City of Colorado Springs

City Hall

107 N. Nevada Avenue

Colorado Springs, CO

80903

Work Session Meeting Agenda - Final

Council Work Session

City Council meetings are broadcast live on Channel 18. In

accordance with the ADA, anyone requiring an auxiliary aid to

participate in this meeting should make the request as soon as

possible but no later than 48 hours before the scheduled event.

Documents created by third parties may not meet all accessibility

criteria.

Monday, April 21, 2025

9:00 AM

Council Chambers

How to Watch the Meeting

Coloradosprings.gov/springstv | Facebook Live: Colorado Springs City Council

Facebook Page @coscity Council | SPRINGS TV - Comcast Channel 18 / 880 (HD)

- Stratus IQ Channel 76 / 99 (Streaming)

Estimated agenda item times are provided for planning purposes and do not constitute notice

of a specific time for any item. Items may take more or less time than estimated. City

Council may amend the order of items.

1. Call to Order and Roll Call

2. Changes to Agenda

3. Regular Meeting Comments

4. Review of Previous Meeting Minutes

4.A.

25-195

City Council Work Session Meeting Minutes March 24, 2025

Est. Time: 5

Minutes

Presenter:

Sarah B. Johnson, City Clerk

Attachments:

3-24-25 City Council Work Session Meeting Minutes Final

5. Executive Session

5A. Open

5B. Closed

6. Staff and Appointee Reports

6.A.

25-194

Agenda Planner Review

Est. Time: 5

Minutes

Presenter:

Sarah B. Johnson, City Clerk

Attachments:

Agenda Planner Review 4-21-25

7. Presentations for General Information

7.A.

25-173

Est. Time: 20

minutes

Visit COS - 2024 year-end Lodgers and Auto Rental Tax (LART)

contract update to City Council

Presenter:

Doug Price, President and CEO, Visit COS

Attachments:

Visit COS LART - 2024 second half-yr VCOS KPI Presentation revised

7.B.

Cultural Affairs Office of the Pikes Peak Region (COPPeR) - 2024

year-end Lodgers and Auto Rental Tax (LART) contract update to

City Council

Presenter:

Angela Seals, President and CEO, Cultural Affairs Office of the

Pikes Peak Region

Attachments:

Cultural Office LART Full-Year 2024 Report Slidedeck for City Council -

4-21-25

8. Items for Introduction

8.A.

25-177

Est. Time: 15

minutes

An Ordinance amending Ordinance No. 24-104 (2025 Budget

Appropriation Ordinance) for a supplemental appropriation to the

Lodgers & Auto Rental Tax (LART) Fund in the amount of

$194,000 for additional projects and events recommended by the

LART Citizen Advisory Committee

Presenter:

Charae McDaniel, Chief Financial Officer

Attachments:

2025 LART Off-Cycle SuppAppropORD_4.21.25 with Exhibit A

8.B.

25-204

Est. Time: 15

minutes

A Resolution declaring the intent of the City of Colorado Springs,

Colorado to issue revenue bonds in connection with financing

residential facilities for low-and middle-income families or persons

Presenter:

Katie Sunderlin, Housing Solutions Manager, Housing &

Homelessness Response Department

Aimee Cox, Chief Housing and Homelessness Officer, Housing &

Homelessness Response Department

Attachments:

COS-2025 Inducement Resolution

COS-2025 Notice to DOLA

COS-2025 Opinion

2025 Private Activity Bond Carryforward

8.C.

25-205

Est. Time: 15

minutes

A Resolution declaring the intent of the City of Colorado Springs,

Colorado to issue its multifamily housing revenue bonds to finance

the acquisition, construction, improvement and equipping of an

affordable multifamily housing facility known as Bradley Ridge

Apartments.

Presenter:

Katie Sunderlin, Housing Solutions Manager, Housing &

Homelessness Response Department

Aimee Cox, Chief Housing and Homelessness Officer, Housing &

Homelessness Response Department

Attachments:

Bradley Ridge 2025 Inducement Resolution

Bradley Ridge_Inducement Resolution_PowerPoint

8.D.

25-206

Est. Time: 20

minutes

An ordinance by the City of Colorado Springs, Colorado

authorizing the issuance and delivery of its multifamily housing

revenue bonds (Royal Pine Apartments Project), Series 2025 A, in

one or more tax-exempt or taxable series in an aggregate amount

not to exceed $60,000,000, for the purpose of financing the

acquisition, construction, improvement and equipping of a

multifamily housing facility in the City of Colorado Springs, State of

Colorado and to pay certain issuance expenses of such bonds;

approving and authorizing execution of an indenture of trust, a loan

agreement with the borrower, a bond placement agreement, and a

tax regulatory agreement with respect to the bonds; making

findings and determinations with respect to the project and the

bonds; authorizing the execution and delivery of related

documents; and repealing all action heretofore taken in conflict

herewith

Presenter:

Katie Sunderlin, Housing Solutions Manager

Aimee Cox, Chief Housing and Homelessness Response Officer

Attachments:

Ordinance-Royal Pine Apartments 2025

Bond Placement Agreement-Royal Pine Apartments 2025

Indenture of Trust-Royal Pine Apartments 2025

Loan Agreement-Royal Pine Apartments 2025

Tax Regulatory Agreement-Royal Pine Apartments 2025

Royal Pine_Ordinance_PowerPoint

8.E.

25-208

Est. Time: 10

minutes

A Resolution of the City of Colorado Springs approving an

Amended and Restated 2025 Operating Plan and Budget for the

First and Main Business Improvement District No. 2

Presenter:

Allison Stocker, Senior Planner, Planning Department

Kevin Walker, Planning Director, Planning Department

Attachments:

First&Main_2_Amend&Restate_Resolution

Exhibit_1_Proposed_First_&_Main_2_Amended_&_Restated_Operating

_Plan_2025

Exhibit_A_District_Contact_Information

Exhibit_B_2025_Budget

Exhibit_C_District_Map

Exhibit_D_Terms&Definitions

Exhibit_E_Budget_Change_Comparison

Exhibit_F_Current_2025_Operating_Plan_&_Budget

Staff_First&Main_2_Amend&Restate_Presentation_WS

Exhibit_G_Redlined_Amend&Restate_2025_Operating_Plan