmative claim again st Landlord on accoun t of Landlord 's fa ilure to mitigate its dam ages; however, such failure to mitigate may be asserted by Tcnnut as a defense ton claim by • Landlord to th e ex tent allowed by law . D. Waiver o' ...aodlord's Lien. Landlord hereby wniHs any st atut ory liens and any ri ght s of distress with res pect to the Tenant's Property (as defined b elow) from tim e to tim e loca ted on the Premises. This r .eas,: does not grant a contractual lien or any other sc :urity interest lo Landlord or in fovor of Landlord with resp ect to Tenru1t's Property. Ldl1dl ord further agrees, wiUmut cos t to Tenant, to exec ute and deli v e r such instruments reasonnhl y req ues ted by Tenant fr om :imc to tim e tn evid ence th e aforesai d waiver of Landl ord. As used herein th e term "Tenant's Propcrtv" shall mean nil movab le partitions, bu siness and trade fixtures , machinery an d eq ui pmen t, autom ob iles, e9mputers , furn iture, .sat e llit e di sh(s), sii,'llage , comrrnmi cat ions equi pm en t and office Cf(Llipmen t, en~ all fumilure, fur-r,isli.ings and oth er ruticles of person al propc1t y ow ned by Te11ru1 t ,uid locat ,d in the Premises. 3 . Landlord's Default. u1 th e event Landl crd sh all at any time be in defau lt in the ob se1va11ce or perfonnan ee of any of the covena nts and agreeme nts req uired to be perfonned an d observed b y La ndl ord he re un der and an y such d efa ult sh all co ntinue for a period of six ty (60) days after wrillen uotiec 10 La rnllo rd (or if s uch dda 11 h is incapa ble ofLeing cured in a reaso nable manner wi thi n si xty (60) days and if La n lord has not co mm e nced to c ure lh e same w 'thin said si xty (60) day period and th ereafter dil igent ly prose cut es th e same to compl et ion), 2n d Lw1 dlonl shall not th erea fie r cure s uch de fa ult, Tenant sha ll be entitled, at its elccl ion, tQ bring s ui t for the collection of any amounts fo r which Landlord may be in d efault, or fo r the • pcrfonn ance of any othe r covenant or agrccmcn i devolv in g upo n La ndlord , in addil ion to all 2 1 H·\Mi=l.1l1tn~•\EMRF1L:111y r.1 Le.,~c ().2&-11) doc • • • remedi es otherwis e provi ded in U1i ; Leas e and oth erwis e availab le at law or in equi ty under the laws of th e Un ited Stat es or the St ate of Colo ra do . 4. Att omcys' Fees In th e event that eith er Landl ord or Ten an t co mm ence s an y su it fo r the co ll ectio n of an y 3moun ls fo r which the oth er may be in default or for the pc rlo nnun ce of an y other cov enant or agreem ent hereu nde r, the prevai li ng party in an y such ac tio n shall be awa rd ed its cos ts and expen ses, in c,uding, but not limit ed lo, all attorn ey s ' fe es and exp enses in curr ed in enfo rcing such obli ga ti ons and /or co ll ec tin g such amou nts , fro m th e oth er pan y 10 such ac ti on. 5. Waiv er of Conseq uential Dam2~es. In no event shall eith er Landlord orTcnanl have th e nght to recover conseq uen tia l dam ages of an y kind fr om th e other. Exc ept as lim ited hereinab ove, all ri ghts and re medi es may be exercised and en forc ed conc urrcntl y an d wheneve r and as oft en as Land lord or Tenant shall dee m necessary . ln th e ev ent of a default by Tenan t, not hi ng contai ned her ein shall precl ude, or be de eme d a waive r, of Lanc'lord 's i,ght to rcco,er damages arising from its ow ners hi p or opera ti on of the prop e11 y ow ned by it adjacen t to the Pre mi ses. Article [4 Covenant of Quiet Enjoyment Lan dlo rd agrees th at Ten ant shall qui tly and peace abl y ho ld , poss ess , an d enjoy tl1c Prem ises, without any hind rance or mo lestation by tl1 e agen l, or em ployee s :i i' umd lo rd, and fo rth er, Landl ord shal l, and any add iti onal exc eption s created by Tcna111 o r crea ted by Land:ord an d approve.I by Tenan t, defend th e tit le to the Premi ses and th e u5 e \tnd occupanc y o f tl1e sa me by Ten ant agai nst th e law ful cl ai ms o f all per so ns who so ev er, except those clai ming by or through Tenan t. Article 15 Suhordinntion ; L andlord's Righ t to :vlortgngc and Convey Premis es Landl ord may mortga<;c it s inte res t in tl1e Premises, provided such mort gage expr ess ly prov id es th at the rig hts an o i.,ter csts of tl,e mo rtgag ee th ereun der are subject and su bord in ate to th e ri ght s and ;nte rcsts of Tenant hereun de r and the righ L, o f ,my Lease hold Mort gagee un de r any Leasehold Mo 11gage th en o r thereafter ex isti ng . Shou ld Landlor d sell , con vey, or transfe r it s int c:cs t in the Premises or should any mort gagee of Lun dlord succeed 10 La ndl ord's int eres: thro ugh forec los ur e or de ed m li eu th ereof, Tenant s:,all att o:1 1 to such succee di ng part y as it s landl ord und er t\u s Lease promptl y upon any such succe ssion, prov ided such succeedi ng pa11y ass ume s all of Land lord 's duti es ai1 d obl igat tous uud c1 th is Lcus c Such succeedin g party shall not be li abl e fo r any o f La ndl ord's obli gatio ns and dut ies hereun der pri or to its ass um ptio n of Lan dl ord's dut ies and obligati ons hereund er. Article 16 Transfers by Lan dlord No transfe r or sale of Landl ord 's i111erest her eun de r shall release Land lore from any of its ob li ga tions or du tie s hereun der prior th ere to. Land lord sh all be released of any 22 ongoing ob ligul;ons l.crcunder fr om a.id after the dme of :;uch transfer und only upo n th e • assu mpti on of ell such obligation s and du ties by the tran sferee of' Landlord . Notw ithstand ing anyth ing co n:a in ed herein to th e contrary, in no C\'ent sha ll Landl ord have the right to transfer, in any manner •sh nt so r.vcr , or In sell it s int erest her eund er prior to delivery o f pos session oftl1e Premis es to Tenunt. Article 17 .Vlisccllnncous I . t{Q n-V,!11iver o f Defa ult . No acquiescence by either party to uny de:ault by Ute oth er p?.11)' sha ll o perate as a wa ive r of its righ tS wi a, respect to an)' other brea ch or default, whet her o f L1e same or any oth er co venant or con di tion. 2. Recordin°. Thi s Lease s11alt no t be recorded . The panics shall exe cute, acknow ledge, and deli ver to each other dup licnte origmals of a short fonn or mem orandum of thi s Lease (''Memorandum of Lcosc ") in s~bston ti ally the fon:, of Ex hi hit II atta ched he reto and in corporat:;:d herei n, descri bi ng th e Pre mises and setting forth th e Term of th.is Le ase . The Mem orandum o f Le ase sl:ali be re corded at Tenant 's expense. In thr. event Ten an t reco ,d s tl 1is Lease , th is Lease sh all aut omati r.n ll y be deemed tenninated r,nd of no further force or effect. If th is Le ase is lcnnioatcd, upo n req uest of Landl ord, Ten ant will execute and deliver '.o Land lor d a termi na tio n of the Memorandwn of Lease su:ta:ile for recordi ng. 3. Notice. Any notice , request, offer, appro va l, con sent, or other co mmuni cat ion rc4uin:<l or penn itloo tu l;e i;iven l;y or on IJeha !f uf either party tu the utlwr shall be giv en or com municated in w:-;t,ng by pe rson al de livery, ~e putablc O\'cmighl courier s cr,iee which kr.cps rcceiptS of d eliv eries (i.e .. Federa l Express), or Uni ted States certified ma il (return receipt reque sted with postage full y pre pai ~) oc express mai l serv ice addressed to the other party as fo llow s: I f to Tenhltt: Wtth copies to : Miller Family Real Estate, L. L.C. 9350 South 1 50 Eas te, Su ite 1000 ·sw1dy, Ut ah 84070 Attenti on : Jay Fra ncis Sco tt Ha tes, Genera l Co un sel 9350 So ulh I 50 East, Su it e 1 000 Sandy, Utah 8~070 23 • • • • • lfto Landl ord : With copies lo : En glcwood/McLellnn Reservoir Fo undation l000 E~glcwo od Parkway Englewood, Co lorado 801 I 0 Allention : Presid ent City of Englewood I 000 Englew oo d Parkway Englewood, Co lorado 801 I 0 Atlcntion : City Atlomey or at such other address as may be specified from time to tim e in w:itmg by eithe r party . /\II such not ices hereunder shall be deemed to have been given un the do te personally delivered or the date marked on lhe return receipt, unl ess del ivery is refused or cannot be made. in which case the date of po sJl'lnrk sha ll be deemed the date notice has been given . 4 . S uccessors and Assi gns . A ll CO\lc nants, promises, condit ions, representati ons1 and agreements herein co nt ained shall be binding upo n, ap ply to, and in ure lo the be nefi t of the Panics hereto and their re spect ive heirs, executors, adminisu·ator~. successors (including ,ubtcnants), and pcrmilloo assigns. 5. Partial Invalidity. If any provision of this Lease or the application thereof to any person or ci rcum stance sha ll to any extent be held in va. id, the remainder of this Lease or the application of such provision to pcrsrns or circumstances other th au tho se us to which ii is held ,nvulicl shall not be affected thcrehy, and each provisio n of thi s Lease sha ll be valid and enforceab le to the full est extcat permitted by la w. 6. Interpre tati on. In interpreting thi s Lease in it s entirety, any additions written or typed thereon shall be given eq ual weight, and there shall be no inference, by operation of law or od1C1w ise , that any provision of this Lease shall be eo nstrut1l against either party hereto. This Lease shall be construed with out regard to any presumption or other ru le requiring cons truc ti on agains t the Parties causi ng th is Lease to be dra fted . 7. Headings, Ca pt ion;, and Referen ces. The sec tio n c,aptions containet! in this Lease arP for convenience only and do no t many way limn or amplify any term or provision he rcot. The w;e of the term!; "h ereof," 11 hcrcundcr," und "herein'' shall rcfCr to thi s Lea se ns a whole, inclu sive of the Ex hibi ts, except when noted oth erw ise . T1tc terms "include," "incl ud es," and "including" incor porate th e meaning "without limit ation ." The use of the masculine or neu ter genders hercrn shall in c lude the mas c11 lin e, feminine, and neute r genckrs and the singul ar form sha ll include the piural when the contcxl so req uires. s. Govemin • Law . 17i is Lease sha ll be construed und er th e laws of the State of Colorado. 9. Execut ion of Do cum ents. Landlord and Tenant sha ll each cooperate with the ot her and exec ut e such do cuments as the other pru1y may reaso nably rC'tuire or request so as 10 enab le it to conduct its operations, so long as the req uested cond uct or cxcc utton of documents docs not derogate or alte r th e powers, right s1 duties, and rc:;ponsibi liti cs o f the respect i v e Pn11i cs . 24 H \Mnuhc 1\y\EMRF\L.1n-y Milici Le:isc'l,1i•l 1 l doc I 0. Force Majeure. When ev er a party is requ ired to per~o1111 an act under this Lease • hy a certain time, unless specifically prov idr.d otherwi se in ~,is Lease, such party may extend the deadline in the event of Excusable Delay . In the event a party elects to so extend a deadline, such party shall first give written notice to the other party within tw enty (20) days followmg the commencement of the Excusnhle. Delay setting fo rth the event giving ri se to U1e Excusab le Delay. The patty electing lo cx:end the deadline shall within twen r; (~0) d~ys fulluwi11g the end of the [ xcusablc :::>clay give an additional written notice to t:1c o:her party setting fonh the number of days the period has b<:en extended as a re sult of the Excusable Delay and the details of such dcl a)'. 11. Reasonable Co nsctt\. Notwith standing any thing to th e contrary contained in this Lease, in all cases where cunseut ur approval shal l be re4uin:d pursuan t lo this Lease, the giving of ea ch consent or approval s hall not be unreasonab ly withheld or de layed by the pany from whom such consent is required or requested . 12. Autl1ori\y. No ag;rcem ent, including but not limited to an agreement to amend or modi fy this Lease or to accc p, surrend er of the Premises , shall be deemed binding upon either party, un less in w1iting and si gn r.:d by an offic er o f Lfte pa n y against whom the agreement is to be enforced or b y a person designated m w1iting by s uch pany as so authori zed to act. No pa)1ne1>t by T enant or receipt by Landlord of a lesser amount than U1c Rent here111 stipulated shall be deemed to be other than on account of the earliest stipulated Kent, nor shal l any endorsement o, statement on any check or any let ter ac.companymg any check or payment of Rent be deemed an uccurd and sati sfucl iun unless c.<prcssly agreed tu by Lw1dlurd llcting lhru its authotized • representative, and Landlord may accept such check or payment withoul prejudice to Landlord 's tight to recov er the balance of s uch Rent or pursue any other remedy then available to Landlord . 13. ~P.,:l_Certific.al~. E1ch party agrees, from time to time , within twent y (20) days following written reque st fr om the other pa.rty , to execute nn d deli ver an estoppel st ating that thi s Leas e is Ill full fo rce and effect, and if modified or am ended, setting forth such motlifi cation or amen<lment, th at no <l e fault e,isls, or :f a defa ult, setting forth the same, and ;uch other factu al matters regard ing, the Lease as may be reasonably requc sled, provided such estoppel does not obligate the party to acknowledge or consent to any modi fi cations or interpretat.1 011s of thi s Lease not previously agreed up on by both patties in wri ti ng. 14 . ~g. Should ·1 cnant hold over, wi thout Landl ord 's conscnl, at\er the Lease tern, has ex pired and continue to pay Rent, Tenant sha ll become a month to month tenant only. In nu cvcul shall such hold o ver co nstitute an ex tcnsio r of the tcm 1 of this Lease . During such hold over, the Rent shall be an amou,.t equal to one hund red fifty pe rcent (150%) nfthe Ren t during the last month o f the tcnn of the Lease, togcthcT witl1 all other amo unts payable by Teaw1t under the tC1111s of the Lease. None of the tenns of this Paragraph or the holding over by T enaut s hall coustitute a wai vcr of any ri ghts of Land lord to terminate tl1e Lease at any time and to re-e nter aml take possess ion of the Premises. Tenant shall reimburse Landl ord and indemnify Landlord against all da mage s incurred b y Lundlord resulting from ar.y del ay by Te:iant in surrcndcting possession of the Premises . 25 ti J\fft:.h t"ll y'EMIU'L.my Mille r Lc.:i:;:.-IJ -:S-ll)do~ • • • • Article 18 Leasehold Fin~n~ing I. Mortgage by Tenant. ~enant may, from time to time, hypothecate, nnrtgage, pledge, or alie111te the lrnprove:n ent..; and /c,~ Tenant's leasehold estate and 1ights hereunder. Such lien shall be referred lo herei n as a "Leasehold Mortgage " and the holder or holders of an y suc h lien $hall be refc1Ted to herein as a "Leasehold Mortgagee."' The Lea sehold Mo1tgagee's interest in th e Premises and U1i s Lease shall be subordinate, junior and subject to Landlord's ownership of the Premises and interest in thi s Lease. A Leasehold Mortgage shall encumber no interest in the Premises other than Tenant's interest in the Lease and the Impro vements located on the Premi ses, including any personal prop erty of Tenant , and any sublea ses of portions of th e Premises. A Leasehold Mort gag ee ur its assig11s may enforce such lien and acquire !itle to the leasehold es tate in any lawful way and, pending foreclosure of such lien, the I .ea sehn 'd Mortgagee may take possessi on o f and operate the Prem ises, performing all obli'.•n:,ons performable by Tenant, and upon for ec losure of such lien by power of s,1le, jud,,.ial loreclosurc, or acquisition nf the leasehold es rnte by deed in lieu of fo ,eclos ure, the Leasehold Mortgagee may sell and ass ign the leasehold estate hereby created. NotwiU1standing anything herein contai ned to the co ntrar y, U1e Leasehold Mor.gagee or any pcrsor. or entity acquiring such leaseh ol d estLle sha ll be liable to perform the obl igations imposed on Tenant by thi s Leas e only · during the period such pe rso n has ownership of said leasehold estate or poss ess ion of the Prem is es ; provided further that , except as expressly provided herein, in no event shall Landlord 's righ ts be impaired to exercise its remedies fo!luwing an Evcm uf Default prior to Lca:.ehold Mmt gagec's possession or ownership. Landlord agrees to provide an cstoppel lo any T .easeho l<l Mo1tgagcc upon written reques t therefor , provided such estoppel does not obligate Lindlord to · acknowledge or cons ent to any modifications or interpretations of this Lease not pre\'iously agreed up on by both parties in writing . 2 . Notice To and Rights Of Leasehold Mortgagees . A. When giving notice to Tenant with respect to any defa ult hereund er, Landlord shall also serve a copy ol' such notic e upon any Leas ehol d Mortgagee who shall have given Landlord a written notice specifying its numc and addres s. No such notice sha ll be effective against any Leasehold Mortgagee u111ess and unti l served on any Leasehold Mortgagee as herein pro vi ded . In tile evem Tcaant sha ll default in the performan ce uf auy of 01c terms, covenants, agreements, and conditions of this Lease to be perfom1 ed on Tc~og!'s pa'1, any Leasehold Mortgagee shall have the right, within the grace period available to Tenant fo r curing such defaul t or such addttional ti me as may be granted to any Leasehold Mortgagee herein , to cure or make good, such default or to cause the same to be cured or made good, whetner the same consists of the failure to pay rent or the failure lo perfomt any other obligation, and Landlord shall acc.ep, such perfonnanccs on Ute pa.it of ai1y Lcasc:1u ld Mortgagee as thuugh the sa me ha d been done or performed bv Tenant. B. In Lhe case uf a Mo ne tary Default by Tenant, Landlord will take no action to effect a termination of U1 is Lease hy renson the.reof1mlcss sll ch <iefa ult has con tinu ed beyond fort y-fi ve (45) days afte r Landlord sha ll lwvc served a copy 26 1l 'MFl.:,l1r11y\EMR F\L.1n ~ M1l!t r Lc;itr 9,'.?R•l l)dc,c u rsuch 11ut1<.:e up on Tc11a11 1 am.I any Leas eliu ld Mortgagt:t.:: whu lrn,s gi ve 11 • Land lord notic e as pr~vi ded in 0.0.0 above , it bei ng the intent hereof and th e under sta nding of the parties that any Leaseho ld M011gagce sha ll be all owed no t less than fifteen (15) days in add ition to the th irty (30 ) days granted to Tenant to cure any Mone tary Default of Tenan t. C . In the case uf a11y Nun-M o11ctary Ddault by Te11 11nl, a Leasehold Mortgagee shall be allowed, in addition lo an} grace peri od b'!anted lo Ten m.:, an additional lim e ns hereinafte r ~pecified lo cu re such Non -Monctnry Default within which either: a) if such defa ult is a monet ary defa ult 1r is otherwise susceptible of being cured by th e Leru;eho id Mortgagee without obtai ning p ossess ion nfth e Premises, In com mence a11d dili gently pro ceed to cure such Non-M on etary De fa ult within thi rty (30) days fo ll owi ng the expiration of an y grace pcnod gnnte d 10 Tcn a11t, or if such defau lt can not reasonab ly be cure d wi thin thi rty (30) days, to co mm ence su ch c ure witl1in thi11y (JO ) days fol low in g the ex p irat ion of any grace pe riod gra nted to Tenant and to dili ge ntly prosecute tl 1e c ure rn compl etio n; b) if su ch defa ult is a non-monetary defa ult and is not susceptible of being cured by th e Leasehol d Mo rt gagee without obt aining possession of the Premises , to commence proc eed ings to o btain poss essio n of th e Prem ises within tl1irty (30) days follow ing th e expiration of any b'fact p•riU<.l granted to Tenan t and diligentl y pro secute such act ion to com ple tion (includ ing p osses sion by n rccc i·,c r) and to cure such default w1tliin tl1 irt y (30 ) da ys followi ng po ssession or the appointmem of a receiver in the case of a default which is susce ptibl e of being c.ured within thirty (30) days when the, Leas ehold Murtgagt:t: ha s ob tai11 "'1 possess ion thcrnuf. If suc;h <lef•ult can not reasona bl y be cured within thirty (30) days following possessio n or appointment of a receiver, to comm ence s uch cure with in thirty (3 0) days fo ll owing po ssessio n or app ointment of c receiver an d to dili gentl y pro sec ute the cure to completion . D. In tl,e even t thut thi s Lea se is tcnnin ntcd oy Land lord on account of any default, Landlord shall give promp t notice th ereof to each Leaseho ld Mortear,ee who ha s given notice lo be notified . La ndlo rd, wiLh in thirt y (30) cluys aft er receiving a writt en re<1 ucs; therefo r, which shall be give n within six ty (60) clays afie r such termin at ion. will execu te and del iver a ne w lease o f the Premises to the Leasehold Mortga gee or its nom inee or to the pu rcha ser , assignee, or transferee, as th e case may be, for th e remainde r of the te rm of this Lcf se, co ntnin i ng tl1 c s~m e ,ri ven ant.i;, agreement s, terms, prov is ion s, m1rl limit ati ons as arc contai ned herein, prov ided that th e Leaseh old Mrn 1gagce shall (i) pay to Landlord, simu l1 aneo us ly with th e deli very of such new lease, all unp aid renta l due und er this Lease up to and including the dale of the commencement of tl1 e term of such new lease and all expens es incl ud ing , withnnt limirnri on, reaso nabl e attomeys' fees and clisbu r.sements and cou rt costs in curred by Landlord in co nne ct ion with th e defau lt by Tena nt and the 27 • • • • • lennination and th e preparation of :he new leas e, and (ii) the Le ase hold Mortgage e shall comme nce an d diligent ly procec<l to cure all ucfou lts e~isti11g under th :s Lea se which are suscep tible to cu re . E. 11,e time avai la ble lo a Leasehold Mort gagee to init iate fore closure proc eedin gs as afo1 esaid shall be de emed extended by the numbe r of da ys of de lay of occas ion ed by judi ci al rcs ,rictt on aga inst such in itiatio n or occas ioned by other circum stances beyo nd the Leasehold Murtga g«::'s con tro l. F. During th e petiod that a Le asehold Mo11g,gce shall be in possession of th e Premises and/01 du1 ing Ut e pcn dcn cy of any fore clo sur e proceedings instinited by a Leasehold Mortgage e, the Lease hold Mort gage e sha ll pay or cause to be pa id all charges of whatsoever nature ~ay able by Te nant hereunde r which have been aecruc<l m,u arc u11p aid and whic h wi ll ti,ereafter acc rue during sa id peri od. Foll owing th e acquisi ti m: ofTcnant's leaseho ld esta te by ti1c Le aseho ld Mortgagee or iLs desi1,'ll ee, either as a res ul t of fore clos ure or ·,~ce ptance of an assignment in li eu of fore closure, th e Lease ltuld Mortgagee or pa1 1y acqu irin g title to Te nant 's leas ehold estate, whereon Laocil ord 's ri ght to effect a tennin ation of thi s Leas e based upon th e default in que stion shall be deemed waived. Any defa ult not susceptibl e of be ing cured by the Leas eh o ld Mm1gagee or party acquiring title tn Tenant's leasehold esta te shall be aud sha ll be deem ed to have been wa iv ed by Landl ord upon c:i mpleti on of th e for eclo;ure procee din gs or acqui si tion ot Tenant's 111ter cst in this Lense by any purchas er (who may, but need not l,c , th e Leaseho ld Mort gagee) at th,• forecl osure ,ale, or who otherwi se acq uires Tenant's interest fr om the Lease:1o ld Mortgagee or by vutue of a Leasehold Mortgagee's Exercis e of iL~ remedie s. An y such pur chaser, or succes so r of purchaser, shall not be liable to perfonn the obligati ons imp osed on Tenant by this Lease in cutTed or accru in g after such purchaser or successo r n0 longe r has own ership of the lease hold esta te or possession of the Premi ses. G. Nothing her ei n shall preclud e Landlord fro m ex ercisi ng any of Landlord's right s o r remedies with respect to any ot her default by Tenant du~ing an y period o f any such forbearance, subj ect to the rights o f nny Leaseho ld Motigagee as herein provided . 11. In tl1 c event two or mo re Leasehold Mortgagees each exerc ise their tight s hereunder and there is a co nfli ct whi ch rend ers it 11nposs ibl e to comp ly witi1 all such requ ests, the Leaseho l<i Mortgagee who se lea seho ld mortgage wo ul d be sen ior in prioriry i f th ere wc t o a fur oc los urc shall pt evai l. In the event any Leaseho ld Mort gagee pays any rcnL1! or other sum s du e h~-reunder which rel ate to periods other Utan during its actual ownership of th e leasehold estate, such Leaseho ld Mort gagee shall be subroga ted to any and all rigltt s which may be asse rted again st Landlord with res pect to such period of ti me . I. Upon the reas ona ble reques t of any Leas~ho ld Mortgagee, L1 11dior d and Tenant shal l coopera te in including in this Lea se by suit able amendm en t or separate agreemen t from time to tim e any provis ion for the 28 pU'l)OSC o:-implementing th e p:otcctive provi sio ns contai ned in th is Lease for • the benefit of such Leasehold Mor1gagee m all ow mg sue . Leasehold Mortg agee reasonable means lo protect or preserve Ute lien of its proposerl Leasehold Trust Di,ed on the occurrence of n defa11II 11n<ler the lcnns of the Lease . Landlord and Tenant shnll execute, deliver, und acknowl edge any umendmcnl or scpnrole agreement reasunabl} nec es,;ary tu effect any such rc4uiremcnt; provided , however, Urnt any such amendment or separate agreement s hall not in any way affect the icrm or renta l under thi; Lease nor otherwise in n11y materia l re spect adv ersely affr :ct any right s of Lanclbrd unrier this Lease. J. T c nnnl shall rei mburse Landlord any at10111cys' fees or other direc t out of pocket co•s ts incu1Ted in connection wi th any lease amendments or other documcntati vn or rev iew in co nnc c1 10~ wrth Tenant 's µro pnserl Leas eho ld Mortgage. Article 19 Representations of Landlord and Tenant I. Representations of La~cllord. Except as otherwise di sclosed on Schedule I attached hereto, Landlord rep rese nts znri w,u,-ants to Tenant U1Jt, as of the Effective nate: A. Landlord is a non -profit corporation validly organized and exi sting und er the laws uf tht: State of Culuratlu. Larnl lurd Iii!> O,e full right, power anti autho rity to enter into thi s Agreement and to perfonn Landlord's obligations hereund er. B. Tius Agreement (i) has been duly authorized, executed. and delivered bv Landlord; and (ii) is th e binding obligation of Landlord; C. La ndlord has no t granted, other U1 an to Tenant, any out standin g option, right c f first refusal or any preemptive right with respe ct 10 th e purchase of all or any portion of the Prenuses. ll . To th e b<'s t of Landlord 's kn owledge , the Prem ises and use and occupJn cy th ereof is not in violati on of any laws J.nd no written noti ce of suc h vio lation has bee n re ceived by Landlord and is :lot the subject of any existing, pending, or threat ened investigation or inquiry by any governmental au tho ril"y or subject to any remedial obligations under any law s pertaining to or relating to hazardous materials or o ther environmental condi li ons. E. Thtrt: an: 11 u u11 rt.:l,:urJ1.:d casements or ri ght::H.J f-way u[fo ctiug rrny 01 all ot"tlte Premi ses except the samtary se wer mtercqit or Imes as prev ious ly thsclosed by Landlord lo Tenant. F. No lawsuit has been fi led against La ndbrd regarding the Pr emises. 29 • • • • • G. There arc no other leases, agreeme nt s or con tra cts in exi:;rence relating 10 th e Pr em ises , inclu din g, without lirn itrition, tcnrmt leases, :-;crvicc c nr1trncl~, or management agreements . H. Landlord has received no no tice fro m any in surance company wit h respec t In t.hc cancellati on of any po li cy c011ccrning the Premises or refu sal of the in sura nce co mp any to insu re the Premi ses. I. There arc no oral agreemen ts affecting th e Prem ises. J . There is no lit igat ion pending with re spec t to the Premi ses relating to any E11v iron111cnta l Law vio lations . Except as disclosed in wri ting by Landlord or disclosed in env ironmen tal reports delivered to Tenant , Land lord has no actual knowledge of an Env1ronn ie ntal Law vio lation ar.d has recei ved no notice or other writlcn comm unication from a governme nta l agency or any other perso n or en tit y all eging or suggestin?, an Environmen tal Law vio lati on on the .Premises. The tenn "Enviror•mcnta! Law ," as used in th is Agreeme nt , shz ll include : (1 / Comprehensive En vironmental Res ponse, Compen sation , and Li ability Act of 1980 , as amended hy U1 e Supcrfund Amendments and Reauth oriza ti on Act of 1986, 42 U.S.C.A. §960 1, ct seq. ("CERCLA"); (2) So lid Wa ste Di sposa l Ac t, as amended by tl1e Resource Co nservati on and Recove ry Act o f 1976 , as amended by the Ha zardous and Soli d Waste Amen dments of 198 4, 42 U.S .C.A. §690 1, ct seq.; (3) Federal Water Pollution Contro l Act of 1972 , as ame nd ed by the Clean Water Act of 1977, as ame nd ed, 33 U.S.C.A . § 12 51, ct se q.; (4) Tox ic Substances Control Act of 1976 , as amended. 15 U.S .C.A. §260 1, ct seq .; (5) Emergency Pl anning and Community Right-to-Know Ac t of 1986, 42 U.S.C .A . § 1100 1, '" se q.; (6) r.lean Air Act of 1966, as amended by the Clean Ai r Act Amendments of I 990, 42 U.S.C.A. §7 40 I , et seq.; (7) Natio nal Environmental Policy Act of 1970, as amend ed , 42 U.S.C.A §412 1, ct seq .; (R) Rive rs and Harhors Act of 1899, as amen ded. 33 U.S.C.A. §40 1, et seq.; (9) Endangered Species Act of 1973, as amended , 16 U.S.C.A . § 1531, et seq.; (IC) Occupational Safe.ty and Health Act nf I 970, as ame nd ed, 29 U.S .C.A. §65 1, ct seq .. (11 ) Safe D,inking Water Act of 1974, as amended , 42 U.S .C.A. §300(f), ct seq .; a11d (12) all appli cable standm·ds , ru les, policies u11d othc-r governmental req uir ement s. K. There arc no agr c111cnts , commitmen ts or undcrstand111g s by or between Landl ord and an y third part y pur suan t to whic h (i) Landlord agrees to make th e Premises part of any specia l assess ments, spe cia l distri ct, or taxing distric.t ("Assessments"), or (1i) l-111rllord or its successors in in terest arc require d to se ll , grant or ded ica te any part of the Prem ises or to grant any casement, water rights, right s-o f- way, ,oad or li ce nse fo r ingres s and egress or ot her use in respect lo any part of the Premi ses , whether on ace0unt of the devel opment of adjacent or nearby rea l property or otherwise . Landl ord has ro know ledge of any Assessme nt s be ing co ntemp la ted. L. Landlord has no know ledge of ony foc t, cond iti on, or action, pre se nt, co nt emplated, or thr ea tened , which wou ld or may re sult in the ten n ina ti on or imp ainncn l o filccess to and from the Premises :i s such ncccss pre sentl y exis ts , an d JO Landlord is not in viol al ion o f uny ca :wmtmG, ;1ghts-of-way , condition s, covenams and • re strictio ns, licenses, or oth er agreements burdening the l'rcnu ses. M. Land lord owns the Premises :rec and clear of any mortgage or deed of tni:~I. 2. Representations of Tenant. Tenant represents, wa.,ants and covenants to Landlord A. Tenant's i\uthmity. Tenant is a duly constituted limited liabili ty company orga:1i2ed under the laws of lhe State of Co lorado, 11 ha s the power lo en te r int n thi .s Lease and perfonn Tenant's obli gat ions hereunder; and the pe rson execu tin g this Lease on T enant's bclu,lfhas the right and la'wful auU1ori ty to do so. B. J enaat's Cc"cnant as lo Hazardous or Toxic Materials. i. Tenant hereby covenant s that Tenant shall n :>t cause or ?Cnnit any "llazardous Suhstanees" (a s hereinafter rlcfin erl) to he pl aced, held, loca ted or disposed of in, on or at th e Premises o: any part thereof exce pt in nccordn11ce wi :h all applica·ole laws, statutes, ord inw ,cc ~. a11J 1cgu lutiuns. ii. Tenant hereby agr ees to ind emnify Landlord and hold Landlord hannlcss from and against any and all loss es. li abilitiei , carnages, i11Juries, • ex penses, including reasonable attorneys' fees, costs of an y settlement or judgment and claims of any and every kind what soever paid, incurred or suffered by, or asserted again.st , Landiord by any person or entity o r governmental agency as a resu lt o ftl1e escape, seepage, leakage, spillage, discharge, em ission, discharging or release from, th e Premises of any Hazardous Substance, provided. however, that the foregoing indemn ity is limited to matters aris ing solely from Tenant's violation of the covenant contained in the precedin g subparagraph 2.B.i. iii . for purposes ofthts Lease, "Hazardous Substances" sha ll mean aJd include tl10~e elemeats or compounds which are contained in U1e lis t o f h aza rdous .suhsta nr:cs now or herea ft e r adopted by th e United States Environmental Protcc:ion _l\gcncy (the "21' A") or th e li st of toxi c po ll utu:1t s desig nat ed by Cungrcss ur the EPA or which are now or hereafter defined as hazardous , toxic, po llutants , :nfectwus or radioactiv e by any other Federal , state or local st<1 tute , law , ordi11an ce, co de, rule , regu lation , order or decree regul ati ng, relating to , or imposing liabi lity or standard s af conduct concerning, :my h:izardous : toxic or dangerous waste , sub sta11 cc or matcr idl, as now c,r al auy tim e h ereafter in e ffect. "H azardous S·.1 bstances," for tJ1e purp oses of tJ1is Para graph I~. shall in c.lud e petroleum prod ucts, asbestos, and po lych lorin atcd biphcnyls. and underground storage ranks un less insta lled , maintained, and clo se,l in com pliance with all appl icab le laws. iv. ~1 the event Ea,,ardous Substances are present on the Premi ses in • v1o lat1or. o f T enant's covcnan: 111 sub?a~agraph 2.B.i hereo t; and Tenan t fa ils to 31 • • • clea:1 up , remove, res:>lvc, minimi ze the impact o( or ot herw ise remcdiate such c.ontr1mi nati o n in cnm pllan ce with all applicahle law s and regula6 on~ nncl to ohtain a "no further action" or similar clo sure letter from the governmental authorities with ju1isd ictio11 over such Hazardou s Suh stan ces penn ittin g the development and use of th e Premi ses as contemplat ed herein without further rem ed iation (collectively, "R emedin te ," whi ch tr.n11 slrn ll incl ud e obtaining such r.pproval s as nrc rr.<Jltirecl from app licab le governmental autl101itics p1i or to the commencement of Rem ediati on activities nn th e Prroni sc$), then I .m,rll orrl .sha ll have th e ri eht , but not th r. nhligatinn , thi 11y (30) days after notice to Ternu1t and Tenant's failure to Rc mediatc, or, if Tenant ca:mo t Rcmediate within thi11 y (30) days , then upon Tenant's failure to com mence prepU'alion of a plan to Re:nediale within such tl1.i1ty (30) day period and dili gc 11 tly pursue the appro val of such plan en d tl1e completion of the remediation work authorized by the approved plan to comp letion, to enter upon the Premises to Rcmediatc suc:h contanlina tion. Notwithstanding tlie foregoing, in no ev ent shall Tenont be afforded more than two (2) years after the approval of Tenant 's remed iation plan by tie appropriate gcvcrnmental agency or agen cies, or an y shorter time req uired for the co mpleti on of suc h remediati on by tl1e agencies in granting sud· app rova l, 10 compl ete such remedia tion. Tenant ngrcc s to comm ence preparation of such plan promptly upon rec eipt of no tice that such 1-!a,,mlous Substances are ?resent , to apply for approval ofsueh phm promptly, and to pursue such approval diligently. All rea so nable costs and expenses incurred by Landlord in the exerci se of any such tigh ts, which -:os ls and c,;pcn scn result from Tenunt's violation of the covenants co nta ined herein, shall oe deemed Additional Rent under tlJ.i s Lease and shall be payab le by Tenant upon demand . C. Douglas Co unty Depo sit. Tenant acknowledges that Landlord ha s made, refundable security deposit with Douglas County, Colorado in the amount of $17 1534.60 to Gec ure thot gra ding, erosion nnd storm se wer co ntrol is mnintni.n'=d acco rding to the applicable gov ernmental req uirement s ("GESC Deposit "). All refun ds o f the GESC Dep os it shall be paid lo Landlord. In there event there is a lo ss, in whole or in pan, of the GESC Dep osit as a res ult of Tenant's failure lo main tai n th e Premi ses as requir ed fo t a full rcfond of th e G ESC Dep os it , Tena nt shall reimburse Land lord fo r the amou nt of such loss. D. Bro ker . Tenant ackn owledges that it has retained Newmark Knight Frank rrcderi ck Ross ("Dro ker ") as its real estate agent and broker and agrees to pay Drokcr an y an d all com pen satio n due it as a resu lt of tit is tran sac ti on. Except for Broker, ca"h party !1crc'Jy imkmnific s anti agrees to ltuld the other party hwrnkss fru111 all <l ama)(es, c.lairns, li abi lities or e~penses, incl udin g re asonable and actual attorneys' fees (through all levels of proceedings), res ultin g from any cl aims tha t may be asse11cd against tl1 e otl1er party by any ren l estmc bro ke r or finder with whom th e indemnifyin g party ei U,er has or is purported to hav e dealt. I. 32 11 \"1F lahc ny\E MRf\Lmy \1 dlet L::a~c 9 28 •11) do:: rN WITNES S WHEREOF, this Lea se has been execu tod as ufthe date w1ittcn above. • It \Mf.bl1ert r\E MRf'L,11)· M1 !,c : Lc:i ~e Q-:?S -1 IJ rl:ic LANDLORD: ENGLEWOOD/,1CLELLAN RESEVOln FOONDATION A Co lorado non pro lit corporation By: ___________ _ Name Titi e TENANT: MILLER FAMILY REAL ESTATE, L.L.C . a Utah lim ited liabil it y company By:. ___________ _ Name Title 33 • • • EXHIBIT A-I LEG AL DESC RI PTI ON OF PRE MI SES • • EXH IB IT /\-2 S ITE PLAN OF PREMIS ES • • • A-2 • • • EXHlDIT B MEMORANDUM OF LEASE B-1 • • • COUNCIL COMMUNICATION Date: Agenda Item: Subject : O cto ber 17, 201 I 11 C ii A Res oiution to Appropriate Funds for the Rep la cement of St1et!l Light s 0 11 S. Sanld Fe Drive Initiated By: Staff Source: Department oi Fin ance and Administrati ve Frank Gf)•gl ew icz, D irecto r Services COUNCIL GOAL AND PREVIOUS COUNCIL ACTION The City Council di sc ussed th e deteriorati on of th e South Sa nta Fe li ght pol es durinu a Study Sessio n in May ,rnd again at the October 1 O Study Sessi on . Council ha s made th e m amt enance of the City's infr,1structure a majo r priority for many years . RECOMMENDED ACTION Bec aus e no flm ding was budge ted in ~011 for thi s project , C ity ~taff rec omm en ds City Co uncil approve th e alt,Khed resolution for a tr ansfe r of funds an d suppleme ntal appropriation lo repl,Ke deterioraling light poles on South Santa Fe Drive. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED Th e li ght poles on South Santa Fe Drive were installed in approxim ately 1993/1996 . Xcc l Enc rgy nn ti fieci the Ci ty of Eng lewood in April , ~0 11 that the majority of the stree t light poles along South Sa nta Fe Drive we re deteri orating and posed a hazard lo th e public. Xce l Energy is res p o nsibl e for providing maintenance 0 1 th e p oles and con sequently ,s liable fo r damages that co uld b e ca used by the deteriorating poles. 8 1• contract. th e indi vidu al ci tie s are resp o nsibl e fo r ihe com of replaci ng the pol es in th eir jurisdir.ti ons . The origin c1l Xcel [ncrgy es tim ate to replJ cc the dec orat ive po les with th e sam e produc t w Js approx im ately $644 ,000. Publ ic Works sta ff, workin g with Xce l Ener gy, iound a sa ti siac t o ry repla ce ment prod uct (ga lva ni zed steel p oles ) at a to tal estima t ed cos t of $127,0 00. Public Works rec ommends replacing th e poles in a tim ely m ann e, to ave rt possibl e harm c,1 used by poles tha t could f,,11 int o the roadway. Th e fo ll ow in g illu strates th e tr ans fer and uo;;r of f11nrls : GENERAL FUND SOURCE OF FUNDS : Unrese rved/Undes ignat ed Fund Ba lance $1 "7,000.00 USE OF FUNDS: Transfer Out to th e Public lmprovieme nt Fund $12 7,000 .00 PUBLIC IMPROVEMENT FUND SOURCE OF FUNDS: Transfer In ~ram Genera l Fund USE OF FUNDS: South Santa Fe Stree tlight Re plac ement FINANCIAL IMPACT $1 27,000.00 $1 27,000.00 This supp lemPnt al t1pprnprirltinn will rPcittre th e 11nrec;e rved/unriesig na1 ed fund ba lan ce in lhe Genera l Fund by $ l 27,000.00 LIST OF ATTACHMENTS Proposed Reso lution • • • • • • RESOLUTION NO. SERfESOF20l1 A RESOLl.!TION APPROVING AN APPROPRIATION TO THE 201 I BL'DGET FOR THE REPLACEMENT OF THE SOUTH SANTA FE DRIVE STREET LIGHTS . WHEREAS, the Ci ty of Englewood is required by City Charter 10 ensure that expenditures do not exceed legally adopted appropriations; and WHEREAS , the 2011 Budget was submitled and approved by the Englewood C,,y Co uncil on October I~. 20 I U; and WHEREAS, ligh: pol es on South Santa Fe Dri ve were mstalle<l in approximately 1995/1 996 ; ru,J WHEREAS. the South Santa Fe light pole s ha ve physically deteriorated 10 the point where they are ha zardous 10 tlt e pu0lic; and Wllli!U'AS, the passage of this rcsolut:on will appropnate the funds to allow replacing the po les in a timely manner 10 avert ?OSsiblc hann caused by poles lhat could fal l into 1hc roadway; NOW, THEREFORE, i::E 11' RESOLVED BY THE C.lTY COUNCO.. OF THE CITY or ENGLEWOOD. COLO RADO , i\S FOLLOWS: Section I. The Bud gel for the PuLli c Improvement Fund of 1he Ciry of Englewood, Co lorado, is hereby amended for the year 20 11 , as follows: GENERAL Fl'ND : SOURCE OF Fl ~OS: Unrcservcd/\J ndcsignat cd Fund Balance $127.000 USF. OF FUNUS : Tran s for Out to the Publi c Improvemen t F·Jnd $127,000 Plllll.lC IMPROVF.MF.NT FUND: SOURCE OF FUNDS: Transfer in fr om Gene ra l Fun<l $127 ,000 USE OF FUNDS : South Sa111a Fe Strcc1ligh1 Replacement $127,000 Section 2. The City Mnnngcr nnd the Director of Finance and Administrative Scr\'iccs are hereby authori,ed to make the above changes to the 2011 Budget f,,r the City of Englcwuuu . ADOPTED AND APPROVED thi s 17th day of October. 20 11 . AITEST: James K. Woodward. Mayor Loucrishin A. Ellis, City Clerk I, Louc rishia A. Eilts, Clty L'lcrk for the {.;tty of l:nglewood , Colorado hereb y cenify the above is a true copy of Resolution No . __ . Series o f ~011. Loucnshia A. Ellis, C ity C lerk • • • • COUNCIL COMMUNICATION Date: I Agenda 11cm: Subject: October 17, 20 t I 11 C iii Transier of Fu nds and Supplemental I Appropriation for landscape and Fine /\rts Funds Pro je ct s (Pasco and Broadway Holiday Light ing) in the Public lmpr01•emenl Fund - Initiated Ky : Staff Source : Department oi Finance and Administ rative Frank Gryglewicz, Director Services COUNCIi . GOAL A~D PREVIOUS COUNCIL ACTION I he C,ty Cou ncil 1nit1all y discussed the issues rega rding the Paseo Project at the June 15, 2009 SIud1• Session; City Council di rected staff to prepare a suppl emental appropri,,tion nf 5 12,0 I 1.04 for improveme nt s to th e Pase o Pro ject. Counci l also discu sse d helping the South Broadway Engl ewood Bu siness Improvement D ,stric t (SBEB IO ) in their holiday decorating efforts bu t funds ,n the La nd sca p e and Fine Arts Fund s Project (P IF ) were not .,dequate to cover all cos ts to make th e • improvern~nts r esulting in a cegative balan ce. • RECOMMENDED ACTION Currently, the Landscape and Fin e Arts Project i n th e PIF has a $6,506.7 1 nega ti ve ba lan ce. To r~Uuce lhi= J t:"fiLit to zt:ru, )taff 1~L urnmemb City Council ,1ppro ve the attached 1esolution transferring and appropriating 55 ,866 .60 from th e Genera l Fund's ucrestricted/undes ignated reserves . Th is represents funds provided by the SBE BID ior holiday decoratin g expenditu res whi ch were Inadve rtently deposited in th e General Fund inslead of Ih e PIF . Th e r emainini; $640.11 w ill ue tr.rnsferred fr om th e Landscape ,111 rl Fine A rts F11nrl rnlle cted and held in General Fund to bring th e Pro jecl balance to ze ro. BACKGROUND , ANAI.YSIS, AND ALTERNATI VES IDENTIFIED Th e SREB ID prov ided th e Cilv $5,866 .60 to help offse t th e cost of holiday decorations o n Broa dw ay in 200'l . Th e chec k was inadvcr1 en1ly pul in th e General Fu nd but sh oul d ha ve been put in lhe PI F where pro ject ex p enditures we re made and accounted fo1. The La11tb cc1pe rlnd Fi11 e Art~ Fund was uedh!d tu dLLuu11t fu , fumh cu ll ~c ted (1 a m property owners in lieu oi providing lands cap ing as req uired by Ordinance 2, Series of 198 4. The fu nds accumula ted ca n be use d ior "beau1ification o f th e public areas as determined by th e legis lati ve body." Th e fo ll owing illustrat es the transfer and use of funds: GENERAL FUND SOURCE OF FUNDS: Unreserved/Undesignated Fund Ba la nce I ands cape and Fin e Artli Fun d Bal anc(• USE OF FUNDS: Transf er Out to the Public Improvement Fund PURLIC IMPROVEMENT FUND SOURCE OF FUNDS: Transfer In From Gener.ii Fund USE OF FUNDS: Lands ca pe anrl Fine Art s Ftmd s (P;is P.o/Broadwa y lm provf!mf!n ts) FINANCIAL IMPACT $5,866.60 $640.11 $6 ,506.71 $6 ,5 06.71 $n .son .11 J'his supp lem en tal ap propri ati o n w,11 redu ce th e unre se rved/undesrgnated fund balance ,n th e Genera l Fund by $5,866.60 and rejuce the b alanc e 1$11,889.4 5) in the Lands cape and Fine Arts Fund hy $640 .11 . Th e l.andscare and Fi ne Arts Pr oj ec t in th e PIF will have a zern halan ce afte r 1h r trJ.nsfer is mJde . LIST OF ATTACHME ,'-TS Proposed Resolution • • • • • • RESOLUTION NO. SERIES OF 20 I l A RESOLUTION APPROVING A TRANSFER AND SUPPLEMENT AL APPROPRIATION TO THE 201 I BUDGET FOR TMPROVEMENTS TO THE LANDSCAPE AND FINE ARTS Fl.iNDS PROJECTS -PASEO/BROADWAY HOLIDAY LIGHTING . \Vl fEREAS. 1hc City o f Englewood is required by City Ch~rtcr to ensure that expenditures do not exceed legall y adopted appropriations; and WHEREAS, the 2011 Budget was submille<I and approved hy 1he F.n glewcnd City Council on October 18 , 2010; and WHEREAS. the South Broadway Englewood Business lmprnvemcnt District (SBEBID) requested help in fir,ancing their holiday decorating along South Broadway; and WHEREAS , the Landscape and Fine Arts Fund was created to account for funds collected fr om property owners in lieu of providing lnnd sca pmg as required by Ordinan:e No . 2, Sencs or 198 4; and \VH ER.EAS, the Landscape and Fine . .o\rts Fund s imcnt was to accumulate the funds and to use, the fwids for "beautification of the public area , as dctcnnined by the legislative body"; and WHEREAS , the So uth Broadway Englewood Business Improvement District (SBEBID) provided the Ci1y a check for $5,866 .60 to help offset the cost of hol iday decorations on Broadway in 2009 ; :tnd WHEREAS, the SBEBID 2009 check wa s inad\'crtently put in the General fw1d but should have been put in the Public Improvement Fund (PTF) where project expenditures were made and ac :ountcd for: en d \\'I-IEREAS . an additional $640 .11 from the Landscape and rinc Arts Fund is needed to cover tht: remai nin g defici t in the Public Im provement Fund; and \VHEREAS. this cxpendirure could not be foreseen and therefore was not mchided in the ~0 11 Budge1. NOW, l'J-11:REFO RE. BE IT RESOLVED BY THE C ITY COUNCll OF THE C ITY Of ENGLEWOOD, COLO RADO. THAT : Section I. The Budget for the City of Englewood, Colorado, is hereby amended for the year ending 20 I I. as follows: GENERAL FUND SOURCE OF FUNDS: Urueserved/Undesignated Fund Balance Landscape and Fine Arts Fund Balance USE OF FUNDS : Transfer Out to the Public Improvement Fund PUBLIC IMPROVEMENT FUl'l> SOURCE Of FUNDS: Transfer In From General fund USE Of FUNDS: s,.s66 .6n S 640 .11 $6 ,506.71 $6,506 .71 I .:tnch cape :met Fine Art ~ Funds (Paseo/Rroadw;1y Improvement s) 56.506.71 Section 2. The City Manager and the Director of Finance am.I Atlmmistrative St:rvit.:t:~ are hereby authorized to make the above c hanges to the 2011 Budget for the City o i En~lcwood. ADOPTED AND APPROVED tJtl s 17th uay ufOctubcr, 201 I. ATTEST: James K. Woodward, Mayor Loucrishia A. Ellis , City Clerk I, Loucrishia A. Ellis, City Clerk for 1hc City of Englewood, Colorado, hereby certify the above is a true copy of Rcsulutiun No. __ , Scnt:s of 2011 . Loucrishia A. Ellis, City Cler~ • • • • r ouNCIL COMMUNICATION Date Agenda Item October I 7, 20 l 1 11 C iv INITIATED BY Sou th Bro adway Engl ewood Bu siness ln1p rove me nt Dislric l Subje~1 Approval of South Br oa d way Englewood Bu sin ess lmprovcll"1ent D is lricl (BID) Operating Pl an and pro pos ~d 20 1 2 Budget STAFF SOURCE Darren Hollingsworth, Economic Development Coordinator COUNCIL GOAL ANU PREVIOUS COUNCIL ACTION City Cou nci l approved Ordinance No. 29, Se ri es of 2006 es tablis hin g the So uth Broadway Engl ewood Bu sines s Improveme nt Di s1ri c1. RECOMMENDED ACTION Approve, by moti o n, the So uth Br oa dw ay Engl ewood Bu siness Improve men t Dis tri ct Operating Plan and µropuse d 20 12 Budget • BACKGROUND • In acco rdan ce with St,1te StJtut c the South Br oJ dway Engl ewood Bu sin ess Impr ove me nt Di str ic t subm itt ed, on September 27 , 20 11, th eir Operatin g Plan and pr o pose d 2012 Budget to th e Englewood City Clerk fo r Co un cil's approval. (C RS § 3 1-25 -1211..."The dis tri ct shall file an opera ting plan and its proposed budge! for th e nex t fiscal ye ar w ilh th e clerk of th e mu nicipality no late• th an Sept emb er 30 of eac h yea r. Th e mun icipa li~/ shall approve or disapprove 1he ope rat in g p lan an d budge I wi thin thirty da ys after rece ip t of such ope rating plan and budget and all req ues ted docum entation relatin g ther e tu , uul 110 1 la ter th an December 5 of th e ye.i r in whi ch such doc um ents .:i re filed I FINANCIAL IMPACT ,\/nnr LIST OF ATTACHMENTS So uth Broadway Englewood Bu si ness Imp rovement D,stricl (B ID) Opera ti ng Plan and proposed 20 12 Budget. SOUTH BROADWAY ENGLEWOOD BIO PRESIDENT Ted Vasllas leers c101niers 3476 S. Broadway 0011~ 303 .701.1382 VICE PRESIDENT Bob Laughl in Acou:;tlc Mu&tc Rovlv11I 3445 S BrnArlw11y 80113 303 74'1 .1737 SECRETARY Vicki Sk1gen PawnBank 2815 S. Broadway 8011 3 720.280.5092 TREASURER Brian A. Hart Frame De An II 3085 S. B1oudway 80113 303.722.1525 MEMBERS Bryan Reid Edward's Tobacco Shop :!439 s. Bro3Clway 80113 303. 781 . 7662 Gary Oxman Wagner's Furniture 3400 S. Broadway 80113 303. 789.4206 Joe Kubik Jimano's Pil.zona 2950 S. Broadway 8011 J 303 .789 .0909 w;act e ' j RECEIVED CITY OF ENGLCWOOD, CO September 21, 2011 SEP 2 7 2011 OFFICE OF Dear Englewood City Council : THE CITY CLEP Pursuant to State of Colorado Statutes 31-lS-lll l, the South Broadway Englewood Business Improvement [)istrict (SOEOID) is Forwarding its approved 2012 Oudget and Operating Plan. These documents were approved by the SRF.RID Roa rd oF Dire ctors at a meP.ting on Wednesday. September 21 , 2011. There are no change s to the Operating Plan for 2012. Our South Broadway Englewood Business Imp rovement District had a successful and a productive year. We sut:,<:essfully ura11d ed th e BID area as "The South Broadway M.ile'.', by re -doing the website and holding our first ever festfv.al, "Eats and Beats ". Our brochure/business ciirectory is on display at DIA and at Visit Denver, as well as in thousands or hotel rooms in the Denver area . We look forward to working with Council on the event for next year, and working together to grow business in "The Mile" and in the City of Englewood as a whole . We thank City Council . as well as the Englewood City Staff for the tremendous support and cooperation we continue to receive from you . We value our working relationship, aml look Forward to making even more progress in promoting our district and the City of Englewood in the coming year. Sincerely . Tcu Vasil as, President SOUTH UKOADWAY ENGLEW00D BU SINE SS IMPROVEMENT DISTR ICT i; • ! • • • • • SOUTH BROADWAY ENGLEWOOD BUSINESS IMPROVEMENT DISTRICT 2012 BUDGET MESSAGE DISTRICT SERVICES : The District will be providing improvements and services, which may include the following : A. Marketing. Promotions ,tnd Image Enhancement Pub lic relations to project a positive image or the South Broadway corridor. Collaborative advertising among South Broadway businesses. Production and packaging of marketing materials Including South Broadway map, directory and website. A newsletter and other BID communications. Market research and stakeholder surveys Special events including themed even t s, historical events and ongoing events programming. B. Enhanced Sarety and Maintenance Enhanced safety patrols Improved ,ommunicatlon witl1 City or Englewood Police Dept. Video Monitoring Community and Business Watch Programs Graffiti Clean-up Sidewalk Power Washing C. Special Pro jects Banners Gateways Signage Public Art Cosmetic Improvements Other projects as appropriate BASIS OF ACCOUNTING The ba s is of accounting utilized in th e preparation or the 2012 Budget for the District is the cash basis method . The Di strict's 2012 Budg et includes projected revenues and expenditures for its general operating fund . IMPORTANT FEATURES OF THE BUDGET The 2012 Budget does not result in a violation of any applicable property tax or fisc al year spending limitations. Emergency reserves have been provided in 2012 (3% of the District's fiscal year spending excluding bonded debt service). A General Operating Fund/Expenditures: Paid. for out of the District's General Fund, these expenses include general administrative costs , insurance, professional and other fees, as well as other miscellaneous costs. The District currently does not anticipate seeking the approval of the District's Electors for the authorization and issuance of any general obligation debt n. Emergency Fund/Expenditures : The cmergenq• fund for fi scal year 2012 will be equal to 3% of the IJistrict's rlscal year spending, exclud ing those expenditures for bonded debt services, spending from gifts, federal funds , collections from another government, pension contributions by emJJloyees and pension fund earnirJS, reserve transfers or expenditures, damage awards, or property sales . ANTICIPATED PROJECTS : The District anticipates work in the areas of marketing, maintenance and safety, and special projects to include banners, gateways, signage, public art and cosmetic improvements within the District bound aries in 2012 . ·2 · • • • • • • CERTlFIED COPY OF RESOLUTION TO ADOPT 2012 BUDGET SOUTH BROADWAY ENGLEWOOD BUSINESS IMPROVEMENT DISTRICT COMES NOW, the Secretary of the South Broadway Englewood Bus iness Improvement District, and certifies that at a special meeting of the Board of Directors of the District, held Wednesday , the 21st day of September, 20 I I, at 8:30 am., at Acoustic Music Revival, 3445 S . Broadway, Englewood, Colorado, the following Resolution was adopted by the affirmative vote ofn majority of the Board of Directors, to -wit: A RESOLUTION SUMMARIZING REVENUES AND EXPENDITURES FOR THE OISTRI CT'S GEN ERAi. OPERATING FUND, ADOPTING A RUDGFT IMPOSING SPECIAL ASSESSMENTS FOR THE YEAR 2012 TO HELP DEFRAY THE COSTS OF GOVERNMENT, AND APPROPRIATrNG SUMS OF MONEY TO THE GENERAL FUND IN THE AMOUNTS AND FOR Tiffi PURPOSES SET FORTH HERIN FOR THE SOUTH BROADWAY ENGLEWOOD BUSINESS IMPROVEMENT DISTRI CT, CITY OF ENGLEWOOD, ARAPAHOE COUNTY , COLORADO. FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2012 , AND ENDING ON THE LAST DAY OF DECEMBER, 2012 . WHEREAS, the Board of Directors of the South Broadway Englewood Business Improvement District has authorized its consultants to prepare and submit A proposed budget to said governing bod y at the proper time : and WHEREAS , the proposed budget has been submitted to tJie Board of Dir,',:tors ufthe District for its considerati on; and WHERF AS, at an election held on November 7, 2006 , the District has Eliminated the revenue and expenditure limitations imposed on governmental Entities by Article X, Section 20 of the Colorado Constitution nnd Article and Section 29-1-301 , C.R.S., as amended . NOW, THEREFORE , BE IT RESO LVED BY THE BOARD OF DIRECTORS OF TIIE SOUTH BROADWAY ENGL EWOOD BUSINES S IMPROVEMENT DJSTRJCT OF TI-IE CITY OF ENGLEWOOD, ARAPAHO E COUNTY , COLORADO: Section I . 2012 Budget Revenues. That the estimated revenues for the General fund as more specifically set out in the budget nltllehed hereto are accepted and appro ved. Section 2. 2012 Budget Expenditures . That the estimated expenditures for the general fw,d as more specifically set out in the budget Attached hereto arc accepted and approved . Section 3. Adoption of Budget for 2012 . That the budget as submitted , and attached hereto and incorporated herein by this reference , and if amended, then as amended, is hereby approved and adopted as the budget of the South Broadway Englewood Business Improvement District for calendar year 2012. Section 5. Designation ofEnding Fund_,8alances as Reserves. Thal Pursuant to Const. Colo. Article X , Section 20, the December 31, 201 \ ending fund balw,ce to the General Fund, th~ ~xuct amount lo ~ determined as part of the audit of the December 31 , 2011 financial sUllements, is designated as a general reserve for future contingencies. Section 6. Property Tax and Fiscal Year Spending Limits. That, being fully informed, the Board finds that the foregoing budget does nol result in a violation of any applicable fiscal year spending limitation. Section 7. C:ertjfication . That lhe nistrict is not authorized to levy uny ad valorcm property taxes, and therefore shall be deemed to certify a zero mill levy to the Board of County Commissioners of Arapahoe County, Colorado. during all years that the District shall remain in existence, unless a levy of ad valorcm property taxes for debt or general operating purposes is approved by eligible electors within the District in a furure year . Section 8. Appropriations. That the amounts set forth as cxpenditures and balances remaining, as specifically allocated in the blldget attached hereto, are hereby appropriated for the purposes slated and nu other. lbc foregoing is a true and accurate copy of the action taken by the governing body oflhe South Broadway Englewood Business Improvement District. (SEAL) SOUTH BROADWAY ENGLEWOOD BUSrNESS IMPROVEMENT DISTRICT I Uiai C~~L-- Secretary • • • SOUTH BROADWAY ENGLEWOOD BID OPERATION BUDGET/ WORK PROGRAM 2012 • Revenue • • BID As sess ment s Interest , sponso rship, Other Incom e Total F.xpenditurcs Murheli11g rJptinns include Public Relati ons Media Marketing material s (web site , map , directory) Market re se arch 810 ratepayer communi cation, (newslcltcr, blast faxe s, email s) Special Event s $ I 00,000.00 $10,000.00 $110,000.00 S50,000.00 Maintenance & Safery S 15,000.00 011t1011s i11c/u,lc Enh anced safety patrols Vid eo monitoring Commw1ity and business wat ch programs Ura0i1i cleanup Sidewalk maintenance , power washing Special Projects Op1/n11s include New pole for gateway banner Bann er replacement Signagc Publ ic Ari Cosme ti c Imp ro vement s/ Grant s Ugal' A cco1mti11g Total Expenditures Opera tin g Re se rve (5%) Ca pita l Re se rve (5%) Total Reserves TOTAL S30,000 qo SS,000.00 $100,000.00 $5,000 .0 0 $5 ,000 .00 $10,000.00 $ II 0,000.00 I. SUMMARY SOUTH BROADWAY ENGLEWOOD BUSINESS IMPROVEMENT DISTRICT OPERATING PLAN AND BUDGET The South Broa:lway Englewood Busines s Improvement District (BID) is a special ass es s ment district qesigned to imp rove the economic vital ity and overall commercial appeal of the South Broadway c-0 rridor in Englewood . The Bl D will provide programm ing and benefi ts to businesses and commercial p roperties that will include marketing . promotions . enhanced safety and mainte nance . BID servi ces w ill be in addition to services currently provided by the City or Englewood . BIDs help im prove image, ;ncrease sates . occupancies and prope rty value s and attract new customers and businesses in commercial distric ts and downtowns through out Colorado and the country . Here are the main c haracter istics of the South Broadway Englewood BID : Name : Proposed Boundaries : BID Programs : South B roa dway Englewood Business Improvement District (BID). The proposed South Broadway Englewood BID bOundary generally encompasses th e commercial properties facing the South Broadway corridor from Yale to Highway 285. A map of the BID boundary is attached for reference. The BID can perform lh'l following ki nds of functions within the following general categories (final BID programming wi ll be detenmined by the Bl D board): Marketing, Pwmotions and Image Enhancement: • Public relations to project a positi ve imag e of Iha South Broadway cor rid or • Collaborative advertisi ng amon g South Bro adway busines s es • Production and pa ckag ing or marke ting materia ,s includi ng South Broadway ma p, direc tory and wet- site • Newsletter and other distric t comm unicati o ns • Ma rket research & stakeholder surveys • Special E vents including themed, historical events an d ongoing ev ents programming • • • • • • Budget: Special Assessments : Methodology: Assessment: Enhanced Safety & Maintenance • Enhanced safety patrols • More effective communication with Police • Video monitoring • Community and business watch programs • Graffiti cleanup • Sidewalk power washing Spec/al Projects • Banners • Gateways • Signage • Public art • Cosmetic improvements • Other projects as appropri;;te Total proposed budget tor the lirst year of operation (20 0 7) will be approximately $100,000. Funding for BID services w ill be raised through a special assessment that will be based upon a combination of com m ercial land area and first floo r commercial buildi ng square footage . In order to allocate the costs of the services and improvements to be furn ished by the BID in a way lhat most closely reflects its benefits, the BID will collect a special assessment based upon commercial land area and first floor square footage. There are approximately 1.1 million square feet of commercial land and about 440,000 square feet of commercial first floor building wit~in the proposed BID boundaries. P<lr Colorado state law , any property that is within the BID boundary and is classified for assessment by the county assessor as residential or agricultural Is not subject to the revenue raising powers of the BID and therefore will not be assessed by the BID Below is a table outlining the assessment Lased on square foot of lot and square foot of building: Ra te er SF of lot Ra te per SF of fi rst floor buildin 2 .029 .152 • Term : A tenn of ten { 1 OJ years i, recommended for th e s ;uth Broadway Englewood BID . City Services : A ba se level of services agreement between the BID and the City of Englewood will outline the City 's c;u rr e :1t level of services in the BID area , as the City will maintain its existing services . BID services will be in addition to any City services currently provided downtown District Formation : The formation of a BID in Colorado requires submIss1on of petitions from owners of real and personal property representing mom than 50 % of total acreage and assessed value within the district , a public hearing and a C ity Coun:il ordinance forming the BID. Financial Approval· In orde r to allow for a BID assessment, a maJority of qualified electors w it hin the propos~d district who actually vote must approve the assessment in an elecUon to be held In November 2006 . Governance: The BID will be managed oy a Board of Dire.:tors con~.isting of five (5) to seven (7) members, all of whom • s hall be voting members and Bl D ratepayers . One additional seat (in aduition to the 5-7 voting members) shall be reserved for an ex-officio member that shall be a representative of the City of Engl ewood The board will determ ine annual BID priorities and ov ersee ongoing management of BID programs . The boa rd shall consist of a majority of real property owners , sha ll equitably represent geographic areas of the BID and a variety of size and type of property and businesses . A slate of board nomin ee s shall be submitted by a nominating committee to City Council for ap proval. City Council may, at its discre bon, decline to appoint the sla_te of nominees but If it does so it shall return the entire slate to the nominating committee wh ich shall submit anot11er slate of nominees for consideration by C ity Council. Dissolution: The Bl D may be dissolved if property owners representing more tha;i 50% of total acreage and assessed value within the Distri ct submit petitions to dissolve it, o, if the BID fails to submit an operating budge t to City Council for two successive years . • • • • 11. WHY FORM A BIO? There are se veral reasons why now 1s the right time to form a Business Imp ro vement Di stri ct along the South Broadway corr idor in Englewo od · • Increase Sales, Occupancies and Property Values : More than 1,DOO BIDs have been formed th roughout Nonh America and are acknowledged as a criti ca l ing red ient in c~mmercia l area revitali zatio n BIDs are proven to work by funding improvements and services thal en hance the overall vi tality of a business district. Success is measured by higher occupancies , sales and property values. Nationally , th e BID renewal rate is 99%. • Strengthen the South Broadway Corridor's Competitivenes s in the Regional Marketp lace : The BID supports a results-oriented se t of programs tha t will produce both short-te rm and long-ter m ta ngible imp rn vc-,me nts . These improvements and servi~es will help accelerate effo rls to attract an d re tain consumers , visitors, new businesses and inves tment to Sou II' Broadway . • Create a Reliable Source of Funding for South Broadway: A BID will provide a rel iable , multi-year so urce of funding to ensure the se prog rams can co ntinue to show case and benem th e South Broadway corrid or . • Leverage Positive Changes along the South Broadway corridor: Ther e a re exciting ch anges in Engle wood-with new busi nesses and investm en t crea ting an eclec tic and exciting busines s mix . Th e BID will help to e nsure that the benefits of the new investment and ~nergy wil l be sprea rt throtJ ghout the South Broadway co0 ri dor. • Broaden Private Sector Control and Accountabllity : The South Broadw ay -·11glewood BID will be governed by a board of dis tr ict property and business r-wne rs . Annual BID work plans and budgets will be developed by the board , .nsuring that the BIO will be direcUy accountable to those who pay an asse ss me nt. New prog rams will be subject to private sector performance standards and contro ls. , Create a Unifirld Voice for the South Broadway Corridor in Englewood : A BIO w il l he lp broaden th e foundation tor developing a viable and unified µriv a le sector voice for the So uth Broa dway co rridor . A BID will unify and e nhance th e cur re nl merchant association eflorts , and act as an advocate for the healthy growth and development of the entire BID area . Ill. PROCESS TO CREA TE THE BID OPERA TING PLAN The Plan for creating a BID along South Broadway in Englewood is the result of a community process in wh ich more than 100 Englewood are a property and business owners have participated between the fall of 2005 and the spring of 2006 . The City oi Englewood, at the behest of a group of me rchant and property owners, reta ined the consulting firm of Progre ssive U rban Mana~ement Associates (P .U.M.A.) to help determine the feasibility of for ming a BID . Key ste ps of the proce ss included : • BID Steering Committee: To guide the consultant team and test the viability of the BID concept, a Steering Committee composed of district property owners and business owne rs was created . Ste ering Committe e mem bers include: Ted Vasllas, Jon Cook, Doug Cohn , Beth Minnick, Bob Voth , Rick Reese , Bri an Verbeck , Steve Schalk and Bob La ughl in . • Ono-On-One Meetings with Key Property Owners: A se ries of on e- on-one meeting s were held witl1 bu siness and property owners in the BID study area to determine their will ingness to su ;i port a BID . • Stakeholder Focus Groups : To involve property and busi ness owners in the design and development of lh e plan , two stakeholder focus groups were held in November, 2005. The focus aroups included a survey designed to assess service priorities and whether there was an appetite to support various BID improvements and activities. • Direct Mail Survey : A direct ma il survey was sent to property owners within the Englewood, BID study area in November, 2005. Fifty-five (55) surveys were returned pro viding additiona l input for the design of the BID work plan . • Plan Review Workshops/Final Plan : The draft BID work plan and budget w e re reviewed by lhe BID Steering Committee and then presented to prop e rty and busin ess owners in two workshops h el d in early Februaiy , 2006 lnpul from the workshops and Stee ri ng Committee led to the completion ol the fi nal plan. Top community priorities th at emerged from nearly 100 surveys cm npleled by pa rti cipants in one-on -one me e lings and focu s groups a nd re spondents to the mall survey included : • Marketing, Promotions & Image Enhanceme nt • Enhanced Maintenance • Enhanced Safety • • • • • • IV . SOUTH BROADWA 'f ENGLEWOOD BID OPERA TING PLAN As determined by area property and busi ness o wners, the lo p prioritie s for improveme nts anrl acti vi ties within the BID study area include: • Marketing and prom oti ons to increase the South Broadway corridor's image as a destinati on and increase the consumer draw to the corridor . • Enhanced m aintenance and safety programs to address nuisance crimes to create a more attra ctive, safe and appealing area . The following narrative provid es recommen:iations for the first ope rating year of the Bl D. The Board may amend program activities in subsequent ye ars within the general categori es authorized by state law and in the approved annual operating pl an and budget. Final program s and budgP.ts will be subj ect to the annual review a.1 d approval of the BID Board of Directors . BID PROGRAMS Marketing and Prom'ltions: Initiatives ara recommended to enhance l he overall image and marketability of the South Broadway corridor to attract a wide a rray of consum ers and pro mote South Broadway shops, restaurants, night clubs and other attractions . Th e BID Board ~f Directors will set annual priorities for ma rk eting projects . Options include: • Public relations to raise reg ional awareness of the South Broadway corrid or and its uniqu e restaurants, shops , and attractions . • Map and Directory to help consumers find their way around the corridor and to locate specific venues . • Collaborative Marketing among the various merchants and vendors along the corridor in order to leverage marketing funds and resources . • South Broadway website that maintains current information on area businesses, special events and contact information for South Br Jadway Englewood BID personnel and services • Market research to bett er understand who is shopping alung the corridor and what shops, services , restaurants and events are ga ining the bi ggest consumer draw. • Communications including the publication of a pe riod ic newsletter and annual stakeholder surveys to determine the ove rall satisfaction with and effectiveness of BID programs. • Special Events that bring focus and attention to the corridor are encouraged to continue and expand . Enhanced Maintenance and Safety Programs are recommended to improve the overall image , safety and appeal of the South Broadway corrido r including : • Enhanced safety patrols •·More effective communi cation wi th Police • Video monitoring • Community and business watch programs • Graffiti cleanup • Side~a,lk power washing Special Projects to enhance the sense of place and esthetic qu3 lity of the South Broadway corridor include : • Banners • Gateways • Signage • Public art • Cosmetic improvements V. BID BUDGET T he proposed annual BID budget 1s approximately $100,000 , to be raised through a combination of special ass essment on comme rcial lot and bu il d ing (first floor only) located within the boundaries of the BID . The budget includes provisions for defraying the cos ts of collecting the special assessments and other expenses nonmally associated with special assessment processes. Bonds: The BID shall be authorized to issue bonds at the d iscretion of, and In such amounts as may be determined by, the BID Board of Directors, and subject further to the approval of a majority of BID electors at an election ca ll ed for the purpose of authorizing such bonds . Fees and Charges: Although the current budget and operating plan do not contemplate imposing ra tes and charges fo r services furn ished or performed , th e BID shall be authorized to impose and collect reasonable fees and charges for specific services as de termined by the BID Board of Directors . There are no plans to impose any additional fees and charg es be yond the annual BID assessment at this time . • • • • • • VI. ASSESSMENT METHODOLOGY Under Colorado s tatute s, Business improvement Districts ca n gen.mite revenues through several method s, including ch arges for services rende re d by the dist ri ct, fee s, taxes, spe cial assessme nts, or a combination of any of these . In 01der to allo cate th e co sts of the services to be furnished by the □ID in a way that most closel y refl ects the benefits con fe rred upJn the businesses and co mmercial properties in th e BID , the BID shall be authorized to determine , impose and collect special assess ments based upo n both commercia . lot and fir st no o r comme rcial bui lding square footage . The special assessment methodology is intended to e qui tably addre ss the intended benefits lo South Broadway based upon real prope rty cha ra cteri suc s lo ac hieve the follow ing : BID servi ces wi ll improve overall image and marketab ility of propertie s tl1rougl1oul til e entire area of the BID, lea ding lo in :re ased occupancies and va lues. Land sq uare footage is utilized as an assess ment variable to d is tribute the anticipated benefit to pro perty resulting fro m th ese serv ices . One -third of the proi ected [)IQ budge! is alloca te d to land . Fi rst floor buildhg square footage is assessed 31 a higher rate than land . The first noor of re al property is expected to benefit fro m image enhancemen: activities that in crease occupancies and sates, part '~u larly fro~ re tail related uses . Two-th irds of th e projected BID budget 1s all J ·ated 10 the fir st fl oor of rea 1 pr nr.e rty . Second floor and higher bu1ld11 ,y squa re fo otage is omitted from the s pecial assessm ent because these spaces do not provide the same level of economic re turn as first floor spaces and are less likely to be occupied by retail related uses . The foll ow ing assessment rat es apply to Sou th Broadway Engle wood pruµert ies bHse d upon a database that has been assembled by the City of Eng lewood utilizing data suppli ed by th e Arapahoe County A ssessor and GIS technology. Estimated assessment rates on real property for the first operating year of the B ID are : ... Per sq .fl. of main fl oor of Pe r sq .h. of Lot buildinq South Broadway $.029 $.152 Co mme rcia l Prooe rt,es Annual Adjustments : In order to p1o vide adequate fundi ng for the cos ts of providing its services and improvements in the future , the BID shall be au tho rize d to increase th e rates of assessment set forth above not mere than fi ve per cent (5%) each yea r , on a cumulative basi,. The assessment w ill be collected by the Englewood City Treasurer pursuant to an agreement to be ente red into by between the BID and Treasurer's Office. VII. BID GOVERNANCE AND PROGRAM MANAGEMENT Governance: The BID will be managed by a Board of Directors cons;sting of five (5) to seven (7) members, all of whom shall be voting members and BID ratepayers . One additional seat (in addition to the 5-7 voting members) shall be reserved for an ex-officio member who shall be a representative of the City o f Englewood. The board will determine annual BID priorities and oversee ongoing management of BID programs. The board shall consist of a majority of real property owners, shall equitably represent geographic areas of the BID and a variety of size and type of property and businesses. A slate of board nominees s hall be sub mitted by a nominating committee to City Council for approval . City Council may , at ,ts d iscretion, decline to appoint t:ie slate of nominees but if it does so it shall return the en tire slate to the nominating committee which shall submit another slate of nominees for consideration by City Council. The BID board will have the following responsibilities : • Prepare and file the annual Bl D budget in accorda nce with st3te legal requirements and ensure compliance with other state laws. • P rovide d irection and coordination in carrying cut BID funded improvements and services. Program Management: In order to manag-. and implement BID programs, the BID Board o f Directors may engage professional staff support in a variety of ways , in-:luding: • Employing marketing and even1s , maintenance or sec urity professionals as full or part-time staff members • Contracting for specific serv ices with private firm s T he board wil l ma ke final decisions regard ,ng the operation and d1ily m inagement of BID services upon its formation VIII. CITY SERVICES • • A base level of serv,ces agreement between the BID and the City of Englewood wi!I outline the City's current level of services along the South Br:iadway corridor . BID services w ill be in addition lo 3ny City services currently • pr ovided in the BID boundary . 9 • • • IX . TERM The BID will sunset ten years after it begin s operation s in 2007 (at the end of 20 ·, 6), unl ess extended beyond such term by petitions mee ting the re qui rements of state law for organization of a new business improvement district, and such ex ten sion is approved by the City Council. 10