MUNI-DENVER COUNTYlocal legislationAdopted

Correction to Property Legal Description for 1799 North Pennsylvania Street Loan

Original title: A resolution approving a proposed Amendatory Loan Agreement between the City and County of Denver and 18th and Penn Building I, LLC to correct the legal land description of the original loan agreement. The building is located at 1799 North Pennsylvania Street, in Council District 10. Amends a loan agreement with 18th and Penn Building I, LLC to correct the legal land description of the original loan agreement. The building is located at 1799 North Pennsylvania Street. No change to term or capacity, in Council District 10 (HOST-202581877/HOST-202683990-01). The last regularly scheduled Council meeting within the 30-day review period is on 7-13-2026. The Committee approved filing this item at its meeting on 6-2-2026.

June 22, 2026

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The Frame

What this does

This resolution updates official property records for a city-financed project to ensure the legal description matches the actual land, with no impact on the financial terms or scope of the original loan.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

18th and Penn Building I, LLC

The company is a party to the loan agreement and is subject to the updated legal land description.

City and County of Denver

The city is the lender and is updating its official records to reflect the correct legal land description.

What changed

Last recorded activity June 22, 2026.

What's next

Next step not available in the current record.

Summary

The City and County of Denver has approved an amendment to an existing loan agreement with 18th and Penn Building I, LLC. This change corrects the of the property located at 1799 North Pennsylvania Street and does not alter the loan's terms or capacity.

Key Facts

The resolution corrects the legal land description in a loan agreement between the City and County of Denver and 18th and Penn Building I, LLC.
The property involved is located at 1799 North Pennsylvania Street in Council District 10.
There are no changes to the loan's term or capacity.
The Committee approved filing this item on 6-2-2026.
The resolution was introduced on 5-22-2026.
The last regularly scheduled Council meeting within the 30-day review period is 7-13-2026.

Frequently Asked Questions

Does this change the amount of money the city is lending?

No, the resolution states there is no change to the loan's capacity or term.

Why is this amendment being made?

The amendment is being made to correct the of the property in the original loan agreement.

Why It Matters

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Administrative Correction Pattern

The document highlights the city's process for correcting legal descriptions in existing loan agreements without requiring a full renegotiation of terms.

City and County of Denver

Connected Entities

otherHOST-202581877“Original loan agreement identifier.”Map →

organizationCity and County of Denver“The municipal government entity entering the loan agreement.”Map →

organization18th and Penn Building I, LLC“The entity holding the loan agreement with the city.”Map →

otherHOST-202683990-01“Amendatory loan agreement identifier.”Map →

location1799 North Pennsylvania Street“The physical address of the property subject to the loan agreement.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance15
How much this matters to a regular citizen
Controversy0
Intensity of disagreement among stakeholders
Entertainment0
Compellingness for a non-policy-wonk reader
Buzz5
Current news / social attention level

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