Colorado Politics

Vibrant Denver Bond, Xcel Energy public hearings to lead council agenda

This week will be a busy week for Denver City Council members with an exceptionally full agenda.

There will be two public hearings on ballot referral measures during the 5:30 p.m. session.

First, the Vibrant Denver General Obligation Bond items are scheduled for their first reading.

There are five bills outlining specific categories of spending for the bond, and one bill that lists all the proposed projects. The one-hour, combined courtesy public hearing will be for all six items.

City officials argue the bond is a “much-needed” investment in the city’s future, aimed at repairing and improving infrastructure and community spaces, including roads, bridges, parks, playgrounds, recreation centers and libraries — all without raising taxes.

Denver voters can authorize general obligation bonds every four-to-10 years, which are repaid through property taxes. Denver’s current bond programs are nearly complete, creating “capacity” for new projects, officials said.

The Vibrant Denver bond would be on an accelerated 6-year repayment cycle and according to city officials, will not raise taxes.

Members of the council may bring forth amendments to any of the bond-related bills during either the first or the second reading.

The second reading and final vote on the items is scheduled for Aug. 4.

Immediately following will be a 30-minute, courtesy public hearing on Council Bill 25-0922, which refers a proposed public franchise agreement with Xcel Energy to the voters in the November election.

Leaning into transparency, city officials note that Denver renegotiates its franchise agreement with Xcel every 20 years, with the current agreement set to end in December 2026.

The idea is to secure the agreement on the ballot a year early, ensuring an agreement is in place by 2027.

There is one proclamation scheduled, honoring the Blackhawks Youth Organization. Founded in 2000, the charity organization teaches advanced skills and promotes teamwork through its athletic program. The organization serves more than 1,000 families in the Denver metro area, providing resources in all areas of family services, according to ColoradoGives.org.

Elsewhere on the agenda, a bill for an ordinance concerning the organization and creation of the Broadway Denver General Improvement District will be introduced. The bill establishes the District Advisory Board and appoints its initial members, approves the 2025 and 2026 work plan and budget.

If ordered published, a public hearing will be held Monday, Aug. 4.

The Denver City Council will hold its regular meeting Monday at 3:30 p.m., with the general public comment session scheduled to begin at 5 p.m.

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