50F4D1A951F2C66587258C53004F193F Hearing Summary

PUBLIC
BILL SUMMARY For CONSIDERATION OF P3 REQUEST, DEPARTMENT OF PERSONNEL & ADMINISTRATION

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Mar 20, 2025
Location SCR 357

Consideration of P3 Request, Department of Personnel & Administration - Anticipated Use of Lakewood Complex Property Approved

Attachment Tag

File Name

Attachment

Attachment B.pdf

08:24:01 AM

Thomas Kurek, Director
of Public-Private Partnerships, Department of Personnel and Administration,
presented a proposal to seek partners to develop unused and underused property
at the Lakewood Complex for use as affordable housing. Mr. Kurek responded
to questions regarding the planned number of affordable housing units in
the project, and certain contractual details. Discussion ensued regarding
the totality of legislative approvals for the project. A CDC staff write-up
on the request is included as Attachment B.

08:53:32 AM	Motion	Approve the anticipated use by the Department of Personnel and Administration for redevelopment of unused state-owned real property at the Lakewood complex through a public-private partnership for use as affordable housing with Capital Development Committee approval of the contract.
	Moved	Mullica
	Seconded

	Hinrichsen	Yes
	Lindsay	Yes
	Pelton B.	Yes
	Winter T.	Yes
	Mullica	Yes
	Story	Yes
		YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

Consideration of P3 Request, Department of Personnel & Administration - Anticipated Use of Lakewood Complex Property Approved

Colorado General Assembly