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Denver committee advances $410 million Vibrant Denver bond issuance and TriUnity contract to full council
Summary
The Finance & Business Committee heard a presentation on a roughly $410 million first issuance for the Vibrant Denver bond program and a proposed seven‑year, $45 million program‑management contract with TriUnity; the committee moved both items to the full City Council.
The Finance and Business Committee of the Denver City Council advanced to the full City Council a proposed first issuance of Vibrant Denver bonds totaling about $410 million and a related program‑management contract with TriUnity Inc.
“Today is Tuesday, January 13, and we have really one big item on our agenda today,” said Chair Selena Gonzalez Gutierrez as she opened the meeting. City finance staff described two items for committee consideration: an ordinance authorizing two series of bonds (a tax‑exempt series and a taxable series) and a resolution approving a contract with TriUnity to manage the bond program.
Department of Finance staff said the first issuance is sized at roughly $410,000,000 with a planned market closing in early March 2026. Staff laid out a multi‑issuance schedule to keep the program on track for the six‑year delivery timeframe: an initial tranche in 2026, a second issuance in 2027, and a later issuance near the program’s end. Staff summarized the mayor’s commitments for the program:…
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