Description
Title: Amends the cost sharing and funding agreement with JV LoDo Denargo LLC (c/o Golub and Company) by adding $22,419.99 for a new total of 9,022,419.99 to cover overages for the community garden part of the project as part of additional scope in a new public park in the Denargo Market redevelopment. No change to agreement terms, in Council District 9 (PARKS-202473847/PARKS-202582745-01).
Summary
The document outlines a request for an amendment to a cost-sharing agreement between the City of Denver and JV LoDo Denargo LLC, related to the Denargo Market redevelopment. The amendment seeks to add $22,419.99 to the existing agreement, bringing the total to $9,022,419.99, to cover cost overruns associated with a community garden within a new public park. This project, managed by Denver Parks and Recreation, aims to enhance public spaces along the South Platte River, particularly in Council District 9. The amendment is significant as it allows for the completion of the park's design and construction, which includes amenities like a playground, public art, and landscaping, thereby benefiting both the new development and the broader community.