The ordinance amends a Lease Agreement with The Fax East Colfax Redevelopment, LLC to add $2,715,937.41 for a new total of $3,774,899.32 and extend the term by two years to March 31, 2028, for 38 residential rooms/units located at 8405 and 8415 East Colfax Avenue in East Colfax, supporting the Roads to Recovery program. The program connects people struggling with addiction or mental health to a coordinated system of care. The Fax East Colfax Redevelopment, LLC was selected through a Request for Expression of Interest.
Details
Subject
Lease Agreement amendment for residential units
Summary
The ordinance amends a Lease Agreement with The Fax East Colfax Redevelopment, LLC to add $2,715,937.41 for a new total of $3,774,899.32 and extend the term by two years to March 31, 2028, for 38 residential rooms/units located at 8405 and 8415 East Colfax Avenue in East Colfax, supporting the Roads to Recovery program. The program connects people struggling with addiction or mental health to a coordinated system of care. The Fax East Colfax Redevelopment, LLC was selected through a Request for Expression of Interest.